Accounting firms are brimming with the types of repetitive, routine tasks that automation tools are specifically designed to tackle. Just as important, firms are also swimming in data – in all kinds of formats, from sources ranging from paper to email, software applications, and more.
When firms combine automation and AI tools, the resulting increases in productivity and insight can be game-changing for firms. But in practice today, firms still tend to have highly manual processes in place to support these processes and data flows, requiring resources and time that are in short supply.
This guide from CPA.com and BILL explores what accounting firm automation look like in practice and steps to take to become highly automated.
