Automation

A recent experiment has clocked automated processes as more than seven times faster than manual processing for accounting tasks.

Even the smallest of firms will soon be fully paperless, say accounting thought leaders.

The new solution allows for automated data importing in multiple formats from different sources for fixed asset transactions for both financial and tax accounting purposes.

In the first installment of our series, “The Frontier,” thought leaders predict that the age of humans inputting and processing data will soon come to a close.

To truly embrace the full potential of an AI-enabled tax platform, companies need to develop a give-and-take relationship.

A lack of confidence in the accuracy of programs means businesses continuing to rely on manual processes, according to a recent report.

The early adopters of accounting automation will not only survive, but experience the fastest growth.

Whether it’s minimizing the number of administrative tasks that take up large chunks of their day or more access to data to help inform a decision, accountants and bookkeepers can benefit.

The finance and accounting sector is suffering as accountants are often expected to do more with less.

Accountants live and work in a world that’s changing and evolving at record pace. To stay relevant, you must learn, grow and adapt.

The new Botkeeper OS adds new automation features to the product and streamlines current ones.

The cloud-based audit, risk and compliance management platform announced enhancements that will allow for a wider array of options for professionals.

Automation and collaboration platform Fieldguide announced it has closed on $17 million in Series A funding at a $100 million valuation.

The profession needs to broaden its definition of automating its processes.

The technology startup announced an initial round of financing to build a management hub to automate financial reporting.

Robotic process automation has become a necessary technology for many accounting firms that are trying to achieve more efficiency as the staff becomes harder to find during the ongoing pandemic.

As a result of increasing technology and automation, accounting firms are finding themselves at a crossroads.

The biggest firms recently announced that they would spend $9 billion on new technologies.

AI is going to change accounting, but not in the ways that you think.

Not only do accountants have to tackle daily tasks with antiquated technology, but they have to find ways to make this tech meet the modern demands of today’s financial industry.