From www.accountingtoday.com: Fintech companies face a dilemma as they integrate artificial intelligence into their products, which can reduce the need for human workers, thus complicating their seat-based revenue models.

While AI offers opportunities to enhance efficiency and redefine the role of accountants, it raises concerns about job security and the future of traditional accounting practices.

The industry must navigate these challenges by rebranding the accounting profession and exploring new pricing models that align with value-driven services.