Unlocking AI for Accounting:
Everything you need to be an artificial intelligence (AI) champion for your finance organization.
This quick-start guide provides a helpful overview of all things AI for accounting — including use cases, benefits, and value drivers — with the intention of arming you with key information and insight so you can become an AI champion and embark on your own AI adoption journey.
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How is AI being used in accounting
AI can replace or augment manual accounting processes in areas such as data analysis, expense management, payroll processing, invoice processing, invoice payments, reporting and forecasting, fraud detection, and workflow automation.
But where to start? Finance leaders need to consider all the tasks and processes within their team and start from the ground up. There are many problems that advanced AI may someday solve, but today’s best AI solutions are trained to address very specific pain points, and business leaders can use AI to replace mundane tasks and fill efficiency gaps. Repetitive tasks are the best place to begin — if finance leaders can automate and offload data-entry or validation tasks to an AI agent or “copilot,” they can refocus talent resources on the next level of value for the organization. Then, over time, AI can be applied to operational accounting tasks, more strategic tasks, and complex decision-making.
Get the guide to learn more about how finance leaders are leveraging AI for accounting and achieving peak operational efficiency.