Automation

Plus, Aiwyn rolls out comprehensive platform with payments, practice, client experience, tax; Fathom launches new solutions for insights, advisory; and other tech news.

In an ideal world, your general ledger is streamlined, automated and does financial reconciliations. In reality, most accountants still default to Excel.

We must face the fact that some areas of accounting will be completely replaced by AI, which means professionals must find new islands of safety.

How do you determine whether AI, automation, or any emerging tool is worth the investment? The answer isn't as complicated as it seems.

Plus, Solver releases xFP&A Nonprofit Industry Solution Models; CPAClub launches "Club 22" professional network; and other accounting tech news.

Should auditors be involved in real-time financial monitoring? The potential is huge, but so are the challenges that come with it.

By streamlining tasks such as risk assessment, control testing, and reporting, generative AI has the potential to increase efficiency across the entire SOX lifecycle.