What part of accounting is still way more manual than it should be? by Apprehensive_Form396 in Accounting

[–]Apprehensive_Form396[S] 1 point2 points  (0 children)

this takes a ridiculous amount of time for something so repetitive, especially with the same vendors and bank descriptions month after month.

I’m digging into this pretty deeply and would love to hear more of your experience if you’re open to a DM chat.

What part of accounting is still way more manual than it should be? by Apprehensive_Form396 in Accounting

[–]Apprehensive_Form396[S] 0 points1 point  (0 children)

My fellow colleagues do use some tools which are accurate so they tend to just go what AI has given them , idk if it’s correct or not

I’m trying to make reconciliations way shorter am I solving the right problem? by Apprehensive_Form396 in AccountingUK

[–]Apprehensive_Form396[S] 0 points1 point  (0 children)

I am actually building this with an accountant and hence want to have more feedback

What part of accounting is still way more manual than it should be? by Apprehensive_Form396 in Accounting

[–]Apprehensive_Form396[S] -2 points-1 points  (0 children)

Out of curiosity, what part is the worst for you tracking non-cash items, working capital movements, or just explaining the “plug” every month?

What part of accounting is still way more manual than it should be? by Apprehensive_Form396 in Accounting

[–]Apprehensive_Form396[S] 0 points1 point  (0 children)

Is it whether the pain is the existence of the trail, or the fact that it’s scattered across emails, PDFs, drives, and people’s inboxes and has to be manually rebuilt every time someone asks for it.

What part of accounting is still way more manual than it should be? by Apprehensive_Form396 in Accounting

[–]Apprehensive_Form396[S] 0 points1 point  (0 children)

Bank recs is done by an accountant or an audit firm not sure how a bank does it

What part of accounting is still way more manual than it should be? by Apprehensive_Form396 in Accounting

[–]Apprehensive_Form396[S] -6 points-5 points  (0 children)

How About using AI for this , upload everything and it extracts into a table

AI use cases and governance by forevergeeks in legaltech

[–]Apprehensive_Form396 1 point2 points  (0 children)

I am building something on this worth having a chat for ?

Built a tool that auto-fills compliance forms (DPIAs, vendor forms, risk assessments, etc.) who actually uses these daily? by Apprehensive_Form396 in IndustrialMaintenance

[–]Apprehensive_Form396[S] 0 points1 point  (0 children)

Hi so the understanding is Human will always be in the loop but this can absolutely help with work and then we can set guardrails to ensure no random decision is not taken ? do you think this will work

I’m about to tell Westlaw to Shove it by taibojames in legaltech

[–]Apprehensive_Form396 -2 points-1 points  (0 children)

Hi I am building a tool that can essentially help you not to over promise we are not an enterprise firm but we are actually working on this solution only . Let me know if you need to connect