Summary of "AI Hackathon S4 E7 UC1 – Secured Board-Pack/CXO Pack – Auto Compose Engine – CA. Rishi Arora"

Summary

The video features a presentation by CA Rishi Arora (referred to as Sishia Auroraji in the transcript) on an AI-driven automation solution for generating secured board packs or CXO packs. This solution is aimed at virtual CFOs and finance professionals managing reports for clients.

Key Technological Concepts and Product Features

Automation Tools Used

N8N: An automation platform used to create workflows connecting multiple applications without heavy coding.
Notion: For document management and workflow orchestration.
Google Drive & Google Sheets: For storing, formatting, and managing extracted data and reports.
Google Apps Script: Used for data redaction and processing.
OpenAI ChatGPT: For AI-assisted commentary, data analysis, and report generation.
Gamma.app: Converts text reports into PowerPoint (Google Slides) presentations automatically.

Data Extraction & Processing

Data is extracted via API from accounting software such as QuickBooks, Xero, and Zoho.
Automated data redaction ensures confidentiality by masking sensitive information.
Data is structured and analyzed with AI assistance to produce:
- Financial summaries
- KPIs
- Risk registers
- Outlooks
- Recommendations
Reports generated include:
- Profit & Loss
- Cash Flow
- Balance Sheet
- Accounts Receivable
- Trial Balance
- General Ledger

Workflow Highlights

User inputs report period (start and end date).
Workflow triggers data extraction and report generation.
AI generates commentary and insights based on financial data.
Final outputs include a secured document and a PowerPoint presentation.
All files are stored and shared securely via Google Drive.
Status tracking and workflow initiation can be managed via Notion or messaging apps like WhatsApp/Telegram.

Use Case & Benefits

Designed for virtual CFOs, boards, founders, multi-client firms, and audit/compliance teams.
Automates time-consuming manual tasks such as data cleaning, report compilation, and presentation creation.
Enhances governance, investor communication, and operational discipline.
Maintains confidentiality and requires human oversight for language and commentary accuracy.
Reduces turnaround time from hours or days to minutes (approximately 5 minutes for full report generation).

Guides, Tutorials, and Insights

The presenter demonstrates the entire workflow live, showing how folders and reports are automatically created in Google Drive.
Emphasizes the ease of building such workflows even with limited coding knowledge by leveraging ChatGPT for guidance.
Shares prompts used in ChatGPT to build the workflow and automate various steps.
Explains the importance of verifying AI-generated commentary before finalizing reports.

Main Speaker

CA Rishi Arora (referred to as Sishia Auroraji in the transcript), a professional virtual CFO and presenter of the use case.

This presentation offers a comprehensive guide on automating board pack generation using a combination of no-code automation tools, AI, and cloud document management. It showcases a practical application of AI in financial reporting and executive communication.