Accountex: Real-time data analytics and AI changing way firms use software

SAGE told an audience at Accountex today how artificial intelligence, machine learning and automated data collection will enable a world of always-on accounting.

In a keynote speech, Jennifer Warawa, executive VP, product marketing at Sage, commented about how smart machines and artificial intelligence are already becoming accepted within the industry.

“There’s a seismic shift taking place in the accounting industry as a new, digitally native generation joins the profession. They expect anytime, anywhere access and instant business insights as standard – and see new technologies, such as artificial intelligence and bots as enablers rather than threats.”

Also at the event, Sage announced the availability of two new products. Sage Live for Accountants and Sage One Partner Edition are designed to help accountants grow their practices and move towards a cloud-based service model.

Sage Live for Accountants is an integrated cloud accounting and practice management product that provides a single real-time source of information.

Sage One Partner Edition addresses accountants serving sole-traders, entrepreneurs and micro-businesses.