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By 2020, AI was projected to eliminate or automate up to 40% of basic accounting work. For smallbusinesses, this upheaval signifies potential savings on operational costs and increased accuracy, resulting from minimized errors in financial reporting.
In starting an accounting firm, the combination of accounting and bookkeeping services, processes, and technology required to deliver an ideal outcome to the market you are targeting in a repeatable, systematic way would be a simple way to think about what a productized service offer is. QuickBooks Online. It’s pretty cool.
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