Is your accounting firm ready to introduce AI?

Bruce Penson, managing director at Pro Drive IT, sets out the advantages and limitations of artificial intelligence for accountants with tips on implementation

With so much conversation surrounding this artificial intelligence (AI), it’s no wonder so many accounting firms are getting swept up in the hype and diving headfirst into this advanced technology. 

In fact, 71% of accounting professionals believe AI brings substantial benefits to the accounting industry, leveraging it to enhance their operations, increase productivity and gain a competitive edge.

For any firm that wants to save time and effort and fill in operational gaps, adopting an algorithm that can sort data at scale, automate tasks and solve problems seems like common sense.

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