Balance Your Books, Balance Your Life
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Say Goodbye to 60-Hour Work Weeks and Hello to AI In Accounting
Employee wellbeing in accounting has gained significant attention in recent years, as organizations recognize the impact of heavy workloads, tight deadlines, and stress on their workforce. A growing trend is the adoption of flexible working models, including remote and hybrid work arrangements, which have become especially prominent since the pandemic. These changes offer accountants more control over their schedules, helping to reduce burnout and improve work-life balance. That said, the accounting and finance field is still often plagued by 12+ hour days, which spring from inefficient processes and a hesitancy to embrace technology. But the latest generation of accountants doesn’t want this. They didn’t go to college for five years to spend 60 hours a week in spreadsheets. They welcome technology and expect to use it. To recruit and retain this highly sought-after generation of accountants, you must be able to offer better work-life balance, and you must offer them access to better technology than tools that were developed 40 years ago.
To develop and support the next generation, leaders must embrace artificial intelligence in accounting, understand how it can be applied to their processes, and enable their teams to use it. Traditionally, accountants have been burdened with tedious, manual processes such as data aggregation and entry, labor-intensive reconciliation, and report generation. All processes that are rife for AI transformation.
Leaning on recent studies from organizations like the Institute of Management Accountants, Robert Half, The Association of Chartered Certified Accountants and the National Pipeline Advisory Group, plus our own expertise, Trintech’s latest white paper offers ideas to improve work-life balance by empowering teams with AI-driven solutions and highlights things like:
- Long-Term Organizational Impacts of AI and Upskilling
- Cost of Employee Retention vs. Loss Due to Overwork
- How AI in Accounting Helps Bridge the Talent Pipeline Gap
- Investing In AI Technology Is an Investment in Your Employees’ Future
- Real-Life Use Cases for AI in Finance and Accounting, like our new Co-Pilot Gen AI Assistant
Ror more tips on achieving better work-life balance with AI-driven accounting tools, download our white paper, “Balance Your Books, Balance Your Life.”