Financial Statements (FS) in seconds with Backbone
Financial statement preparation is a task that accounting firms undertake for each of their clients on an annual basis. This […]
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Automating Comparable Entity Evaluation for Transfer Pricing
A consulting firm engaged Backbone to automate its process of evaluating comparable entities for transfer pricing documentation. Previously, the manual
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Introducing Luca: Your Upgraded Financial Statement Bot
Meet Luca, the cutting-edge financial statement generation bot designed to simplify and accelerate your accounting process. With this latest upgrade,
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Design Excel Template for Accounting Tasks
By Accountants, For Accountants In this comprehensive course, designed specifically for accountants, we revisit the power of Excel and its
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Introducing our new accounting bot employee-Luca
We’re glad to see Luca working to transform FS generation with our friends at Jaz! If you’re still spending hours
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Meet Luca: The Bot Transforming Financial Statements!
Introducing Luca, our newest (bot) employee! He’s a huge database of accounting rules and logic, partially powered by AI, and
Meet Luca: The Bot Transforming Financial Statements! Read More »
Backbone’s philosophy on AI for accounting
We were excited to read ISCA’s white paper (below link) on AI and its applications to accounting. https://isca.org.sg/resource-library/digitalisation/artificial-intelligence-for-the-accountancy-industry—what-lies-ahead Its reiteration
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Quantify cost saving from Financial Statement Bot
At our calculated average hourly cost of $56 and $69 for junior and senior staff labour respectively, time is money
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Accounting Attrition
Accountants are leaving the profession—rapidly. For a 12-month period ending in September 2022, the attrition rates for Big Four and
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The Key Features of a Top-notch Automation Product for Accountants
💫 The Key Features of a Top-notch Automation Product for AccountantsIn the dynamic landscape of accounting, staying ahead of the
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