Tag: Accounting

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ChatGPT and Generative AI: Friend or Foe for Tax Professionals

Is generative AI the future of accounting? Learn about the advantages and limitations of ChatGPT in tax practices, and why human supervision is crucial.

Improving the Use of Financial Data through AI and Machine Learning

Unlock the potential of your data with AI and ML. Find out how these technologies are transforming financial risk management, customer service, and decision-making for SMEs.

Fintech Trezy secures $3.3M funding with AI-powered cash flow management pitch deck

Trezy secures $3.3m in seed funding for its AI-powered fintech platform. SME owners can manage cash flow and financial projections in real-time. CEO Quentin Lacointa aims to solve the opaque world of accounting.

AI Revolution: ChatGPT’s Potential as Key Component in Enterprise Resource Planning System

Discover the benefits of integrating generative AI, like ChatGPT-4, with ERP systems. From natural language search functionalities to real-time analytics, AI tools can refine business operations like procurement, accounting, and more. Plus, ChatGPT-4 can even create effective training materials for employees. With this integration, companies can leverage ERP modules to align with daily business activities and functions, optimizing their results.

Curiosity and Caution: Small Businesses Explore ChatGPT

Smaller accounting firms are cautiously curious about the potential of ChatGPT, an accessible AI tool that can streamline accounting processes. Although some firms have used it as a junior writer for blog posts and to summarize accounting research, confidentiality risks are a concern. While the legalities of using ChatGPT remain uncertain, its potential benefits are being examined.

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