In addition to addressing your redundant tasks, your customer communications requirements, and future changes in technology, the AI (artificial intelligence) platform that you select needs to be able to process and understand your clients' documents.
How do AI and machine learning impact how you build a team that will run your accounting practice?
The battleground has moved, and competitive battles will no longer be fought with the ordinary tools and software that accountants have depended on for decades.
Your firm’s ability to recruit top talent and win the best clients going forward will depend on how well it adapts to AI and machine learning.
We’re entering a new era of accounting driven by artificial intelligence or AI. While the benefits of AI in regards to everyday productivity and efficiency are pretty extreme, the real upside will be with the new era of business success.