Automation

Plus, NetSuite launches training program; automated invoice processing times get faster; and other tech news and updates from the accounting world.

A recent experiment has clocked automated processes as more than seven times faster than manual processing for accounting tasks.

Even the smallest of firms will soon be fully paperless, say accounting thought leaders.

The new solution allows for automated data importing in multiple formats from different sources for fixed asset transactions for both financial and tax accounting purposes.

In the first installment of our series, “The Frontier,” thought leaders predict that the age of humans inputting and processing data will soon come to a close.

To truly embrace the full potential of an AI-enabled tax platform, companies need to develop a give-and-take relationship.

A lack of confidence in the accuracy of programs means businesses continuing to rely on manual processes, according to a recent report.

The early adopters of accounting automation will not only survive, but experience the fastest growth.

Whether it’s minimizing the number of administrative tasks that take up large chunks of their day or more access to data to help inform a decision, accountants and bookkeepers can benefit.

The finance and accounting sector is suffering as accountants are often expected to do more with less.