Like many elements of running a successful accounting firm today, the process for evaluating and onboarding new clients can be improved by an order of magnitude with modern technology, writes Intapp vice president and Risk Practice Group lead John Sharkey. In an opinion piece for Accounting Today, he says that the seamless integration of AI, automation and predictive analytics can streamline management of the entire business acceptance lifecycle. With AI as the foundation, most of the time-consuming, data-related ‘work’ can be automated. This includes the gathering, intake, processing, classification, storage and analysis of data from multiple sources in multiple formats.
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors. Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry. We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.
November 8, 2019