SME analysis: AI in accounting
The new Lünendonk study "AI in accounting, financial statement preparation and auditing" shows that SMEs are turning to AI-supported solutions to increase efficiency, reduce errors and optimize complex financial processes. For example, 63% of the companies surveyed already use BI software or data analytics tools to improve financial processes. AI is used in particular in the automation of routine activities such as document recognition, automated data capture and data processing as well as text creation.