Kyle Geers, CEO and Co-founder of Zeroed In Consulting, joins Adam and Tom to discuss the role of AI in accounting. They delve into how AI can streamline processes, provide valuable insights, and improve efficiency in the accounting industry. Kyle shares his experiences of incorporating AI into his consulting firm's services and the potential benefits and risks involved. The conversation also touches on the importance of human review in AI processes and the importance for accountants to understand AI.
“I don't necessarily think that AI is going to replace accountants, but the accountants who use AI are going to really succeed.” – Kyle Geers
The finer details of this episode:
Time-saving opportunities for AI in accounting, particularly in data entry and bookkeeping
Technical work and incorporation of AI in complex areas
Importance of maintaining a review process when using AI, especially for accuracy and confidentiality
Episode resources:
Summit Virtual CFO by Anders website: https://www.summitcpa.net/
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