Automation

Embracing innovation, particularly the transformative power of AI, is key to ensuring long-term success in the accounting profession.

Firms should consider the skillsets of their existing employees when deciding which tools to implement and develop thorough change management plans centered around their employees and their clients.

Botkeeper Infinite helps to streamline automated bookkeeping and back-office accounting for firms without the need for outsourcing.

Vena Copilot combines Vena’s FP&A expertise with Microsoft Azure OpenAI Service large language models, including GPT-4.

Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting.”

My co-presenter for The Accounting Technology Lab, Brian Tankersley, and I noted a variety of AI concepts at each event. While AI integration and models are immature, the few benefits being delivered are real. Continue to look for new product features that include AI technology in 2024, but buyers should continue to be cautious.

Hosts Randy Johnston and Brian Tankersley, CPA, discuss the Acumatica Summit, which they attended in Las Vegas in late January. Acumatica offers an intuitive cloud ERP for businesses.

To alleviate accountants’ tedious—but essential—tasks, firms must adopt automation technology. Here are three things to consider.