Automation

Accounting ERP provider Acumatica announced its 2024 R2 launch, with hundreds of new features and capacities, many of which center around automation, integrations and enhanced accuracy.

Many companies grapple with fragmented systems, outdated procedures and a general lack of integration.

Plus, Crowe solution streamlines financial spreading process; Patriot Software releases new payroll, compliance tools; and other accounting tech news.

Sage's new generative AI Copilot solution, set for U.S. release later this year, is meant to make powerful automation capacities more accessible.

When asked to rate how much they use generative AI tools on a scale from 1-10, accountants rated their overall use at 1.56

A study says that the most efficient way to use generative AI is a combination of robotic process automation and application programming interfaces, but it is also the most difficult to implement.

Companies that lag in making payments more streamlined have the potential of risking customer dissatisfaction and falling behind competitors.

To achieve greater agility, accuracy and the foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.

Accounting is an industry wedded to traditional techniques, so leveraging new technology will require a cultural shift within the organization.

Accounting firms and vendors alike have stressed the importance of having a "human in the loop" to oversee AI. Just who are these humans and what do they do?

Both accounting firms and the businesses they serve will grab onto the automation wave or die.

Plus, Biller Genie launches QuickBooks Desktop integration, PayPal integration; and other accounting technology news.

Here's how to go beyond routine process automation and apply strategies that bolster efficiency, autonomy and value.

Collecting payments is essential for business operations, but it's often not a top priority for business owners who are juggling numerous other tasks and demands daily.

Plus, TaxDome adds AI reporting feature; Protiviti uses new "ProtivitiGPT" to enhance internal ops; and other accounting tech news.

Plus, Bill360 solution offers AR automation; Certa announces gen AI capacities, new ESG module; and other accounting tech news.

It's time finance and accounting leaders seriously considered automating AP functions and marking its place as a standard business practice.