TA Mounika

Deputy Manger – Finance – Big Basket

Play Video about TA Mounika, BigBasket, Deputy Finance Manager

TA Mounika

Deputy Manager – Finance – Big Basket

FTUL

Welcome to our finance tech series. Let’s welcome Mounika from BigBasket.

Mounika

Hi. This is Mounika from BigBasket. Okay, so I have 12 years of experience professionally where I would be handling all this AP and a little of AR which is related and fixed asset management for the company.

FTUL

Okay, how do you think AI and automation will impact your company’s financial operations and reporting processes in next three to five years?

Mounika

And over the last 12 years of experience where I had an experience with a chartered accountant firm with the various segments of the accounting part and this everything related and now the technology been into it and seeing the accounting before 10 years and after 10 years it’s completely different. That is taking happening in this complete world and maybe after two, three years since taking this rapidity of the growth of this world.

May be after two years, you cannot even compare how it was in the previous and especially now presently within with the introduction of this AI. Okay, now people are moving faster, growing faster and they wanted everything to faster. Like as big baskets is delivering in 10 minutes now, they wanted everything to be done in short span of time. The people have become like that, and the organizations have become like that, and everybody’s mindsets have become like that.

May be with this introduction of this AI, maybe it will be more than like I’ll want it in one minute kind. Okay, so there are advantages and disadvantages of with the AI where because before people have more thinking capacity and they have more, you know, figuring out the capacities, how they can have it. But maybe introduction of the AI all the work that has to be done by a person has been done by a machine. So later if we wanted to think what is right and what is wrong, women are not in a position to tell. We have to just google it. So previously it was not things were not like that, but and the main advantage is like time saver. Moving with the world, cope up with the world, sustain in the world can help with the AI.

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