AI for Accounting and Finance Blog

Alexander Hagerup

Alexander Hagerup
Alexander is a serial tech entrepreneur based in New York with a strong passion for artificial intelligence. Prior to founding Vic.ai, he founded two other technology companies, the last one venture funded by Northzone Ventures and was acquired by NASDAQ-listed J2 Global Inc. in 2014. Alexander has led the development of several software platforms as well as managed integration projects between business systems for 15 years. He has a finance and accounting background and is also a large shareholder and board member of 24SevenOffice.com, a large cloud accounting & ERP system.
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Recent Posts

Investing in the Right Automation:  Rules vs. Machine Learning

Posted by Alexander Hagerup on Aug 21, 2019 8:42:00 AM

AI promises to do something different than we’ve seen before. While it’s very easy for the human brain to understand a rule, machine learning is very different from a rules-based system. Machine learning is smarter because it uses big data, so it follows trends.

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Topics: Accounting

The Changing Role and Skills of Accountants

Posted by Alexander Hagerup on Aug 7, 2019 8:18:00 AM

How is the role of the accountant changing? And what does this mean for what the accountant, bookkeeper, controller, or virtual CFO does on a regular basis?

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Topics: Accounting

Should You Offshore Outsourced Accounting?

Posted by Alexander Hagerup on Jul 24, 2019 8:08:00 AM

In the accounting industry, there’s a lot of offshoring going on. Offshoring wouldn’t be necessary if you can enable a U.S.-based person with the right technology, making them more effective and more useful. With the right technology, there should be no need to outsource this type of accounting work any longer.

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Topics: Accounting

Why Accountants Invest in AI

Posted by Alexander Hagerup on Jul 3, 2019 9:10:00 AM

Accountants know that it’s tough to change software. This includes the software that they use internally to run their own firms and the software that their clients use.

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Topics: Accounting, Artificial Intelligence

How Accounting Firms Acquire AI Superpowers

Posted by Alexander Hagerup on Jun 19, 2019 8:25:00 AM

When accounting firms are looking for the right AI or artificial intelligence platform, it can be challenging to assess the AI technology that powers the platform. So how does AI incorporate human feedback and learn from you?

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Topics: Accounting, Artificial Intelligence

Vic.ai Helps Accounting Firms Prepare for the Future with Artificial Intelligence (AI)

Posted by Alexander Hagerup on Jun 17, 2019 2:00:00 PM

88% Feel Pressure to Automate and Protect Themselves from Disruptive Changes

For Immediate Release

New York City: 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: Company News

How an Outsourced Accounting Firm Plans to Triple Its Business

Posted by Alexander Hagerup on Jun 12, 2019 8:10:00 AM

When staying local, businesses can find it challenging to recruit talent that’s needed to grow. This is a huge issue many firms face. Some firms have started moving to a virtual model, looking outside their local area, to recruit the right person for the job no matter where they are located. 

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Topics: Accounting

How Accounting Firms Add Value for Clients

Posted by Alexander Hagerup on May 30, 2019 1:17:08 PM

What does it mean for accounting firms to add value for their clients? And how does your accounting firm find the right people to support your company's mission?

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Topics: Accounting

How AI Learns Your General Ledger Accounts

Posted by Alexander Hagerup on May 22, 2019 8:03:00 AM

Companies are all different. Even if your firm specializes in a particular vertical market, it can still take a considerable amount of time for one of your accountants or bookkeepers to learn the general ledger and the cost classifications for dozens of different clients.

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Topics: Accounting

Ignite Spot Accounting Services [Case Study]

Posted by Alexander Hagerup on Apr 25, 2019 8:45:00 AM
  • Industry: Accounting
  • HQ: Kaysville, Utah (Salt Lake City metropolitan area)
  • Employees: 30
  • Accounting / Finance Systems: Bill.com and Intuit QuickBooks Online
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Topics: Case Studies | Outsourced Accounting

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