Ep. 352: David Buchanan - Nobody Told Accounting. Again. How to Stop Being the Last to Know

If you've ever stared down a massive prepaid spreadsheet, chased a missing accrual on the last day of close, or found out about a new contract when the invoice showed up months later, this episode is for you. Adam Larson sits down with David Buchanan, product leader at FinQuery and former auditor, for a candid conversation about why the traditional month-end close is still a chaotic scramble for so many teams and what it actually looks like to fix it. David breaks down why accruals and prepaids are such persistent pain points, what's really at stake when things fall through the cracks (one team nearly broke a debt covenant), and why cloud-storing your spreadsheets is just a sturdier shelf for a broken process.But this episode isn't just about commiserating. David shares how AI and automation are shifting accounting teams from reactive to proactive, with tools that loop you in the moment a contract is signed, automatically match expected payments to actuals, and give auditors a clean trail without the last-minute scramble. If you're ready to retire "we've always done it this way," tune in. _____________________________________________________________________________________________About FinQuery FinQuery, formerly LeaseQuery, is an intelligent subledger that simplifies lease accounting compliance (ASC 842, IFRS 16, GASB 87 & 96, SFFAS 54, and FRS 102) and automates accrual and prepaid accounting. Built by accountants for accountants, our AI-enabled, CPA-approved SaaS platform empowers 40,000+ professionals by abstracting source documents like leases, contracts, and invoices into a complete system of record. FinQuery integrates with and complements your ERP, simplifying complex accounting, accelerating month-end close, streamlining the audit, and enhancing internal controls.  Learn more at FinQuery.com.