To make artificial intelligence worthwhile as an accounting tool, companies must find ways to balance gains in efficiency with the ethical risks it presents.

Plus, Lili announces international payment solution; Foxit debuts new versions of desktop, PDF conversion products; and other accounting tech updates.

AI can help reduce a company's environmental impact through data-driven analytics and optimization, though the energy burden of AI itself remains a challenge.

AI enthusiasm continues to build at accounting firms, but there's a gap between how excited leaders are about AI and how staff and individual contributors feel.

Bench Accounting, like many startups, aimed to shake up a boring but important corner of finance, in this case, bookkeeping for small businesses.

The rise of generative AI has led to AI-guided cheating, and accounting educators are seeing it in their own classrooms.

Financial leaders are looking forward to the new opportunities that 2025 will bring, while keeping an eye on potential risks that may carry over from 2024.

Plus, KPMG announces KPMG Velocity business transformation suite; Sovos achieves full SAP certification on suite; and other accounting tech news and updates.

Firms must stay on top of their tech game to attract younger candidates and consistently invest in tools and technology to make their lives easier.