Continuous close could transform accountants into everyday advisors
SiliconANGLE: Continuous close could make accountants everyday business advisors
Continuous close, in which a company’s books are closed every day instead of weeks after month-end, could change how accounting firms serve clients. As artificial intelligence shrinks the lag between a transaction and the advice built on it, year-end cleanup can become a running conversation. Software makers are retooling their products around the firms that […] The post Continuous close could make accountants everyday business advisors appeared first on SiliconANGLE.
Get smart on it
Continuous close is a practice where a company's financial books are closed every day instead of weeks after month-end, enabled by artificial intelligence that reduces the time between a transaction and advice built on it. This shift matters because it could transform accountants from reactive year-end advisors into everyday business consultants who provide continuous guidance rather than waiting months to make financial adjustments. Software makers are retooling their products around accounting firms rather than just businesses themselves, with trust in the accuracy of AI-generated numbers as a central concern since AI tools can sometimes produce completely incorrect results. The change allows accountants to focus on using their judgment and experience to contextualize what software cannot, rather than spending time on efficiency tasks.
Relevant courses
Want to go deeper than the news? Explore live, cohort-based AI courses taught by practitioners.
Browse AI courses on MavenRelated news
Microsoft’s AI future has fewer jobs
To anyone listening closely to what Microsoft CEO Satya Nadella has been saying over the past couple of years, this week felt like the clearest sign yet that AI is about to fundamentally change the size of Microsoft's workforce. Microsoft is now offering voluntary buyouts to around 60,000 employees across the US, UK, Canada, and India. It's the first time the company has presented such an offer to so many employees, expanding greatly upon the retirement offer that was limited t
Chrome’s AI-powered Autofill can now dig through your Gmail to fill out forms
The autofill update lets Chrome pull flight confirmations, tracking info, order details, and other information from your inbox, with your permission.
Also reported by The Verge
Google opens Android development to third-party AI agents and unveils new Gemini APIs
Google is opening up Android Studio to third-party AI agents. Through a new "Bring Your Own Agent" feature, the IDE now supports more than 40 coding agents, including Anthropic's Claude Agent and OpenAI's Codex. Google says new terminal tools also help agents finish UI tasks 77 percent faster while using up to three times fewer tokens. Android development is becoming agent-centric too. The article Google opens Android development to third-party AI agents and unveils new Gemini APIs appe
OpenAI and ServiceNow expand partnership across enterprise workflows
OpenAI and ServiceNow expand their partnership to bring OpenAI models and agents into ServiceNow and ServiceNow workflows into ChatGPT and Codex.
Anthropic just launched tools to show companies what their AI spending is buying
The frontier lab is lifting the curtain on how users spend money on its models ahead of a planned IPO.
As AI agents reshape the web, Google opens Gemini and Search to more apps
A new developer platform will let businesses bring their services to Google's AI experiences, potentially changing how consumers discover and use apps.