Picture it:
It’s busy season, and your accounting firm is racing against the ticking clock to meet the tax return filing deadline. Your staff works upwards of 80 hours per week; you’re drowning in paperwork and trying to keep your clients happy. Time—your most precious commodity during busy season—is quickly slipping through your fingers…and your team is stretched way too thin.
Sound familiar? You’re not alone. In these moments, you may wish you had a magic wand that could simplify your workload and boost efficiency. Outside the standard ways to make tax season suck less, there is something that can help your firm during busy season.
It’s leveraging artificial intelligence (AI). I know you may be thinking, “Well, duh, Emily. We know about AI already. This isn’t brand new information,” and I agree. AI isn’t new. And we’ve been talking about it at Rightworks Academy for some time now. But I’m here to tell you that it could revolutionize the future of accounting, especially during busy season. Imagine if you could…
Transform your workflow with AI
As accountants, you constantly find yourselves bogged down by repetitive tasks and data entry. Leveraging AI to streamline and supercharge your workflows will free up your staff’s time and allow them to focus more on what matters: Providing expert advice and insights to your clients.
Get your questions answered quickly
Busy season is busy for everyone—firm partners included. What if you had a complex accounting or tax preparation question you needed an answer to, like yesterday? Instead of reaching out to one of the partners or another team member, you could leverage AI, like Rightworks Academy’s AI tool, AskGPT, to get accurate answers specific to the accounting profession. Say goodbye to time-consuming bottlenecks and hello to quick and reliable answers.
Experience effortless collaboration
In a time when many firms have remote workers, being able to communicate is imperative. And being able to collaborate in real time is a must-have. Of course, you already know this. But did you know leveraging AI could help your firm’s collaboration efforts and share firm-specific knowledge?
Capture and store important information
What if I told you that you could capture the conversations you have with AskGPT? Add your own content for your team members to access and interact with? Or track the details of client meetings and keep your clients on track with their goals? Leveraging AI can help with all of that.
Perform advanced analysis
Gone are the days of trying to make sense of data from multiple places. Leveraging AI opens up the potential for advanced analysis that goes beyond human capabilities. AI tools can identify patterns, spot trends, uncover hidden opportunities and help guide your firm’s decision-making. And this can help your firm efficiently drive growth and profitability—even during busy season.
Ready to leverage AI?
Guess what? Leveraging AI can help fuel your firm’s efficiency during busy season, giving your team precious time back into their days.
Are you a Rightworks Academy member who’s ready to embark on this journey into the world of AI in accounting? Then register for our Inspire conference, which takes place November 28-30, 2023, in Sarasota, Florida.
Join our in-house AI experts, TJ Lewis and Aaron Van Ruler, as they lead a session on the five ways AI can fuel efficiency in your firm. They’ll provide actionable ways to use AskGPT to make this upcoming tax season your best one yet.