AI for Accounting and Finance Blog

Automation Within Client Accounting Services (CAS) / Outsourced Accounting (OA) Teams [Survey Data]

Posted by Joshua Feinberg on Nov 20, 2019, 8:06:00 AM

In Vic .ai’s recent survey of Client Accounting Services and Outsourced Accounting firms, we asked participants if they currently use any kind of rules-based automation (Robotic Process Automation) or if they use any kind of AI-based automation (Artificial Intelligence).

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Topics: State of Client Accounting Services

Top 9 Challenges Within Client Accounting Services (CAS) / Outsourced Accounting (OA) Teams [Survey Data]

Posted by Joshua Feinberg on Nov 13, 2019, 8:50:00 AM

In Vic .ai’s recent survey of Client Accounting Services and Outsourced Accounting firms, we looked at the overall findings from the participant’s responses.

In this article, you’ll learn about crucial qualitative findings uncovered during the survey’s question about what participants find most challenging.

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Topics: State of Client Accounting Services

Accounting Software Industry Veteran Todd Robinson Joins Vic.ai

Posted by Joshua Feinberg on Nov 7, 2019, 7:00:00 AM

Robinson to help accounting firms better leverage artificial intelligence and machine learning technology to improve client services and profitability

For Immediate Release

New York – November 6, 2019 -- It’s an exciting time to be part of the accounting industry. Most firms recognize that accounting has become much more driven by technology. Yet these same principals of accounting firms need to figure out how to leverage technology more effectively and efficiently as tools and platforms evolve. To help traditional CPA firms and outsourced accounting firms navigate these challenges, accounting software industry veteran Todd Robinson has joined Vic.ai -- the AI platform for accounting firms.

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Topics: Company News

Vic. ai Sponsors QuickBooks Connect San Jose 2019 | #QBConnect

Posted by Joshua Feinberg on Nov 6, 2019, 7:00:00 AM

The artificial intelligence (AI) platform for accounting firms will help conference attendees future-proof their practices

For Immediate Release

San Jose, California – November 6, 2019 -- Technology is completely changing and disrupting how accounting firms market and deliver their services. At QuickBooks Connect San Jose 2019, accounting professionals from all over the United States join small business owners from California and the greater West Coast to grow and learn. To help accounting and bookkeeping firms future-proof their practices and defend their core business model against highly-disruptive competitors, Vic.ai is a Gold sponsor of QuickBooks Connect San Jose 2019 at the San Jose Convention Center from Wednesday, November 6th (Accountant Day) through Friday, November 8th (booth B15 @ Innovation Hall).

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Topics: Company News

The Future of Automating AP and Accounting in General

Posted by Alexander Hagerup on Oct 30, 2019, 8:42:00 AM

When thinking about the future of automating accounts payable, how would your daily routine change if you were able to leverage AI to fully automate bookkeeping and pre-accounting tasks?

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Topics: Accounting

The Technology Stack for Client Accounting Services (CAS) / Outsourced Accounting (OA) Teams [Survey Data]

Posted by Joshua Feinberg on Oct 23, 2019, 8:06:00 AM

In Vic .ai’s recent survey of Client Accounting Services and Outsourced Accounting firms, we asked participants about their technology stack.

Artificial intelligence (AI)-driven automation will completely change and disrupt how accounting firms market and deliver their services. At a recent Vic.ai webinar on automating accounts payable, 88% of attendees polled felt that automation would play a “hugely important role” in their firm's future.

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Topics: State of Client Accounting Services

What Accountants Can Expect When Getting Started with Vic.ai

Posted by Alexander Hagerup on Oct 16, 2019, 8:04:00 AM

How can accounting firms get started with automation? One of the most challenging things when an accounting firm starts with artificial intelligence (AI) and automation is simply letting go and being comfortable trusting someone else to do it right.

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Topics: Accounting

Other Professional Services Adjacent to Client Accounting Services (CAS) / Outsourced Accounting (OA) Teams [Survey Data]

Posted by Joshua Feinberg on Oct 9, 2019, 8:21:00 AM

In Vic .ai’s recent survey of Client Accounting Services and Outsourced Accounting firms, we asked participants about what other outsourced professional services their firms offer.

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Topics: State of Client Accounting Services

Evaluating Accuracy and Time Savings

Posted by Alexander Hagerup on Oct 2, 2019, 8:06:00 AM

It’s important to understand what automation is. It’s not something that’s end-to-end where you don’t have to interact with it or think about it. Automation is removing a step or taking a piece of what you do and making it simpler, easier, and less error-prone.

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Topics: Accounting

Revenue Growth in Client Accounting Services (CAS) / Outsourced Accounting (OA) Teams [Survey Data]

Posted by Joshua Feinberg on Sep 25, 2019, 8:12:00 AM

In Vic .ai’s recent survey of Client Accounting Services and Outsourced Accounting firms, we asked participants about how much their CAS/OA revenue grew over the past 12 months.

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Topics: State of Client Accounting Services

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