Hello everyone, I hope you are all well. Welcome to Future Group Accountants. Today, we’re going to talk about data visualization using ChatGPT. We often discuss how the shortage of staff is impacting us all. However, we can use ChatGPT to save time and enhance our reporting.
I have a profit analysis file that I will use as a demo. When using ChatGPT, I remove the company name. I will copy the data and ask ChatGPT to analyze it. This will help me with reporting for my clients. I have used the AI data analyst plugin for this analysis. You can add other plugins that will assist you in your research or analysis.
Once the data is visualized, I can add a summary to my client reporting. ChatGPT breaks down the data and provides us with the information we need. I can export the report in Excel and paste it into my document.
While waiting for the data to be visualized, I can work on other tasks. ChatGPT understands the data and gives us the results we want. It saves time and makes our lives easier.
After analyzing the data, we can see the actuals and budgets. The analysis highlights areas that require further investigation. We can add additional points to the analysis if necessary. The main points are already provided, allowing us to get started.
In conclusion, using ChatGPT for data visualization and analysis can enhance our reporting for clients. It eliminates the need for additional software and saves time. I hope you find this useful and consider using ChatGPT to make your life easier. Thank you and see you in the next video. Bye-bye.
