This video is an interview with Isaac Perdomo, co-founder of al.co, an automation firm that helps tax, bookkeeping, and accounting practices automate their workflows. The interview discusses the importance of automation for accountants, the common challenges accountants face when it comes to automation, and how to overcome these challenges.
Important points:
- Automation can help accountants improve efficiency and reduce errors.
- Accountants should start by identifying the most frequent, lengthy, urgent, and error-prone tasks.
- Automation can help improve the client experience by automating menial tasks and freeing up time for more meaningful interactions.
- Common automation tools and technologies include Zapier, Make, and AI.
- AI can be used to automate tasks such as data entry, document analysis, and client communication.
- Accountants should focus on building a strong foundation of data and processes before implementing AI.
- Document collection is one of the most common tasks that can be automated.
- Task management and client relationship management are also important areas to consider for automation.