AI tools streamlining accounting workflows and opening capacity for innovation, expert says

The emergence of artificial intelligence (AI) technologies is changing workflows for accounting teams by helping them automate otherwise tedious and time-consuming tasks.

Aaron Jacob, head of accounting solutions at TaxBit, told FOX Business in an interview that AI is a “very exciting” tool for accounting teams because it’s streamlining workflows to open up more time for more strategic financial analysis. TaxBit offers accounting and tax compliance services to a variety of companies ranging from web3 builders, including those in the decentralized finance space, to Fortune 500 companies such as PayPal, Google and