AI-related priorities rule the day as practice management software maker Karbon, has acquired Aider, an AI-powered advisory and reporting technology it recently integrated with.
Aider is currently used by firms across the United States, Canada, Australia, and New Zealand for automating bookkeeping and advisory workflows like reconciliations and period close, while delivering real-time client insights and predictive reporting. The purchase can also deepen the recently launched integration between the two platforms, with an AI-powered period close experience built directly into Karbon’s practice management platform.
Specifically, Karbon users will have access to:
· Automated period close with task coordination, follow-up and inline editing of uncategorized transactions with the most popular general ledgers
· AI-generated management reports featuring real-time insights, KPIs, and executive commentary
· An AI-powered advisory assistant for data analytics, client meeting preparation, and internal upskilling
· Firm-wide dashboards that surface proactive advisory opportunities across the client base
· AI agents that execute tasks and streamline workflows (coming soon)