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Which AI tool is good for accounting?

AI Business Process Automation > AI Financial & Accounting Automation4 min read

Which AI tool is good for accounting?

Key Facts

  • The AI in accounting market is projected to grow from $4.73B in 2024 to $26.66B by 2029.
  • 71% of accounting professionals expect substantial AI-driven transformation in the industry.
  • 82% of accountants are intrigued or excited by AI, but only 25% of firms invest in AI training.
  • 59% of AI use in accounting is for communication tasks like email composition.
  • 59% of professionals believe bookkeeping is the most disrupted function by AI.
  • 66% of accounting firms agree that AI provides a competitive advantage.
  • 76% of accounting professionals cite data security as a top concern with AI adoption.
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For professional services firms drowning in manual data entry, disjointed tools, and compliance pressures, generic AI or no-code solutions simply don’t cut it. As we’ve explored, off-the-shelf automation tools lack the integration depth, security, and scalability needed for complex financial operations governed by SOX and data privacy standards. The real breakthrough lies in custom AI solutions—like those AIQ Labs builds using our in-house platforms, Agentive AIQ and Briefsy—that automate high-impact workflows such as intelligent invoice processing, automated accounts payable, and AI-driven financial forecasting. These aren’t theoretical concepts: tailored systems have delivered measurable outcomes, including 20–40 hours saved weekly and a 30–60 day ROI for firms with similar operational challenges. By embedding AI directly into existing accounting software with full ownership and compliance control, AIQ Labs delivers production-ready automation that scales with your business. If you're ready to move beyond patchwork tools and unlock lasting efficiency, the next step is clear: schedule a free AI audit with AIQ Labs to identify your specific accounting bottlenecks and explore a custom-built solution designed for real impact.

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