AI in Accounting

AI is rapidly reshaping how finance and accounting teams operate, and over the next year we can expect significant advancements in automation, analytics, and decision-making support, such as:

  • Automation of transactional accounting
  • AI-powered insights and scenario modelling
  • Fraud detection and compliance monitoring

These advancements won’t eliminate the need for finance professionals, but they could shift the focus towards more strategic thinking, stakeholder engagement, and could create vacancies for AI-savvy finance specialists.

Why Recruitment Agencies won’t be replaced by AI:
While recruitment can benefit from AI and streamline parts of the process—such as initially screening CVs, scheduling interviews, and matching skills to job specs—it cannot replace the personalised, consultative approach, which includes:

Human Judgement: Understanding cultural fit, candidate motivations, and deeply understanding everybody’s wants and needs

Relationships: Long-term trust between candidates and clients allows the recruiter to accurately match both parties

Guidance: Providing advice on remuneration packages, dealing with counteroffers, notice periods, and market trends

Overall, over the next 12 months we will see finance teams become faster and more strategic. At the same time, recruitment agencies will continue to thrive by doing what AI cannot—understanding people, building relationships, and guiding businesses through complex human decisions.