Accounting and compliance teams at large companies have a ton of manual repetitive work. Over the last 15 years, everything that is not specialized — accounting, compliance, customer services — got offshored to a team thousands of miles away. This includes internal offshoring to a shared services center or externally to a business process outsourcer….
By Cameron White. With the rise of generative artificial intelligence (AI), including ChatGPT, the accounting industry, like many others, is abuzz with talk about how the technology will redefine the future of the profession. As more firms embrace AI technologies and begin to automate their workflows, there’s excitement around the benefits to be had—from time…
“Automation” is easily a favorite word in any CPA’s dictionary. When you automate your processes, you not only save time (and money), you can increase your capacity to take on more work. Since automation in the accounting profession has been a huge win for CPA firms, it’s no surprise that most of us are automating…
