Sentient

accounting technology

accounting technology

How Can Accounting Technology Benefit CPA Firms in the Post-pandemic Environment?

When the COVID-19 pandemic shut down operations around the globe, it showed how significant the role of accountants is to sustain businesses. CPAs experienced a paradigm shift in this period – from merely preparing taxes and financial statements to delivering advisory. By providing meaningful and valuable advisory and consulting, they helped communities, particularly small businesses, …

How Can Accounting Technology Benefit CPA Firms in the Post-pandemic Environment? Read More »

Accounting Automation

5 Key Use Cases in Accounting Automation

Latest technologies, such as Artificial Intelligence (AI), Machine Learning (ML), Cloud Computing, and Robotic Process Automation (RPA), which form the core of Accounting Automation, are increasingly cutting turnaround time and improving the safety and accuracy of accounting processes. Understandably, their growing impact and importance require careful understanding to ensure a seamless implementation.  That is why …

5 Key Use Cases in Accounting Automation Read More »

technology for accountants

How Technology can help CPA Firms Uncover New Opportunities?

Emerging technology allows CPA firms to redesign their workflow and improve business opportunities like never before. Particularly, technology for accountants enables a novel analysis of structured and unstructured data in ways not possible before.  For example, information from non-traditional sources (such as social media, TV, and the internet) can be evaluated and processed with pertinent …

How Technology can help CPA Firms Uncover New Opportunities? Read More »

accounting firm

Top 5 Challenges that CPA Firms Face Today and how can they be Overcome?

Whether it is the ever-evolving nature of government regulations and tax laws, or the struggle to remain cost-effective, accounting firms today don’t have it easy. According to the 2019 PCPS CPA Firm Top Issues Survey, finding qualified staff and keeping up with changes to tax law are among the CPA firms’ top concerns.  With the …

Top 5 Challenges that CPA Firms Face Today and how can they be Overcome? Read More »

accounting and taxation

The Impact of Technology on Accounting and Taxation

CPA firms have always been structured for reliability and efficiency, independent of the amount of revenue generated. However, today, with fierce competition, rising expectations, and an increasingly digital landscape, it is imperative that CPA firms adopt an evolved approach to survive and thrive.  For instance, accelerating time to business value is what will set a …

The Impact of Technology on Accounting and Taxation Read More »