AI is undeniably reshaping the way that professionals go about their daily work and this is particularly notable in the accounting profession.
While there is a tendency from some of the big tech companies to act as though AI will change the world overnight and create a sci-fi utopia/dystopia, depending on which big tech firm you believe, the reality is much different.
We want to examine the real ways that AI is changing things for accountants and how it can continue to do so going forward.
What is AI changing for accountants?
Like the typewriter or word processor before it, AI’s biggest advantage is in its ability to take the mundane tasks that were a necessary evil of doing work and dispense with them entirely.
AI is built for dull, repetitive tasks and more accountants are giving those tasks over to their resident piece of tech so that they can use their expert human brains more wisely.
For years, these tasks have frustrated and bored accountants, often ending up as the tasks assigned to the most junior team members as a grim rite of passage.
With AI taking the burden, it may now be possible for those starting out in accounting to get exposed to more engaging tasks earlier so that they can develop and cultivate their skills from the outset.
Even as AI adoption spreads, it is not without some degree of reservation from accountants.
There is a fear that AI hallucinations will result in costly errors that could see the reputation of the firm in ruins.
This is why, even when accountants are starting to utilise AI, they continue to ringfence the work that it is able to do.
Work involving moral judgement and ethical reasoning, or that which needs a particular focus on empathy, is not currently being given over to AI.
There may be some who view that as a restriction of AI, but the reality is that this kind of division is something that is part of the strength of AI.
The real question is whether accountants can trust in the systems they use to confidently divide the work in this way.
How can accountants grow to trust AI more?
Much of the fear is around AI proving unreliable and generating deeply concerning hallucinations.
This is not a universal truth for all AI systems, but is a signal that the wrong piece of technology is being used for the job.
Accountants should not have to settle for hoping for the best when they could instead use technology specifically designed for the work they want to complete.
With its powerful AI capabilities, Glasscubes is here to inspire confidence in accountants.
Whether you want to unify workflows so that the whole team can work in harmony or automate chasing emails to clients, Glasscubes can handle the work that you are too talented to waste time on.
If your client does finally get back to you with information scribbled on a soggy napkin, Glasscubes AI can extract the information and present it for you in a way that is usable.
One day, accountants will tell stories of having to manually type out or copy across client information, much to the horror of the next generation.
Glasscubes can make that future your present and let your accounts confidently do the work they should be doing.
Book a demo to find out how AI can change your accounting firm for the better.
