Artificial intelligence is transforming the way businesses manage lease portfolios, bringing automation, accuracy and strategic insights to lease accounting.

Panelists at today's Schellmancon event said that last year saw a great increase in AI oversight, governance and regulation, and that this trend will likely not only continue but accelerate this year.

Plus, Xero debuts "reconcile period" feature; EisnerAmper appoints David Frigeri as chief artificial intelligence officer; and other accounting tech news.

For tax professionals considering AI-powered solutions, accuracy, integration and industry specificity are critical factors to evaluate to enhance workflows.

During its Intapp Amplify event, Intapp announced new artificial intelligence-driven improvements to Intapp's Time, Walls and Assist products.

Plus, KSM launches IT services advisory; Expensify announces Expensify Travel; and other accounting tech news and updates.

Intapp DealCloud Activator, an AI-driven solution with a social media-like interface, uses behavioral "nudges" to guide business development behavior.

insightsoftware announced the launch of its new AI-powered Lineos bot, integrated across its product suite to simplify workflows and provide data-driven insights.

Emburse announced new AI capacities across its entire product suite, under the name of Emburse AI.

Agentic AI represents more than mere automation. It's a paradigm shift that elevates the role of accountants from transactional operators to strategic advisors.