Overall I have been scarily impressed. And I mean Scarily!
You may have seen my post previously about engaging the fully AI run accounting firm Accrual Intentions (A.I.) Accountants to complete the first set of accounts for Digital Transformers Group.
Overall I have been scarily impressed. And I mean Scarily!
Has it done everything perfectly?
Short answer No!
But it has completed them to a higher quality than training accountants and some qualified staff (based on my experience in practice).
The most impressive part so far has been the speed and detail in which it has completed the work. I have received a fully completed set of accounts and corporation tax, 24 days after year end. Of which, 22 of those days were due to delays from me.
Alexis Kingsbury and I will come back with a full review and analysis of the process, but overall I am impressed and terrified at how accurate this process has been and how good the experience has been from a customer perspective.
The accounting profession will change.
Fast.
P.S. Luckily the worst part of the experience was its review and recommendations of our internal systems, so that at least gives me some comfort for my job.