Machine Learning
Accounting machine learning: 7 steps to understanding & managing AI
Learn how to boost your firm with accounting intelligence. Save time, reduce errors and improve client satisfaction with Silverfin.
Introducing AI that you can trust from Silverfin
If the hype around AI is to be believed, accounting firms will be able to get more work done better, faster and more profitably.
But is that the case? Our experience says yes!
We’ve threaded AI and Machine Learning seamlessly into our platform and today hundreds of accountants rely on tools like Silverfin Assistant to make their day-to-day jobs easier.
One user recently told us: “It’s like an extra pair of eyes checking my client files”.
Download your Whitepaper
Read a selection of our recent AI articles
Security
How to create an AI policy for your accounting firm
In this exclusive AccountancyAge article, Silverfin’s CEO Lisa Miles-Heal delves into why AI guardrails are necessary for accounting firms to maximise the benefits the technology can deliver.
Blog
Technology Used in Accounting Firms: 5 Ways AI is Transforming the Industry
Accounting firms are under pressure to manage vast amounts of data while maintaining accuracy and meeting tight deadlines. These challenges can lead to costly errors and inefficiencies that impact financial reporting and
AI
The Future of Accountants: How AI is Reshaping Your Role
In the future of AI-driven accounting, repetitive tasks like data entry become automated, propelling accountants into strategic advisor roles, showcasing technology’s role in the future of accounting. Beyond number crunching, accountants will
Blog
AI for accounting firms – insights from Silverfin & Gravita
Silverfin recently hosted a webinar to discuss the AI topics covered in our whitepaper, Beyond The Hype: The Real Benefits of AI for Your Accounting Firm with two experts well-versed in accounting
UK
What are the smart steps to moving your AI ambitions forward? 7 steps to understanding and managing AI in your accountancy firm
Embarking on technical transformation doesn’t happen overnight. It takes commitment, strategic planning and a clear path. Discover how to move forward with your accountancy firm in today’s world of digitisation, automation and
“AI should replace processes, not people.
If you automate the processes that you spend ages doing manually, you’ll free up time to have more interactions with your clients and take up more of an advisory role.”
Russell Frayne
Director of Transformation, Gravita
AI opportunities for accounting firms
Find out how your firm can benefit from AI by downloading this free whitepaper. Integrated into Silverfin, AI improves accuracy, creates capacity and finds advisory opportunities.
Beyond the hype: the real benefits of AI for your accountancy firm
Silverfin recently hosted a webinar to discuss the AI topics covered in our whitepaper, Beyond The Hype: The Real Benefits of AI for Your Accounting Firm with two experts well-versed in accounting technology; Phil Hobden, UK Product lead at Silverfin and Russell Frayne, Director of Transformation at Gravita.
Frequently Asked Questions
How does Silverfin use AI to improve post accounting work?
With up-to-date client information instantly available, enhanced with AI analysis and suggestions, your firm will save time and see significant improvements in data and reporting accuracy. Plus, it’s easier to spot opportunities in the data and offer proactive advice to your clients.
What is Silverfin Assistant, and how does it use AI to improve accounting practices?
Already used by over 100 leading firms, Silverfin Assistant is a powerful AI accounting tool. By continuously analysing client files it will find unusual balances, missing transactions and outliers. Flagging these and suggesting fixes, saves hours of manual checking, improves accuracy and improves client service.
Can the Silverfin Assistant help in training and upskilling accounting teams?
Silverfin Assistant makes suggestions that can support the onboarding or up-skilling of new or junior team members. Clear and detailed explanations of the checks applied to the files provide the perfect way to bridge knowledge gaps and boost confidence, while reducing the reliance on senior staff.
How does Silverfin integrate with other applications?
We have developed Silverfin to optimise the benefits accountancy firms can secure from modern cloud technologies. So, our scalable API-driven platform is easy to connect to other software in your existing technology stack and able to quickly flex as your firm’s needs grow and develop.
Read more about our implementations here and how the cloud helps ambitious accountancy firms scale in this recent article.