Financial statements
Posted: Wed Jun 18, 2025 3:51 am
For example, you need to translate a 50-page brochure. Previously, this would have taken a week of work for a translator, with all the checks and interim approvals. Today, it can be done in a couple of hours using one of the tools mentioned above.
Accounting
Very soon, artificial intelligence will replace accountants. Our company spends thousands of dollars a year on accounting: , tax calculations, and many other nuances. Very soon, all of this can be simplified. But for this to work, the primary operations must be automated. Will chief accountants be needed?
Yes, chief accountants will always be needed, because a chief accountant is a person who special database sets the model according to which accounting will be conducted in a company. He is a kind of architect in terms of finances. But ordinary ordinary accountants will soon be replaced. Therefore, if you want to prepare well for this, put your accounting in order so that it is fully automated. And when I say “soon”, I mean that in 1-2 years you will be able to use artificial intelligence, which will do all the routine just fine.
Engineering
We have one of the divisions in our company that is engaged in the development of an IT platform. And we spend about 30-40 thousand dollars a month on this small division, refining our platform there and constantly improving it.
We recently started using GitHub, a copilot that helps programmers write code much faster, better, and with fewer errors. After implementing this tool, the department's productivity doubled. This was a very noticeable, real improvement. Accordingly, we got a twofold increase in productivity for the same money. And this is quite a nice saving even for medium-sized enterprises, not to mention small companies, for which such a budget can be significant.
Accounting
Very soon, artificial intelligence will replace accountants. Our company spends thousands of dollars a year on accounting: , tax calculations, and many other nuances. Very soon, all of this can be simplified. But for this to work, the primary operations must be automated. Will chief accountants be needed?
Yes, chief accountants will always be needed, because a chief accountant is a person who special database sets the model according to which accounting will be conducted in a company. He is a kind of architect in terms of finances. But ordinary ordinary accountants will soon be replaced. Therefore, if you want to prepare well for this, put your accounting in order so that it is fully automated. And when I say “soon”, I mean that in 1-2 years you will be able to use artificial intelligence, which will do all the routine just fine.
Engineering
We have one of the divisions in our company that is engaged in the development of an IT platform. And we spend about 30-40 thousand dollars a month on this small division, refining our platform there and constantly improving it.
We recently started using GitHub, a copilot that helps programmers write code much faster, better, and with fewer errors. After implementing this tool, the department's productivity doubled. This was a very noticeable, real improvement. Accordingly, we got a twofold increase in productivity for the same money. And this is quite a nice saving even for medium-sized enterprises, not to mention small companies, for which such a budget can be significant.