AI for Accountants Is Getting Real – Are You Ready?

This week on Digi-Tools in Accrual World, we’re looking at what might be the most significant tech shift the accounting profession has ever faced. AI agents are no longer just theory.

Sage, QuickBooks, Karbon and others are now rolling out tools that automate accounting and bookkeeping workflows - with everything from categorisation and reconciliation to forecasting and client emails.

If you're trying to stay up to date with digital transformation in accounting, or want to learn about using AI in finance - this episode is for you!

We cover: • The beginning of the end for month-end • AI agents that clean your books, chase debtors and forecast cashflow • Sage Copilot and X3 updates • Thomson Reuters launching AI tax review tools • Karbon’s integrated tax workflows and pricing intelligence • UK influencers facing FCA action over financial misinfo • The Accounting Excellence Awards 2025 shortlist • Scoro on why PSA tools matter more than ever for growing firms

0:00 Coming Up 01:17 Welcome to the Digi-Tools in Accrual World Podcast 04:46 App News:

05:01 AI is bringing about the end of month-end 09:38 Sage unveils AI-powered task automation with agents 12:24 Intuit reveals AI agents coming to QuickBooks 18:08 Sage previews Copilot capabilities for X3 platform 19:34 Thomson Reuters launches Agentic AI for tax and accounting 21:16 Karbon launches end-to-end tax workflows, AI tools, and practice intelligence 27:22 UK influencers arrested in multi-million pound tax fraud case 29:10 Accounting Excellence Awards 2025 finalists announced

32:22 Scoro: The Role of PSA in Modernising Operations and Finance 43:56 Thanks for listening - remember to rate and subscribe to the podcast!

In this week’s Digi-Tools in Accrual World - sponsored by Xledger, we ask the big question: What has AI actually done for us?

...Well so far anyway.

How are accountants and bookkeepers actually using these tools to make their work and lives better?

From smarter tax tools to automated audit prep, the answer might surprise you.

Tune in for real-world examples of AI adoption in UK accountancy, plus the latest accountant news: • How accounting firms are using AI (email triage, Excel coding, audit docs, tax memos) • Countingup’s SmartTax AI trained on £10bn of data • IRIS buys Instead – US-based AI tax prep platform • Ravical raises €7.3m to challenge Silverfin with AI-native tooling • Caseware acquires LeaseJava to boost lease accounting automation • Airwallex lands £300m Series F for global expansion • Builder.ai collapses after revelations it’s not really AI…

We also introduce Scoro’s PSA platform (think.. operating system for your business) and what it offers scaling firms trying to ditch disconnected spreadsheets.

If you’re an accountant wondering how to approach AI adoption or curious what AI for accountants actually looks like, this one’s for you.

00:00 Coming Up… 01:03 Welcome to Digi-Tools in Accrual World podcast

App news 05:32 Real-life examples of AI in accountancy 14:07 Airwallex raises £300m to build global banking future 16:43 Caseware acquires LeaseJava to boost lease accounting 19:41 IRIS invests in AI-powered tax management platform Instead 23:15 Puzzle and Joiin team up for multi-entity consolidation 24:52 Ravical tipped to challenge Silverfin in practice tech 28:22 Ravical secures €7.3m to develop AI-native firm tooling 35:23 Countingup unveils Smart Tax AI assistant

37:36 Introducing Scoro

49:22 Outro

#AIAdoption #AIAccountants #AccountantNews #AccountingTech #FintechNews #SmartTax #PracticeManagement #Scoro #Airwallex #IRIS #Caseware #BuilderAI #Ravical #DigiTools #AccrualWorld

In this episode of Digi-Tools in Accrual World, we break down the biggest stories in accounting tech and fintech news. Sage posts a 16% profit increase, with 97% of revenue now recurring—what does this mean for cloud-based adoption in the UK? Meanwhile, Xero reports an impressive 23% revenue growth in FY25 and launches ‘Pay by Bank’ to streamline payments for SMEs.

We also cover: • Cloud adoption stats: 81% of UK firms now using cloud accounting • The FRC shake-up for digital filing under the Economic Crime & Transparency Act • New Xero App Store additions including Karbon • Zoho Books earns ICB accreditation • Adsum expands with Self Assessment data integration

📈 If you’re watching for insights on Sage FY25 results, Xero FY25 results, cloud accounting adoption, or UK fintech trends, this is one to watch.

👉 Subscribe for weekly updates on the latest in UK accounting and SaaS.

00:00 Coming Up 01:29 Hello and Welcome to Digi-Tools in Accrual World

App News: 05:27 Sage reports FY25 profit jump amid global uncertainty 08:34 Xero FY25 delivers 23% revenue growth 12:07 Xero launches ‘Pay by Bank’ to expand payment options 17:12 New apps arrive in the Xero App Store – May roundup 18:23 Zoho Books earns ICB accreditation 21:39 OpenTax adds Self Assessment tracking 23:27 Major shake-up planned for digital accounts filing 26:20 Cloud accounting adoption in the UK – latest insights

33:27 Outro - Rate and Subscribe!

#AccountingTechNews #FintechNews #SageFY25 #XeroFY25 #CloudAccounting #UKAccounting #DigitalTransformation #XeroPayByBank #MTD #Karbon #ZohoBooks #Accountex #HMRC