How to Assess and Prepare Your Practice for AI and Automation

This presentation explores how accounting practices can assess and prepare for the adoption of AI and automation technology. It covers key steps for identifying opportunities, evaluating solutions, and implementing transformative technologies while addressing critical considerations like data security and governance. Attendees will gain actionable strategies to future-proof their practices and unlock the potential of AI-driven workflows.

Key Takeaways:

1. Understanding AI and Automation Opportunities: Learn how to identify areas within your practice that are ripe for AI and automation, focusing on repetitive tasks, data-driven processes, and decision-making inefficiencies.
2. Evaluating AI and Automation Tools Responsibly: mDiscover a framework for assessing solutions, considering scalability, system integration, ethical implications, and compliance with data privacy regulations.
3. Securing Data in AI-Driven Workflows: Gain insights into managing data security and governance when adopting AI and automation, including safeguarding sensitive information, ensuring transparency, and mitigating risks.
4. Implementing and Optimising AI Solutions: Explore strategies for rolling out AI and automation technologies effectively, from pilot projects to team training, while establishing feedback loops for continuous improvement.