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AI in Accounting: Redefining the Profession With AI and Real-Time Accounting

AI IN ACCOUNTING: REDEFINING THE PROFESSION WITH AI AND REAL-TIME ACCOUNTING

Cost Free
Presentation Length 1.0 hour

Recorded DateDecember 13, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Course LevelBasic
Course Description

In this webinar, we'll cover Artificial Intelligence (AI) in accounting, highlighting the differences between Traditional AI and Generative AI and their respective applications in solving accounting challenges. Attendees will also learn about Real-Time accounting, focusing on real-time revenue reconciliation and integrations with third-party vendors, and how it's set to revolutionize the industry.

We will explore specific accounting use cases for both Generative AI and Traditional AI. Additionally, we'll discuss the evolving accounting profession, addressing employment bottlenecks, and the growing demand for accountants with AI expertise. By the end, attendees will be well-prepared to leverage AI to enhance efficiency and innovation in accounting.

Learning Objectives:


  • Summarize AI and define the difference between Traditional /Revision AI and Generative AI 

  • List specific Accounting use cases that are best solved using AI 

  • Outline Real-Time accounting (real-time revenue reconciliation and importance of integrations with 3rd party vendors), what it is, and how it will change the industry 

  • Define the difference between Precision AI and Generative AI 

  • State accounting use cases that are best solved with Generative AI and Traditional AI

  • Determine employment bottlenecks and the increasing need for accountants

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Sidharth Saxena

Docyt
CEO and Co-founder
sid@docyt.com
(812) 340-4725

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Sidharth Saxena is CEO and Co-founder of Docyt, an AI-powered accounting automation software platform for business owners, accountants, and CFOs. Sid’s extensive background includes being a Designer and Architect at Silicon Valley companies including VMWare, Oracle, and Whirlpool.

About Our Sponsor

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TriNet provides small and midsize businesses with an HR solution so they can free themselves from the complexities of HR and focus on their goals. As their trusted HR business partner, TriNet assumes many of the responsibilities of being an employer and helps these companies contain HR costs, minimize employer-related risk, and relieve the administrative burden of HR. TriNet offers bundled HR products, along with additional cloud products and strategic services, resulting in a comprehensive and empowering solution.