Meet My New Employee, AI

Meet My New Employee, AI

Recently, I reviewed an analytics module added to FloQast, a cloud-based closing system for accountants. While there are several analytics systems accounting firms can use to report on the health of the firm's business clients, FloQast is different. It is made for accountants by accountants to answer the question: HOW IS OUR FIRM DOING? The module is simple, and if you use the workflow, you can get detailed real-time reports on WHO, WHAT, WHY, HOW each client'sā€™ close, whether it already closed or is in process.

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What was that deposit?

What was that deposit?

Insourcing your clients' bookkeeping and accounting has become rather commonplace. The first step was to take over the payroll, then AP and expenses. Those two areas have become rather easy to manage and run virtually thanks to a variety of accounting apps, but there are still two issues that slow down the accounting and bookkeeping work and eat into the profit of flat-rate billing: handwritten checks and mobile and counter deposits. 

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