In this high-speed world, there is an increasing number of firms feeling the pressure to keep up and being tempted by the siren song of AI.

Accountants have had little choice but to watch in horror as clients start using AI and Large Language Models (LLMs) to get financial advice and senior managers should be aware of the dangers of caving to similar temptation.

The fact remains though that human tenacity is often not enough to get through the working day anymore.

As not all technology is created equal, it is worth understanding which innovations can help and which will cause more harm than good.

 What are the dangers of relying on generic technology?

Despite the fact that they should have the most awareness of potential risks, it was recently reported that senior managers are some of the highest-risk AI users in workplaces.

This is due to the lethal combination of their having the power to make impactful decisions and the potential to believe the output of AI systems without verifying the assertion.

It may seem like the solution would be to ignore technology, but there is increasing pressure on senior managers and it is not unreasonable to expect them to need support.

The real problem is that data produced by AI can be entirely fabricated yet presented in an authoritative way that can convince people that it is real.

This results in important decisions being made erroneously, particularly when those decisions are made by someone who does not fully understand what the data should look like.

Even experts can be tricked if they do not do their due diligence of researching the output of an LLM.

At that point, the question arises as to whether time is actually being saved by relying on these systems when everything needs to be meticulously fact-checked anyway.

There have been examples of lawyers bringing fictitious case studies to court and police officers turning into frogs in reports, which show what happens when technology is blindly trusted.

For senior managers in accounting firms, it might feel as though the only way to be confident in work is to stick to traditional ways of working.

Can senior managers rely on technology?

To keep pace with demand, there needs to be a way for senior managers of accounting firms to lighten their workloads with confidence.

Rather than second-guessing systems and worrying about the potential for data breaches and leaks, senior managers need a system built for them.

AI does represent an exciting new opportunity, but it has to be specially designed for use by accounting firms.

Glasscubes AI is optimised to give you the power and convenience of AI without introducing the fear of noncompliance or hallucination.

Our AI is purpose-built for accountants to collect and analyse information with ease so that it can comfortably sit alongside the work they are already doing.

Rather than accounting teams having to trawl through client information, Glasscubes AI can intelligently review submitted spreadsheets and documents to extract key figures.

This works even with crumpled-up, handwritten scrawls, the kind of which would normally leave your team scratching their heads trying to decipher.

You can save hours with manual reviews, as you know that nothing has been missed.

Rather than letting unstructured work control the pace of workflow in your firm, take control with an AI intelligently enough to keep pace with your talented team.

The AI then pulls this information into the efficiently designed Glasscubes system that has been working to optimise the way that accountants work by providing a secure, streamlined platform for the entire team to engage with.

If your team can work more efficiently, your clients may be less inclined to rely on generic AI for financial support, saving you another headache in the process.

Book a demo today to discover technology you can trust.