Artificial intelligence industry press

A poll at the recent AI in Business Valuation virtual conference revealed 87% of business valuation professionals have explored the use of AI in their practices, with many believing it will significantly impact how they work in the longer term. The article includes an overview of AI and provides examples of how the technology is being used by valuation professionals. Assessing the impact of AI on a subject company being valued is also discussed together with the use of AI in marketing a practice.

Today, businesses face the challenge of adapting their intellectual property (IP) strategies in response to rapid advancements in artificial intelligence (AI). This article explores several aspects of this challenge, and puts forward a number of suggestions as to how it might be successfully navigated.

As artificial intelligence (AI) is adopted within organisations, there is a need for employee training in how to use AI tools most effectively. This article underscores the importance of upskilling workers for the AI revolution, and highlights practical strategies for building AI expertise.

The article focuses on the transformative potential of generative artificial intelligence (AI), particularly ChatGPT, in the accounting profession. Topics include its impact on accountants through automation and efficiency, the common use cases in accounting workflows, and the risks associated with misinformation, bias, privacy, and plagiarism.

Article discusses Accounting firms utilising artificial intelligence (AI) to streamline their operations and enhance client communication. AI tools are being used to analyse complex documents, automate repetitive tasks, and generate content such as tax position documents. While some accounting leaders have embraced AI for its time-saving benefits, others have concerns about accuracy, data security, and client trust. Accounting firms are implementing AI for various tasks, but human review remains crucial for accuracy and protecting client data. It is important for accounting professionals to na...

Article discusses how accounting firms are utilising artificial intelligence (AI) to streamline their operations and enhance client communication. AI tools are being used to analyse complex documents, automate repetitive tasks, and generate content such as tax position documents. While some accounting leaders have embraced AI for its time-saving benefits, others have concerns about accuracy, data security, and client trust. Accounting firms are implementing AI for various tasks, but human review remains crucial for accuracy and protecting client data. It is important for accounting professiona...

This article discusses the importance of data management for accountancy firms, focusing on the trends of privacy, security, and artificial intelligence (AI). It highlights the challenges posed by cyberthreats and regulatory requirements, emphasizing the need to prioritize privacy and security measures. The article suggests strategies such as data encryption, cybersecurity measures, and staff training to enhance data management. It also recommends leveraging AI tools for automation, predictive analytics, and data visualization.

Article looks at how accounting firms are increasingly using automation to improve their workflows and meet client expectations. Automation offers benefits such as increased accuracy, reduced risk of errors, and improved efficiency. Automation tools, including AI, are evolving to provide more efficient and accurate solutions for accounting firms. The article highlights specific automation tools that firms are using to streamline processes and save time, emphasising the importance of finding the right solutions for each firm's needs. The article concludes by stating that automation should empow...

The article informs about the transformative potential of generative AI technology in supply chain work, which has the capability to automate or enhance 58% of supply chain processes according to recent research. Topics covered include how generative AI will impact various aspects of the supply chain, including designing and engineering, planning, sourcing and procurement, production, and fulfillment, by streamlining processes, improving decision-making, and increasing productivity.

In today's hyper-competitive retail landscape, retailers are increasingly using AI to gain advantage. AI can enhance retail operations in a growing number of ways including boosting customer engagement, improving sales and marketing strategies, optimising inventory management, streamlining supply chains and providing advanced data analytics and insights. A range of AI tools and technologies for retailers are explored with examples of how leading brands are using AI.