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Are AI and Automation the Same? FAQs to Guide Your Company’s Technology Strategy

Anders CPA

Many businesses are exploring the advantages offered by automation and AI, but with so many options to choose from, it’s difficult to know where to start. Understanding the different types of automation and the various case uses of AI are the first step to learning how these technologies can impact your business.

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Tech news: FloQast automates with AI

Accounting Today

Plus, Settle offers three-way matching for purchase orders; Modern Treasury introduces Professional Services offering; and other accounting tech news.

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Tech Can Help Accountants Have Hobbies Again

CPA Practice

But there is good news: as the accounting industry continues to embrace technology, this has included a shift toward automating and streamlining operations. Chief among the uses for automation in accounting are functions like accounts payable, accounts receivable, and spend & expense management.

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A Guide to AP Automation Technology

MineralTree

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape.

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No, Robots Are Not Taking Over Your Job: A Discussion on Balancing People and Tech in Automation

Speaker: Michael Ly, CEO of Reconciled, and Chris Elmore, UNCC Professor and Chief Evangelist of AvidXchange

The common fear about automation today is the belief it will displace millions of jobs. While it could make certain functions obsolete, a more optimistic view is that automation enables people to re-center their workday on more essential, purposeful functions. But technology is only as good as the people it serves.

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Automating your way to success: How automation can help relieve accounting staff shortages

ThomsonReuters

Jump to: Reflect on your current tax workflow Use automation to boost staff engagement and retention Unlock growth opportunities With staffing shortages of epic proportions, the accounting industry is facing a crossroads. From there, look for opportunities to innovate and automate. Download report 2.

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The Technology Lab Podcast – Accounting Automation with Guest Jason Richelson of Bookkeep – August 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss accounting automation tech with the co-founder of Bookkeep , Jason Richelson. Use the podcast player below to listen.

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Breaking New Ground: Managing Innovation Fatigue With Effective Automation

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals.

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Why HR Technology Matters Now More Than Ever

When a crisis hits, HR technology gives business leaders the data, tools, and support to make important business decisions quickly. In this report, Josh Bersin outlines why HR tech is more important than ever and how it can help small and medium businesses throughout times of crisis.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”.

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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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Predicting What’s Next for Firms & Collaboration Tech

It's no secret that technology has fundamentally changed the way we communicate—both in our personal lives and at work. Read this whitepaper to understand the evolution of collaboration in audit and tax engagements, its impact on firms, and predict where technology will take collaboration next. Download the whitepaper today!

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up!

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Digital Transformation in Accounting: Why It’s Essential for Modern Firms

As technology reshapes business, firms must adapt or risk obsolescence. Competitive Edge: Attract tech-savvy clients and offer innovative services with digital tools. Train your team to leverage new technologies. Discover how Fincent can streamline your transition. The accounting industry faces a digital revolution.

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Crafting Your Accounting Innovation Strategy

Speaker: Donny C. Shimamoto, CPA.CITP, CGMA

Attend this non-technical, but technology-focused session to actually work through creating an innovation strategy and developing a plan for modernizing the way you provide accounting services with the latest accounting technologies.