Discover how Wolters Kluwer is shaping the future of tax and accounting with AI. Our innovative approach, guided by trust, transparency, and responsibility, reflects our commitment to responsible AI. We are dedicated to helping professionals in tax and accounting harness artificial intelligence for transformative insights and efficiency gains, making a deep impact when it matters most. Learn more: https://ow.ly/juAS50Svi3m #AI #TaxAccounting #ArtificialIntelligence #Innovation #WoltersKluwer #ResponsibleAI #Trust #Transparency
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We use AI with purpose - when it is best suited to accelerate and optimize the capabilities of the tax and accounting professional and enhance their relationships with their clients. Our commitment is to developing human-centric solutions. Read more about our approach to #AI: https://bit.ly/3WrKLDR
Our Approach to Artificial Intelligence in Tax and Accounting
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In the tax and accounting industry, trust in Artificial Intelligence remains a concern. However, at Wolters Kluwer, our offerings stand firm on pillars of trust, transparency, and responsibility, echoing our core company values. We are committed to developing AI in an ethical and responsible manner in accordance with principles. Learn more about our approach to #AI here: https://bit.ly/3WrKLDR
Our Approach to Artificial Intelligence in Tax and Accounting
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The infiltration of #AI in the accounting realm is reshaping the field, driving efficiency and reliability. AI can learn several accounting aspects from accounts payable and receivable, tax computations, invoice processing, to financial reporting and more. Through machine learning, AI mines historical data for trends, patterns, and anomalies, offering predictive analysis and insights for future accounting scenarios. Additionally, AI's proficiency in grasping intricate accounting and tax regulations ensures compliance, reduces errors, and boosts productivity and accuracy. Incorporating AI in accounting not only minimizes manual labor but also accelerates processes, and delivers businesses instant, actionable financial insights. Check out this insightful article by Myles Corson that further delves into this topic: https://lnkd.in/gKDQe9ue #EY #FinanceTransformation #BetterWorkingWorld
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Discover the transformative power of artificial intelligence in the tax and accounting industry! 🚀 From simple calculations to sophisticated AI systems, embrace AI as a competitive advantage to streamline workflows, improve accuracy, and deliver faster results. Stay ahead in today's fast-paced world and redefine the way you serve your clients. #AI #TaxAndAccounting #EmbraceAI
The evolution of artificial intelligence
tax.thomsonreuters.com
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🔍 Dive into the world of Artificial Intelligence in the tax and accounting industry! And witness the transformative journey from early calculators to sophisticated AI systems. Explore the evolution of AI and enhance your firm's efficiency, accuracy, and client satisfaction. #AI #TaxTech #TechnologyEvolution
The evolution of artificial intelligence
tax.thomsonreuters.com
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The tax and accounting industry is undergoing a transformative shift with the evolution of artificial intelligence (AI). 🌐 From automating data entry to enhancing data analysis, AI is revolutionizing workflows and enabling tax and accounting professionals to deliver exceptional value to clients. Explore the evolution of AI in the tax and accounting profession. Embrace AI as a valuable tool and unlock new growth opportunities. #AI #taxandaccounting #digitaltransformation
The evolution of artificial intelligence
tax.thomsonreuters.com
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'Artificial intelligence (AI) has emerged as a transformative force across several industries, including financial/professional services, and the field of tax professionals is no exception. As AI technologies continue to advance, their integration into tax processes has the potential to revolutionize the role of tax professionals.' In his latest article for the Accountants Magazine Andreas Papagavriel (BSc, MSc, ACA, ADIT) explores "𝐓𝐡𝐞 𝐈𝐦𝐩𝐚𝐜𝐭 𝐎𝐟 𝐀𝐈 𝐎𝐧 𝐓𝐚𝐱 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥𝐬 – 𝐅𝐫𝐢𝐞𝐧𝐝 𝐎𝐫 𝐅𝐨𝐞?" Find the article: https://lnkd.in/gXVfXEja #BakerTillySouthEastEurope #greatconversations #taxcyprus #ai
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𝐔𝐧𝐥𝐞𝐚𝐬𝐡 𝐭𝐡𝐞 𝐩𝐨𝐰𝐞𝐫 𝐨𝐟 𝐀𝐈 𝐢𝐧 𝐲𝐨𝐮𝐫 𝐭𝐫𝐚𝐧𝐬𝐟𝐞𝐫 𝐩𝐫𝐢𝐜𝐢𝐧𝐠 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬. 𝐒𝐚𝐯𝐞 𝐮𝐩 𝐭𝐨 𝟖𝟎% 𝐨𝐟 𝐩𝐫𝐞𝐩𝐚𝐫𝐚𝐭𝐢𝐨𝐧 𝐭𝐢𝐦𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐀𝐈 𝐑𝐞𝐯𝐢𝐞𝐰 𝐀𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐭 𝐢𝐧 𝐓𝐏𝐛𝐞𝐧𝐜𝐡𝐦𝐚𝐫𝐤! The AI Review Assistant can swiftly process large volumes of data, enabling you to analyze more transactions in less time. It provides you with intelligent insights and recommendations, empowering you to make informed decisions and optimize your transfer pricing arrangements. ✔️Streamline your compliance and adhere to the latest regulatory requirements. Stay compliant and minimize the risk of challenges from tax authorities. ✔️By automating the review process, the AI Review Assistant frees up your valuable time and resources. Focus on more strategic aspects of transfer pricing while the assistant handles the data-heavy tasks. Experience the fusion of precision and insight in transfer pricing benchmarks. Try TPbenchmark now for 30 days: > https://hubs.ly/Q02dm_Mn0 #TaxModel #TransferPricing #tpbenchmark #taxation #Internationaltaxation #internationaltax #transferpricingstrategy #taxcompliance #AI
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Revolutionize your industry insights with our latest post on how generative AI is transforming Danish service sectors like law and accountancy for unparalleled speed and efficiency. #accounting #news #finance https://lnkd.in/ekE7wap3
Revolutionize your industry insights with our latest post on how generative AI is transforming Danish service sectors like law and accountancy for unparalleled speed and efficiency.
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One of the most exciting and promising developments in the tax and accounting industry is the emergence and adoption of artificial intelligence (AI). AI is transforming the way tax professionals work and interact with their clients, offering new opportunities for efficiency, accuracy, and value-added services. But how can tax professionals leverage AI to optimize workflows, enhance client relationships, and stay ahead of the curve? In this white paper, you will learn: What AI is, how it works, and the difference between generative AI and machine learning How AI is being used in the tax and accounting industry and the benefits it can bring to your practice How to get started with AI in tax and the best practices and implementation strategies to follow How to build trust in AI and the importance of transparency and accountability How Thomson Reuters can help you harness the power of AI with its innovative tax and accounting solutions As artificial intelligence revolutionizes the tax and accounting industries, professionals can improve workflows, enhance the client experience, and stay ahead of their competition. Download our white paper to learn more about leveraging AI to unlock the full potential of your practice. #thomsonreuters #ai #tax
Artificial Intelligence and Tax: What Firms Needs to Know
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