Accounting is changing. While the manual recording of receipts used to dominate day-to-day work, digital systems are increasingly taking over these tasks today. The next step in this development is called Artificial intelligence (AI).
AI-supported applications automate routine processes, increase data quality and create scope for strategic advice. For clients, this means more efficiency, faster results and a better basis for business decisions.
AI as a component of modern accounting processes
AI is no longer a vision of the future. Many AI-supported applications are already an integral part of modern systems, for example in DATEV, Finmatics or Candis.
These solutions can:
- Automatically recognise and separate receipts,
- read out relevant data and assign it to the appropriate posting accounts,
- Automatically reconcile payments and open items,
- and thus significantly reduce manual effort.
In future, companies will benefit from current figures in real timeThis is particularly advantageous for liquidity planning and short-term decisions.
Requirements for the use of AI in accounting
In order for AI-supported systems to work efficiently, certain foundations must be laid:
- Digital document management: All documents should be available electronically - paper folders are a thing of the past.
- Integration into cloud or ERP systems: Solutions like DATEV Unternehmen online, Microsoft Dynamics or SAP enable smooth interface communication.
- Clean database: Only complete and correct data guarantees precise results.
Taxgate supports clients with the Introduction of digital processesfrom the selection of suitable tools to implementation and ongoing support.
Added value for clients
The combination of technical automation and tax expertise offers clear advantages:
- Faster closures and shorter response times,
- Greater transparency on key business figures,
- Error reduction through automated data processing,
- More time for consulting and business planning.
This turns traditional accounting into a corporate management tool - precise, up-to-date and strategic.
Conclusion
Artificial intelligence is not a replacement for the tax consultant, but a Tool for quality assurance and increased efficiency.
As a law firm, we at Taxgate rely on the targeted use of modern technologies to provide our clients not only with correct figures, but also with Valuable basis for decision-making to deliver.
If you would like to check how your accounting can be digitally and AI-supported, please contact us. Together we will develop a customised solution for your company.
Please do not hesitate to contact us if you have any questions.
Artificial intelligence in accounting - efficiency, precision and new opportunities for companies
Accounting is changing. While the manual recording of receipts used to dominate day-to-day work, digital systems are increasingly taking over these tasks today. The next step in this development is called Artificial intelligence (AI).
AI-supported applications automate routine processes, increase data quality and create scope for strategic advice. For clients, this means more efficiency, faster results and a better basis for business decisions.
AI as a component of modern accounting processes
AI is no longer a vision of the future. Many AI-supported applications are already an integral part of modern systems, for example in DATEV, Finmatics or Candis.
These solutions can:
- Automatically recognise and separate receipts,
- read out relevant data and assign it to the appropriate posting accounts,
- Automatically reconcile payments and open items,
- and thus significantly reduce manual effort.
In future, companies will benefit from current figures in real timeThis is particularly advantageous for liquidity planning and short-term decisions.
Requirements for the use of AI in accounting
In order for AI-supported systems to work efficiently, certain foundations must be laid:
- Digital document management: All documents should be available electronically - paper folders are a thing of the past.
- Integration into cloud or ERP systems: Solutions like DATEV Unternehmen online, Microsoft Dynamics or SAP enable smooth interface communication.
- Clean database: Only complete and correct data guarantees precise results.
Taxgate supports clients with the Introduction of digital processesfrom the selection of suitable tools to implementation and ongoing support.
Added value for clients
The combination of technical automation and tax expertise offers clear advantages:
- Faster closures and shorter response times,
- Greater transparency on key business figures,
- Error reduction through automated data processing,
- More time for consulting and business planning.
This turns traditional accounting into a corporate management tool - precise, up-to-date and strategic.
Conclusion
Artificial intelligence is not a replacement for the tax consultant, but a Tool for quality assurance and increased efficiency.
As a law firm, we at Taxgate rely on the targeted use of modern technologies to provide our clients not only with correct figures, but also with Valuable basis for decision-making to deliver.
If you would like to check how your accounting can be digitally and AI-supported, please contact us. Together we will develop a customised solution for your company.
Please do not hesitate to contact us if you have any questions.
