Marie Speakman 🤖’s Post

We're currently improving the document extraction for Cybooks and we also want to improve accounts payable. For the first step to improve the document extraction, we'll add a protocol, so you always know what happened for each document. This is helpful especially if you don't know who changed what exactly for the document and also what Cybooks's AI did in the background for you. Is there anything else you would expect from a document extraction to make your life easier to digitize documents?

Shadow accounting is history — say hello to assured data with Lantern 👋 In private markets, shadow accounting has long been a necessary, but costly, fallback to ensure accuracy. With Assure, we’re making it obsolete. Designed specifically for GPs, Assure’s private markets-trained AI validates every data point from fund administrators, allowing firms to eliminate shadow accounting and focus on value-added tasks. Explore how our approach to fund admin oversight enables firms to rely on one trusted source for all their data. Get Iain Robertson's take here and discover how leading GPs and administrators are getting ahead of the game! 👇 https://lnkd.in/eCMEnkyz

𝗙𝗿𝗼𝗺 𝗗𝗮𝘁𝗮 𝗔𝘃𝗮𝗹𝗮𝗻𝗰𝗵𝗲 𝘁𝗼 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀: 𝗛𝗼𝘄 DocVu.AI 𝗘𝗺𝗽𝗼𝘄𝗲𝗿𝘀 𝗬𝗼𝘂! In today's data-driven world, financial institutions are buried under an avalanche of invoices, receipts, and financial documents. Manually processing this information is not only time-consuming and error-prone, but it also buries valuable insights beneath a mountain of paperwork. DocVu.AI transforms this raw data into a goldmine of actionable insights. Our platform automatically organizes and analyzes your financial information, providing clear and concise reports that illuminate trends, identify potential risks, and reveal hidden opportunities. Stop drowning in data and start making strategic decisions that drive your business forward. Let DocVu.AI be your partner in transforming mountains of data into actionable insights. #DocVuAI #FinanceAndAccounting #Finance #Accounting #Automation #AccountingAutomation #FinancialOperations #InvoiceProcessing #FinanceDocument #FinanceRecords

Believe a robot could take over for your go-to bookkeeper? Hold that thought! Even with the strides made in tech, AI isn't quite up to par with the tailor-made know-how that a seasoned bookkeeper brings to the table. Here's the scoop: Human Insight: A deep understanding of your business and financial intuition can't be programmed. Relationships Matter: Personal connections and trust built with a human bookkeeper are irreplaceable. Navigating Regulations: Ever-changing financial laws need a human's touch to ensure your books are compliant. Complex Decisions: Unique and complex financial situations require the strategic decision-making of a human brain. Beyond The Numbers: Bookkeepers don't just crunch numbers; they offer advice and strategic guidance for growth. AI is a powerful tool, but it's just that – a tool. Real intelligence is irreplaceable. Keep your bookkeeping personal, compliant, and savvy. #TechVsHuman #BookkeepingBrains #AIlimits #PersonalizedExpertise #HumanOverMachine #BookkeeperAdvantage #TechTrends #FinancePros #DigitalDilemma #NotJustNumbers #BookkeepingBeyondAI #TechRealityCheck

New year, new me. I was inspired by Mike Dvoracek (friend and attorney extraordinaire at Baker McKenzie) to use AI to help me create some work related New Year’s resolutions for CPAs. Here is what the AI machine came up with. These are actually pretty good (I edited this down, it surprisingly even had suggestions on how to measure each of these). I’ll probably make some goals under these, specific to me but overall, it’s a good list for 2025! *Note if you want to get more specific, in your prompt, ask for ideas for your industry of focus. I got some good ideas specific to private equity and food & bev (although some technical guidance was outdated, just a shameless plug that AI will never replace us!!) 1. Expand Knowledge of Tax Law Changes 2. Increase Client Base by 10-15% 3. Implement Cloud-Based Accounting Solutions for Clients 4. Achieve a Certification or Specialization 5. Automate Routine Tasks to Save Time 6. Improve Work-Life Balance 7. Increase Technical Skills (Excel, Data Analytics, etc.) 8. Improve Client Communication and Relationship Building 9. Contribute to the Accounting Community 10. Optimize Personal Financial Management What are your work related resolutions for 2025?

Have you ever wondered if software development qualifies for R&D tax credits? In a story with Accountancy Today, Ryan’s R&D Technical Consultant, Megan Young, explains the R&D guidelines for software development and highlights the key information to include when making a claim. Read the full story: https://lnkd.in/gGm_TrgJ #TaxCredits #AI

The majority of legal tools' interfaces are overwhelmingly complicated and often outdated. Many people argue that the legal domain is inherently complex and requires complex solutions—and I fully agree with that. Today, with the help of AI, we have the ability to package complex processes into simple, intuitive interfaces. This creates user experiences that feel natural and straightforward right out of the box. While this approach is more challenging for developers, the results are far more rewarding for users. Just the other day, our team discussed how our user stories are becoming increasingly complex—even though the results might not be immediately visible. "Complex inside, simple outside" is the mantra we keep in mind for everything we build at CaseResearch.AI. #LegalTech #AIInnovation #SimplifyingComplexity #UserExperience #LegalAI #TechForGood #InnovationInLaw #CaseResearchAI

It's amazing that Bench "claimed more than 12,000 customers by the time it shut down," but it couldn't stay in business. Automation in accounting is not easy: "It turns out that it’s simpler to automate accounting tasks, like categorizing expenses, in theory than in practice, former staff told TechCrunch. One former employee claimed the only way Bench could scale was AI, but its execution was flawed and the tools it built didn’t work properly. Overreliance on these tools, sometimes at the expense of human bookkeepers, caused delays, with books passed around different teams instead of staying with one staffer." And, it seems like it was a horrible experience for customers to have their books passed around different teams. This resulted in delays and "some customers were still waiting for their 2023 books in September 2024, well past key tax deadlines." https://lnkd.in/gtr9EeEx

Behind every successful tech company is a rock-solid accounting strategy. 💻📊 In this video, I explore key strategies for accounting success in the tech world, from navigating complex revenue recognition to staying ahead with compliance and scalability. Accounting isn’t just about balancing the books—it’s about empowering innovation, driving growth, and making informed decisions. Ready to level up your financial game? 🚀 Let me know your go-to accounting strategy for success! Plus, don’t miss your chance to join our beta program and shape the future of tax prep with AI! Head over to https://lnkd.in/dmRr8S2M #TechAccounting #AccountingStrategies #BusinessGrowth #InnovationThroughFinance

#Hospitality #owners basically have two choices when it comes to #accounting: 1️⃣ Stick with traditional accounting: Do much of the #admin. Chase #invoices. Sacrifice the #weekend and #Monday mornings. Manage #VAT. Muddle through #obsolete #reports. Pay for MORE accounting #software... 2️⃣ Switch to Outmin Like CEO Ross Hunt responded 👇 "Since 2021, Outmin has been automating double-entry accounting with AI and 0 offshored bookkeeping labour - to enable we take a differentiated approach vs incumbents on data ingestion and structure." Outmin: Automating Accounting Since 2021 😎 See Outmin in action: https://hubs.la/Q02vyZ6C0 #automatedaccounting #accountingtech #TheOGofAI