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Go to place for all things cloud accounting and digital. Find out the latest in accounting app news and exclusive interviews with cloud pioneers in the accounting industry.
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Monday May 12, 2025
Monday May 12, 2025
In this episode of Digi-Tools in Accrual World, we discuss the rapid advancements in AI and their impact on the accounting profession, looking at an insightful report by LinkedIn predicting that 70% of workforce skills will be replaced by AI within five years, and touch on the significant replacement of the bookkeeping workforce.
Updates and innovations from FreeAgent, XLedger, and Dext are highlighted, alongside an engaging interview with Dom Gibbs from S&W and Laura from Xledger, covering strategic outsourcing and technology's role in transforming finance functions.
PLUS previews of what we’re up to at Accountex this year!
Accountaxe: https://www.eventbrite.co.uk/e/accountaxe-2025-london-tickets-1235998257059
How to effectively partner with vendors: https://www.eventbrite.co.uk/e/digital-transformation-training-tickets-1338884693159
00:00 Coming Up
01:04 Intro
02:25 Accountex Previews
05:46 App News
05:51 The Accountant 2
07:46 Agentic AI edges closer to mainstream accounting adoption
16:25 FreeAgent expands integrations with Stripe and more
18:32 Dext launches Vault for AI-powered document storage
21:24 Dext rolls out supplier statement matching features
24:04 BILL expands into procurement and cashflow management
26:30 BILL powers Xero’s US online bill payments
28:41 Xero highlights April’s newest app integrations
31:15 Process Outsourcing at scale
48:28 Outro
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