AI for Accounting
AI transformation for accounting
Automate data entry, streamline reconciliation, and deliver advisory services instead of compliance drudgery.
Common challenges
Challenges accounting teams face
These problems cost time, money, and competitive advantage. AI can fix them.
Manual data entry
Hours spent entering invoices, receipts, and bank transactions. Tedious work that creates errors.
Slow bank reconciliation
Monthly reconciliation takes days. Matching transactions, chasing variances, fixing errors.
Tax season crunch
Every year the same scramble. Document collection, data gathering, deadline pressure.
No time for advisory
Compliance work consumes all bandwidth. Clients want strategic advice but accountants are buried in entries.
How we solve it
How AI solves accounting problems
Endless data entry
AI that extracts data from invoices, receipts, and statements. Auto-categorizes transactions. Human review only for exceptions.
90% less manual entry. Accountants review and approve, not type.
Painful reconciliation
Automated matching of bank transactions to GL entries. AI suggests matches, flags anomalies.
Month-end close in days, not weeks. Variances caught immediately.
Advisory bottleneck
Automated compliance workflows free accountants for strategic work. AI generates initial analysis for review.
Accountants become advisors. Client relationships deepen. Firm grows without adding headcount.
Recommended tools
Top AI tools for accounting
These tools integrate with Shyft infrastructure for accounting workflows.
FAQ
Common questions about AI in accounting
Ready to automate your accounting business?
Start with a free scan to see what you can automate. Or get a personalized Scout report with your 90-day roadmap.