Eleven, a developer of cloud-based accounting solutions, has introduced a project management tool that uses artificial intelligence (AI) to streamline workflows for accounting teams.
The AI-powered accounting software is designed to streamline operations, improve project timelines and enable companies to achieve milestones with greater precision, the company claims.
Using artificial intelligence, the software can generate deep project insights, manage complex schedules and predict potential delays, reducing administrative burdens and allowing accountants to focus on strategic tasks for better results.
Key features of Eleven’s new software include the ability to access comprehensive project reports in less than five minutes and AI-powered schedule forecasts with 98% accuracy.
The software is also claimed to save each project manager over 500 hours annually, highlighting its potential to significantly reduce time spent on project administration.
The software offers a comprehensive approach to project management, supporting multi-site operations and multi-currency budgeting.
It can adapt to the changing business needs of accounting firms and ensures seamless integration and transparent reporting.
In addition to the core functionalities, Eleven’s software offers additional benefits such as free installation and data migration, a fixed price guarantee and access to insights from industry leaders through comprehensive reports.
These features are intended to provide accounting firms with an advanced tool to enhance their project management capabilities.
An Eleven spokesperson said: “Our goal is to provide accounting teams with the technology they need to succeed. By automating routine tasks, we help companies scale and optimize workflows, driving business growth.”
“Eleven Unveils AI-Powered Custom Software for Accounting” was originally created and published by International Accounting Bulletin, a brand owned by GlobalData.
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