Whether you’ve adopted artificial intelligence into your practice yet, or remain undecided, the field of AI continues to grow.
Because AI can be a useful solution for accounting firms struggling with increasing amounts of data, using AI can significantly reduce the amount of time spent on tedious tasks, allowing staff to focus on areas that require their expertise, such as tax planning and strategy.
If you’re curious about AI, check out these survey results from McKinsey & Company (https://tinyurl.com/mr22z38h), a worldwide management consulting firm that recently completed a global survey on the state of AI in 2021.
Released in December 2021, the survey explored adoption and impact, the differentiators of AI, and how to manage AI risks. Here are just a few of their findings.
Adoption
Adoption of AI technology continues to increase with more than 56% of respondents indicating that they have adopted at least one AI function in their business; a 6% rise from 2020. The survey also indicated the top use cases by function:
Continue reading: https://www.cpapracticeadvisor.com/firm-management/article/21260982/the-state-of-ai-in-professional-firms
Because AI can be a useful solution for accounting firms struggling with increasing amounts of data, using AI can significantly reduce the amount of time spent on tedious tasks, allowing staff to focus on areas that require their expertise, such as tax planning and strategy.
If you’re curious about AI, check out these survey results from McKinsey & Company (https://tinyurl.com/mr22z38h), a worldwide management consulting firm that recently completed a global survey on the state of AI in 2021.
Released in December 2021, the survey explored adoption and impact, the differentiators of AI, and how to manage AI risks. Here are just a few of their findings.
Adoption
Adoption of AI technology continues to increase with more than 56% of respondents indicating that they have adopted at least one AI function in their business; a 6% rise from 2020. The survey also indicated the top use cases by function:
Continue reading: https://www.cpapracticeadvisor.com/firm-management/article/21260982/the-state-of-ai-in-professional-firms
