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Embracing AI, Automation and Other New Tech Is Necessary for Successful Firms

CPA Practice

In the accounting world, the ground beneath our feet is shifting faster than ever, thanks to the whirlwind of advancements in technology such as AI, automation, blockchain, and more. The new way of doing accounting When looking at how accounting is rapidly changing, technology is clearly the main driver of that change.

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Spring Budget 2024 – Technology Sector Commentary

Menzies

Investment and funding for tech companies The Chancellor has reversed the thresholds to qualify as a high-net-worth individual, reinstating the £100k income threshold (from £170k). So the return of the previous criteria is welcome in order to encourage diverse investment in the tech sector.

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Analyze, align, automate: How to optimize financial systems.

Airbase

Reuben has noticed three main motivations when companies start to look for optimization strategies: How do we scale? Now we’re starting to see a settling with a more optimal way to use technology and consolidating certain systems where it makes sense.” All while minimizing waste by automating as much as possible.”

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5 Common Ways That Legacy Technology Puts Your Firm at Risk

CPA Practice

While every industry has outliers when it comes to technology adoption, i.e. adoption that is either faster or slower than the median for a particular group, historically, the accounting profession has trended toward inertia when it comes to making technology changes.

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2021's Hot Tech Tools and Services for Financial Professionals

Speaker: Stephen M. Yoss, CPA, Partner at Devmatics, LLC

Technology is the closest thing we have to magic. We can time travel by having technology improve organizational effectiveness and efficiency. We can teleport across the country by leveraging cloud technology to connect us together. It will give the attendee a good understanding of the best technology currently available.

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Digital Transformation Trends for 2024: Workplace Technology

Withum

The world of digital transformation is constantly evolving and changing, and so are the tech trends that shape it. In 2024, we can expect to see some amazing workplace technology innovations and breakthroughs in the fields of artificial intelligence, cloud computing, cybersecurity, automation and more.

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How Disruptive Cloud Technology is Shaping Practice Growth

Accounting Insight

The cloud was once viewed as mainly a cost-savings-focused technology model, allowing businesses to control and even optimise expenditures to get more out of their IT budgets. In this article, we look at three key areas where disruptive cloud technology has changed, and is continuing to change, the tax and accounting industry.