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Whitepaper

Is Accounting Ready for Artificial Intelligence (AI)?

summary

Artificial Intelligence (AI) is ringing in a new era of technology, and businesses and government alike are vying for innovations that promise to transform operations and improve productivity. But what does all of this mean for accounting?

Download our whitepaper and learn how this powerful tool may already be at work behind the scenes, helping your accounting team work faster and smarter.

AI is the most important general-purpose technology of our era, particularly machine learning (ML), which is a machine's ability to keep improving its performance without humans having to explain exactly how to accomplish all the tasks it's given.

-Harvard Business Review, The Business of Artificial Intelligence

The Market Need

AI technologies are expected to create a $1.2 trillion market by 2020. While some CFOs remain skeptical that AI has a role in accounting, others fear its arrival. This paper addresses common concerns and misconceptions, and provides a realistic view of the role AI will play in accounting.

With a better understanding of AI and its implications, CFOs will be better prepared to embrace the changes ahead, knowing that their jobs and career opportunities will be all the better for it. Key takeaways from this whitepaper include:

  1. Understand what AI in accounting means, and when it will go mainstream.
  2. Learn from use cases and how AI is enabling accountants to be more confident in the accuracy of their close.
  3. Discover how AI will impact accounting careers, and which jobs will be in high demand.

Want More? Download Our Free Whitepaper.

Enterprise-Strength Accounting Software

For three decades, Flexi’s accounting software has been put to the test in the most challenging environments where performance, security and speed are paramount. We bring a unique combination of a true enterprise solution with the built-in flexibility to adapt to any accounting environment.

Superior Speed and Security

Billions of global transactions are processed quickly, books are closed every morning and multi-currencies converted to 36 decimals.

Daily Close and Cost Reductions

Multi-entity with 8,000 units gains daily close capabilities, can close books 70% faster than industry average, and reduces costs 30%. 

Reliability and Precision

Hundreds of insurers and thousands of agents and brokers rely on Flexi to process claims quickly, with precision.