AI in accounting is all talk and no substance. While many market it as transformative in accounting (Syft Analytics we are looking at you) it just doesn’t work. Training takes ages, yet AI still fails to understand context, often needing a lot of manual corrections in your financial reports on your end. Why settle for tools that don’t understand your business? More in the comment 👇
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Exciting news! My eBook, "AI Application in Finance and Accounting Fields" is now live on Amazon! 📚✨ Over the past months, I’ve personnaly explored how AI can transform processes in finance and accounting departments, making workflows more efficient and freeing up valuable time. This book is especially useful for finance and accounting professionals who want simple advice on how to apply AI into their day to day jobs within their company. 🔍 What’s inside: Practical automation steps Real-world case studies Tools and Technologies to embrace Comment “Book” below, and I’ll send you a free copy! Check it out here: https://lnkd.in/d_naYp3K
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AI Finance & Accounting Cheat Sheet Want a copy of the high-res PDF? 1. Like 2. Follow 3. Comment If you need it fast: Click repost too. I will start sending it to reposters! #finance #accounting #ai
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🚀 The Future of Accounting: Machine Learning is Here Accounting is undergoing a seismic shift, and machine learning (ML) is at the heart of this transformation. 🌐 Are you ready to embrace the future? Comment below ---- 👇🏿👇🏿👇🏿 #logistic #Manufacturing #construction #smallbusiness
How has machine learning impacted accounting? 👇🏿👇🏿👇🏿 Machine learning has greatly changed accounting by making it more efficient and accurate. It automates repetitive tasks like data entry and invoice processing, reducing errors and saving time. ML helps detect fraud by spotting unusual patterns in financial data and provides better financial forecasting, aiding in strategic planning. Real-time data analysis with ML offers immediate insights and alerts, improving financial management. It also speeds up audits by quickly analyzing large data sets and identifying discrepancies. Predictive analytics help anticipate future financial outcomes, enhancing risk management and decision-making. Overall, ML allows accountants to focus more on strategic advice rather than routine tasks, cutting costs and improving service.How has machine learning impacted accounting? #accounting #machinelearning #bookkeeper #ai #future #motivation #data #acctsage #bookkeeping
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🎃There's nothing spooky about preparing for 2025! 🎃 The role of accounting technology—and the rise of AI—has never been more critical for businesses. Join us for a webinar, where you’ll learn: 🔸Why now is the time to evaluate your accounting technology 🔸How clean, accurate financial data is essential to AI and automation 🔸The top areas to automate first and how to overcome resistance to change 🔸Practical steps to assess and upgrade your accounting system for 2025 Ready to scare off outdated processes? Register today at the 🔗below! https://ow.ly/QcLe50TVJpB
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How has machine learning impacted accounting? 👇🏿👇🏿👇🏿 Machine learning has greatly changed accounting by making it more efficient and accurate. It automates repetitive tasks like data entry and invoice processing, reducing errors and saving time. ML helps detect fraud by spotting unusual patterns in financial data and provides better financial forecasting, aiding in strategic planning. Real-time data analysis with ML offers immediate insights and alerts, improving financial management. It also speeds up audits by quickly analyzing large data sets and identifying discrepancies. Predictive analytics help anticipate future financial outcomes, enhancing risk management and decision-making. Overall, ML allows accountants to focus more on strategic advice rather than routine tasks, cutting costs and improving service.How has machine learning impacted accounting? #accounting #machinelearning #bookkeeper #ai #future #motivation #data #acctsage #bookkeeping
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I'm thrilled to share that I've recently obtained Certificates of Attendance for five insightful CPD sessions: · AI Adoption Journeys: Lessons from the Frontline · Trust in an AI-Enhanced World: A Foundational Dialogue · Managing Risks: Ethical Considerations in AI Finance · Insights at Your Fingertips: Advanced Reporting and Analytics in QuickBooks Online · Capitalising on Your Personality: Developing Your Effectiveness and Career Potential
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With AI a hot topic at the moment for Finance and Accounting, ever wondered what it might look like in 2024? Discover how CFOs can support their departments by navigating the innovations and challenges brought by Artificial Intelligence in finance. Read here to find out more: https://ow.ly/FFtM50QKJHh #TheAccessGroup #Finance #Accounting #Software #WeAreAccess #AI
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AI in Accounting You wanna know how AI is going to change Accounting? Today, I am going to give you a sneak peek at the future of accounting 👉 Get your free access here: https://lu.ma/q2fvs390 (This is your last chance to join) I am on a mission to educate 1 million finance professionals on how AI can help them with their work to be more efficient and get a better career! I give you access to the people like David Kearney who are shaping the future of finance! Why Attend? • Learn how AI can help in accounting • See real-world examples of AI in action • Get tips on starting AI in your accounting practices • Discover the future of accounting with AI Don't wait to get your free spot at the webinar, it will be interactive! (Link above)
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Check out my co-founder David Kearney's thoughts on how AI is going to transform the finance function in companies! I promise he's actually worth listening to. 😉
AI in Accounting You wanna know how AI is going to change Accounting? Join us next week to get a sneak peek of what the future of accounting will look like 👉 Get your free access here: https://lu.ma/q2fvs390 I am on a mission to educate 1 million finance professionals on how AI can help them with their work to be more efficient and get a better career! I give you access to the people like David Kearney who are shaping the future of finance! Why Attend? • Learn how AI can help in accounting • See real-world examples of AI in action • Get tips on starting AI in your accounting practices • Discover the future of accounting with AI Don't wait to get your free spot at the webinar, it will be interactive! (Link above)
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Why AI-Assisted Journal Entry? There are scenarios where you need to enter some complicated transactions through a manual journal entry in your accounting system or adjust the book. But, you might be having doubts if that's the best way to enter such a transaction as an accountant or if you are a business owner and know nothing about DEBIT and CREDIT entry. With Tyms AI-Assisted journal entry, just describe the transaction scenario and the entry will be performed appropriately in connection with your ledger accounts and business nature. The Tyms AI has been trained with several entry scenarios in line with accounting standards. So, save yourself the headache and get help with AI while also learning.
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Here’s why AI accounting reports are not worth it - https://scottsaddins.com/why-ai-powered-reports-fail/