Febi.aiBlogs
AI in Finance and Accounting
The alliance between artificial intelligence (AI) and the financial world paints a vivid picture of the evolving business landscape. Predictions suggest that AI in the Accounting industry will grow 30% year on year from 2023 to 2027. If we focus on the current year,...
Choosing an AI Accounting Software for Your Business: Ultimate Guide in 2024
Businesses often personify the proverbial Jack of all trades when they try to manage all their accounting, invoicing and taxation operations in-house. But why not concentrate on core business processes and avoid being the master of none? If not in-house, businesses...
AI Reshaping Finance and Accounting
The way artificial intelligence (AI) integrates within the financial realm goes beyond being a transient trend—it signifies a transformative journey, addressing the distinct challenges and seizing the opportunities inherent in the ecosystem. Forecasts indicate a...
Top 10 Advantages of Implementing Accounting Automation for Your Business
Over the past year, 57% of businesses have actively pursued cost-cutting measures, finding and slashing inefficiencies across procedures, risk management, and time utilisation. If you, too, are a part of this drive to optimise expenses yet haven’t explored accounting...
Accounting Trends to Watch for 2024 and Beyond
As we settle into the final quarter of 2024, we have seen how the financial world is experiencing shifts, compelling businesses and professionals to adapt to change—to a significant extent. Reflecting on the diverse economic paths of the past, it's crucial to decipher...