2+ week, 14+ hour ago  (838+ words) AI can now do most of the boring, routine, repetitive work like data entry, transaction coding and AP/AR, which raises the question of what exactly the human accountants will be doing. According to several major software vendors featured during…...

2+ week, 3+ day ago  (416+ words) Artificial intelligence-focused accounting ERP provider DualEntry tested some of the most popular AI models on various accounting workflows and found that, at best, they're 77.3% accurate." "Large language models are powerful drafting tools, but finance doesn't run on drafts; it runs…...

4+ week, 2+ day ago  (630+ words) Thad Jampol, co-founder and chief product officer of Intapp, said the AI specializes in the kind of judgment-intensive work particular to professional services providers like CPA firms that traditionally have been difficult to automate at scale. This development, he said,…...

1+ mon, 2+ week ago  (948+ words) The Lunar New Year is upon us, and with it comes the Year of the Fire Horse, one of the most significant years in the 60-year Chinese zodiac cycle. The Fire Horse, orbing-wu (), combines two extraordinarily dynamic symbols: fire, representing…...

1+ mon, 2+ week ago  (430+ words) Oracle NetSuite introduced a host of new features and capacities built around agentic AI covering both process automation and data-driven insights during its SuiteConnect event in New York today. Evan Goldberg, founder and executive vice president of Oracle NetSuite, said…...

1+ mon, 2+ week ago  (800+ words) Love it or hate it, there's no denying artificial intelligence is having a profound impact on your small business clients." 1. Cash flow management: New tools monitor cash flow patterns and send finance teams proactive alerts. If a business's cash runway…...

1+ mon, 3+ week ago  (554+ words) But what does this mean for the profession long-term? And how do leaders navigate this change? Here to help us make a little bit more sense of it all is David Cieslak, chief cloud officer and EVP with RKL eSolutions,…...

1+ mon, 3+ week ago  (642+ words) As talent shortages continue to challenge accounting firms, especially midsized and large ones, leaders are increasingly turning to automation and artificial intelligence to not only fill gaps but to expand capacity without growing headcount " something that is already having dramatic…...

2+ mon, 5+ day ago  (603+ words) AI-guided impersonation attacks have become both more numerous and more sophisticated as the technology improves, and will likely not abate anytime soon. This is according to a series of polls that point to the rise of deepfakes and other tactics…...

2+ mon, 5+ day ago  (883+ words) A year ago, I introduced the Adopt, Test, Monitor framework to help CPA firms navigate the overwhelming AI landscape. The premise was simple: categorize technologies into those ready for immediate deployment, those warranting experimentation, and emerging trends requiring observation. Twelve…...