From www.accountingtoday.com: Automation and AI can significantly enhance efficiency in accounting firms, but many leaders struggle to quantify their value.

By understanding the monetary worth of time within the firm, leaders can assess the return on investment when adopting automation solutions.

For instance, tools like Microsoft’s CoPilot can save substantial time, translating into significant financial gains that justify their cost, emphasizing the necessity for firms to embrace automation to remain competitive and profitable.