Category: Senior Management
AI is great, but it’s not as good as you!
Let’s be honest: while artificial intelligence (AI) is a powerful tool, it does have some limitations, especially in the accountancy profession. One of these is that AI just doesn’t understand maths the way humans do. Certainly, it can crunch numbers and give results pretty well, but it doesn’t truly understand the concepts behind the calculations. […]
Read More
The great digital hunt: Tracking and capturing elusive data
Picture the scene… An accountant, armed with a cup of coffee, sits down to tackle the morning’s emails. This has become part of her routine by now, but little does she know that the perfect storm is brewing. On average, replying to emails may take up to an hour in the morning, a task that sets the […]
Read More
Balancing tradition with innovation in accounting
As a senior management figure in your accounting firm, you are likely facing the dual challenge of maintaining your firm’s traditional values while trying to integrate modern technological advancements. It’s a difficult situation – on the one hand, you’ll be worried about falling behind if you don’t embrace technology and on the other, you’re probably […]
Read More
New tax year: A time for new tech?
With the new tax year already in progress, accountancy firms have a prime opportunity to modernise how they operate, especially in terms of managing tax information and documents. Around this time in the tax season, your clients face daunting deadlines that can be stressful, and mistakes or delays add to this stress – as well […]
Read More
Is remote auditing really the future?
Traditionally, the auditing process required auditors to be physically present at client sites, poring over financial records and processes in person. Obviously, this approach involves significant time and logistical efforts on your part. By relying on traditional auditing methods, your firm is restricted by geography to only your immediate area of influence. The further afield […]
Read More