How do smaller accounting firms use AI? Smaller accounting firms might not have the same resources as the Big 4, but they are also embracing AI to stay competitive and offer better services. According to the GenAI report, the top five use cases for tax firms using or planning to use GenAI...
SMBs and accounting firms alike are preparing to embrace the future of Artificial Intelligence. If you’re asking yourself, “How does AI fit into the accounting profession — and where does that leave me?” then our webinar will help to answer your pressing questions! Join our expert panelist...
AI can take over tedious, repetitive tasks like data entry so accountants can focus on more strategic, meaningful work. Many accounting firms are using AI to streamline operations, improve efficiency and enhance client communications. We’ll explore the relationship between AI and accounting and how ...
By experimenting with different prompts (e.g., “How will AI change the accounting industry in the next 5 years?”), you can start to spark new ideas on how to incorporate AI into your workflows—and how to use it to better serve your customers. 3. Client Communications Another great wa...
In the past three or four years, artificial intelligence (AI) has grown from a technology that...Radigan, JosephAmerican Institute of CPA'sJournal of Accountancy
Glasscubes brings AI and accounting client engagements together in one secure place Automation is baked intoGlasscubes,a client portal perfectly suited for accounting firms large and small. For example, you can automatically request financial files from your clients instead of spending time sending emai...
For instance, a GPT model can help automate the generation of reports, use language queries to interact with financial data and extract relevant information from invoices. Intuit is at the forefront of AI; our strategy is to be an AI-driven expert platform. In the accounting industry alone, ...
I’m always amazed at the different use cases for ChatGPT. While the AI tool is usually thought of as a platform to generate ideas and text, it can also be used for accounting-related tasks like data analysis and calculations. Accountants can use ChatGPT to do anything from calculating sta...
Sure, the new tool will enable them to do things they couldn’t do before. However, they have to learn how it works. How it works may be very different from what they’re familiar with. Instead, try “New tool X includes features, A, B, and C that current tool Y doesn’t have....
In the current Digital Transformation age, things are not much different. Whatever jobs AI displaces, it has the potential to create more job opportunities. A good example of this is Handwrytten, a company that provides handwritten notes for businesses. What a sweet, old-fashioned tradition!