Automation

The fiscal year-end brings a cycle of intense workloads that can extend into the new year, as accountants and auditors work to close the books.

Over-reliance on artificial intelligence carries concerns that cannot be overlooked. Technology can't replace critical thinking and professional skepticism.

KPMG research has found gen AI has a 3-17% EBITDA impact, but this is no reason to replace human accountants.

Plus, TaxBit launches platform for both traditional and digital finance; Mastercard releases business solution platform; and other news.

the accounting solutions provider is expanding to all small businesses after mainly concentrating on the bookkeeping needs of venture backed startups.

In an age where every dollar counts, AI is emerging as a game-changer in helping businesses optimize their cash flow processes with precision and scalability.