How to improve efficiency with an AI-enabled tax workflow
Tax and accounting firms have experienced fee pressures and capacity challenges in recent years. As tax compliance has become more complex and busy season has become more challenging, firms need to focus on speed without losing sight of accuracy.
With artificial intelligence technologies like computer vision and machine learning, the digital tax workflow reduces data entry and other inefficient manual processes. AI-enabled tax features include automated data ingestion, smart scanning, advanced categorization, grouping patterns and predictive suggestions. When the tax team achieves peak productivity, plenty of time and focus remain for review and advisory work.
Our new ebook, “How Tax and Accounting Firms Supercharge Efficiency with a Digital Workflow,” examines three top challenges preventing firms from reaching desired staff efficiency and realization:
- Disorganized data collection
- Too much low‑value data entry
- Lengthy paper‑based processes
Firm profitability depends on the ability to produce accurate tax returns quickly and efficiently. Efficiency can also improve client satisfaction, as your staff uses extra time to deliver value‑added tax advisory services.
An AI-enabled digital tax workflow empowers tax professionals to work faster and smarter, while technology performs many of the routine tasks. Download the ebook to learn how to wring more productivity out of every step of the tax preparation workflow, from speeding client data collection to automating data ingestion for less data entry and empowering reviewers with efficient tools.
