How AI can boost accounting productivity and creativity

Excel didn’t kill accounting. It made accountants more valuable. On Using AI at Work, Oren Michaels explained why AI will follow the same pattern. The goal isn’t to replace humans. It’s to give them better tools. ✅ Faster workflows ✅ Lower costs ✅ Less repetitive, soul-crushing work ✅ More time for creative thinking That’s the opportunity of AI agents: handling the rote tasks so people can focus on the real work of building businesses and solving problems. But Oren also added a warning, agents don’t have conscience, and they don’t have fear. Left unchecked, they’ll happily break rules or create risks your team would never ignore. Meanwhile, your competitors aren’t waiting. They’re already using generative AI to cut costs, boost EBITDA, and capture market share. If you’re still stuck in pilot mode, every quarter you’re falling further behind. 👉 Link in the comments.

Excel didn’t kill accounting. It made accountants more valuable. On Using AI at Work, Oren Michaels explained why AI will follow the same pattern. The goal isn’t to replace humans. It’s to give them better tools. ✅ Faster workflows ✅ Lower costs ✅ Less repetitive, soul-crushing work ✅ More time for creative thinking That’s the opportunity of AI agents: handling the rote tasks so people can focus on the real work of building businesses and solving problems. But Oren also added a warning, agents don’t have conscience, and they don’t have fear. Left unchecked, they’ll happily break rules or create risks your team would never ignore. Meanwhile, your competitors aren’t waiting. They’re already using generative AI to cut costs, boost EBITDA, and capture market share. If you’re still stuck in pilot mode, every quarter you’re falling further behind. 👉 Link in the comments.

🚀 New Feature Launch: Progress Bar One of the most common questions we hear from customers is: "How long will this review take?" When you’re uploading complex contracts, you don’t want to sit there guessing. That’s why we’ve added a progress bar indicator to TAbot. Now, instead of wondering, you’ll know: ⏳ How far along your review is ✅ How much time is left before results are ready 🔄 That you can step away and come back when it’s done It’s a simple change, but it’s all about setting the right expectation—so finance and accounting teams can focus on their work without uncertainty. This is just one more way we’re making process more transparent, reliable, and user-friendly. #AI #AccountingInnovation #FinanceTransformation #ProductLaunch #StartupLife #TAbot #ContractWizard

AI isn’t just the future of finance, it’s here... and it’s #transforming how we all work. Today, our own Jane Cummings is sharing real-world insights about this game-changing shift at the John McCarthy AI Summer School. For finance teams everywhere, the benefits are happening now: faster month-end closes, tidier data, and real, measurable savings. We’re #proud to see Jane championing Outmin as part of an outstanding group of leaders in both AI and finance. 👏 Curious about where #finance is really headed? Check it out: https://hubs.la/Q03JWywj0 #AI #Bookkeeping #Automation

As much as I'd love to have a superpowered AI sidekick on my team, I feel like accounting is the last thing that AI is going to automate. When it comes to stuff that doesn't have a clear cut right or wrong answer, like marketing, sales, or planning, AI can take a pretty good stab at what to do. But when it comes to sorting out data and making numbers work, AI seems to forget all common sense. I think this is why accounting firms are valued so high in the market right now: AI, which is changing everything so quickly, has yet to have a meaningful impact on the accounting problem that we have in the US. It just doesn't seem like AI accounting firms are in view yet. But I'm looking forward to that day However far away it may be...

Every week, a new “AI agent” hits the market. Promising automation. Instant reconciliations. Magic. But in the real world of accounting? Most of them break. Because without context — history, judgment, and edge cases — an agent is just guessing. That’s why I’m writing a 3-part series on AI agents in finance: - Part 1 (live now): Why most agents fail without context → link in comments - Part 2: Why workflows — not isolated tasks — are where agents really get tested - Part 3: What it takes to actually build an agent finance team can trust https://lnkd.in/e5ENiy_r

Introducing Accounts Draft: AI Tools for Streamlining Accounting Tasks by Professionals https://lnkd.in/gr6pmrnS Unlocking the Future of Accounting: Introducing Accounts Draft Hello, I'm Robert Benson-May, founder of Accounts Draft. After years of exploring the entrepreneurial landscape, I realized that true value creation drives wealth. This insight came during a pivotal conversation with my dad, a fellow chartered accountant. He encouraged me to focus on building tools for accountants—a suggestion that sparked my innovative journey. At Accounts Draft, we are: Automating Internal Processes: Creating tools that enhance efficiency, freeing time for what truly matters. Offering an Advanced Chatbot: Our "Ask Tax Questions" tool is designed to provide more accurate answers than traditional options. Feedback has been overwhelmingly positive, as these tools are already making waves in the accounting community. I invite you to explore Accounts Draft and discover how we can transform your practice. Let’s connect—share your thoughts and experiences! #AccountingAutomation #AI #Innovation Source link https://lnkd.in/gr6pmrnS

AI has arrived in accounting, and it’s elevating the role of accountants like never before. From AI-powered bookkeeping to financial modelling in Excel that takes minutes instead of hours, cutting-edge tools are helping accountants shift from data entry to delivering real insights. Odyssey is already ahead of the curve here - combining offshore efficiency with robust AI policies and compliance. Learn how AI tools are redefining the role of accountants: https://bit.ly/3VgPF4L #FutureOfWork #AI #Outsourcing #Accounting

How are you leveraging AI and machine learning in your financial forecasting and analysis? In my experience, the shift from traditional spreadsheet models to AI-driven insights has been a complete game-changer, improving not only accuracy but also the speed at which we can make strategic decisions. I'd love to hear about the tools and strategies that are working for your team. #Finance #Accounting #AI #MachineLearning #FinancialForecasting #DigitalTransformation #dublin #Ireland

In the age of AI, I’m always looking for data that shows how this technology is reshaping accounting in practice, not just in theory. I recently read CPA.com's 2025 AI in Accounting Report, which was full of valuable information. One stat that really stood out: AI tools are helping accountants save 30-70% of their time on ‘mundane’ tasks, such as transaction coding. That kind of time savings is a gamechanger for both accountants and our clients! It allows us to spend more time than ever on strategic and advisory services, making our work more holistic, proactive, and efficient, while still delivering the essentials like bank reconciliations, month-end closes, and reporting. The report also highlights an important point: AI is changing the skills accounting firms need from their workforce, not reducing the number of people required. At TBG, we’re not using AI to replace our People – we’re using it to help them upskill faster and deliver greater value to our clients. If you’re curious about the future of AI in our profession, take a look at the full report: https://ow.ly/J1HX50WMkNi