Engine B to Introduce AI Agents to Transform Audit and Accounting

https://finance.yahoo.com/news/engine-b-introduce-ai-agents-103518790.html?fr=sycsrp_catchal

Engine B is a provider of generative AI solutions used for professional services.  This article discusses Engine B's launch of AI agents to transform audit and accounting by automating routine tasks while preserving human judgment. At the upcoming ICAEW Annual Conference to be held in October, CEO Shamus Rae will discuss how these AI agents will reduce labor by 20% in three years, handling data entry, document review, and other time consuming processes.  The AI agents, designed with distinct personalities, will perform tasks such as accounts receivable testing, risk planning, and inventory management. This approach allows auditors to focus on higher value work such as making key judgments.