AI Tools Are Proving to Be a Massive Help for Financial Firms - but for How Long?

AI tools are proving to be a massive help for financial firms - but for how long?

AI has proven such a hit among accountancy firms that they’re hiring lesser-skilled workers whose skills can be amplified.

AI tools are proving to be a massive help for financial firms - but for how long? - WorldNL Magazine

(Image credit: Shutterstock / Pickadook) Report finds half of accountants use AI once per week, the average is 3 hours per dayFewer errors, quicker output and clearer communication are benefitsPractices are now hiring non-accounting professionals thanks to AINew Xero research has claimed UK accountancy firms have been able to increase their profits by £338 million as a result of adoption, with accounting practices - contributing an additional £…

BLK ALERTS - AI tools are proving to be a massive help for financial firms – but for how long?

AI has proven such a hit among accountancy firms that they’re hiring lesser-skilled workers whose skills can be amplified.