Artificial intelligence is transforming how firms manage tax returns, communicate with clients and handle administrative tasks.

Audit, risk and compliance platform AuditBoard announced the addition of three new AI-driven automation and analysis capacities to its platform.

Materia's platform can answer accounting queries in plain language and embed citations so users can verify the information.

The software giant said it would roll out 10 "autonomous agents" to complete tasks on behalf of people in areas such as sales, customer support and accounting.

Plus, TaxPlanIQ announces virtual summit; IRS announces availability of 18 online seminars; and other accounting tech news.

When faster, cheaper, and better may not always be the best.

Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning

SAP announced improvements to its spend management and business network solutions, not least of which is the embedding of a generative AI assistant.

Plus LiveFlow raises $13.5 million to modernize accounting, a host of developments in AI, and other technology stories you may have missed in the last month.

Once AI handles all the boring and unpleasant tasks for accountants, what boring and unpleasant tasks will replace them?

New technology has a habit of fixing old problems but creating new ones in their place, and AI is unlikely to be an exception.

Confidence in generative AI has soared among financial operations and tax professionals in just one year.

A survey of internal audit and IT leaders found that while they identity AI as a growing technology risk, they have the least confidence in their ability to evaluate and handle its risks versus other technologies.

Companies increasingly expect their audit firms to leverage artificial intelligence to aid the audit process, according to a new survey from BDO.

Bloomberg Tax and Accounting has launched its Innovation Studio, which offers select customers access to solutions still in development, and its first offering is a new AI Assistant feature.

Plus, Sovos launches Indirect Tax Suite for SAP; Avalara launches AI-based tariff classification code solution; and other accounting tech news.

Crowe announced a major expansion of its Artificial Intelligence Center of Excellence, effectively doubling its size through the addition of three newly established teams fully dedicated to AI pursuits.

Start small, educate employees and stay informed as generative AI develops so you can position your firm for future success.

Aiwyn announced the release of PracticeOS, a vendor agnostic practice management platform specifically for accounting firms.