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AI accounting software has arrived

AI for accounting is revolutionising our industry and at Sage we've fully embraced it. Leverage the power of AI accounting software and watch as your business reaps the rewards.
Explore our AI accounting software

What is artificial intelligence in accounting?

It's fair to say that artificial intelligence has gone mainstream in recent years and is now a key driver for innovation in technology. But what is it exactly, and how is AI used in accounting?

Artificial intelligence is a type of technology that allows computers to copy human intelligence to perform tasks, including learning, problem-solving, decision-making and language processing.

AI for accounting makes use of these technologies to automate and boost accounting tasks and workflows. By processing vast amounts of financial data quickly and accurately, AI-powered software can help you save time, reduce your manual admin, and get more done, minimising the risk of errors. It can also offer you a real-time view of your business performance, empowering you to make smarter, faster decisions.

What are the advantages of AI in accounting?

Staying on top of your accounting and financial management is critical for all businesses. It's not always easy, especially with a seemingly endless list of priorities demanding your attention. That's where the many benefits of artificial intelligence come into play.

So, how can AI help with accounting? Let's look at some of the key ways AI-driven solutions can support and drive business growth – from giving you time back to keeping you in full control of decision making at all times.

Get time back and get more done

AI accounting software automates routine tasks like processing invoices, data entry and time tracking, making sure your financial information is always up-to-date and accurate. Work faster, not harder, reducing human error while saving your team time on admin.

Cut costs and grow your business

Get ahead with AI accounting software that drives business growth. Streamline processes and boost profitability with enhanced automation and smart, real-time data. Leverage deeply contextualised insights, reports and forecasts that support smart, longer term strategies.

Make smarter, faster decisions

See how your business is doing in real-time with artificial intelligence accounting software. It instantly analyses your financial and operational data, empowering you with a live view of your business performance and dynamic reporting. Leverage predictive analytics and smart insights to make smarter, more proactive decisions.

Rely on trusted and secure AI expertise

Trust that you're using artificial intelligence in accounting from an expert provider. By identifying patterns and automatically flagging anomalies in your data, high quality, accounting-specific AI tools can help with fraud detection. Stay in control of your financial data, keeping it secure, accurate, and compliant.

Key features to consider when choosing AI accounting software

Ready to leverage artificial intelligence to elevate your financial management? Consider how AI can be used in accounting and the key features you want your software solution to support.

Automated invoice processing

AI accounting software can automate data entry of your supplier invoices, slashing your invoice processing time by more than 50%.

Error and outlier detection

General ledger outlier detection has scope to review millions of weekly transactions, helping correct thousands of errors before they post.

Smarter bookkeeping

The best AI-powered tools will auto-capture and categorise data from invoices, receipts and bank statements, making bookkeeping a breeze.
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Intelligent time tracking

Use AI for accounting to automate time tracking, accurately mapping billable time spent on projects and tasks, boosting your bottom line.

AI accounting software solutions from Sage

Discover our financial management and accounting software with AI-powered capabilities.

Sage Accounting<br> <span class="text-highlight-ai" style="line-height:1.6;">with Ai</span>

Flexible online accounting software for small businesses. Unlock potential, gain clarity, and save time.

Cloud accounting for freelancers, sole traders, and small businesses:

  • Create and send sales invoices
  • Track what you're owed
  • Automatic bank reconciliation
  • Calculate and submit VAT
  • Easy to set up and use
  • Be Making Tax Digital ready for VAT

Sage 50 Accounts<br> <span class="text-highlight-ai" style="line-height:1.6;">with Ai</span>

Desktop accounting software with cloud connectivity, giving you a complete view of your business finances and inventory.

Desktop accounting with cloud connectivity for small businesses with advanced needs:

  • Manage cashflow to stay in control and grow your business
  • Accept payments easily and get paid faster
  • Full visibility and control of your payments from anywhere
  • Automate the admin and save yourself hours of work
  • Make complex accounting simple with advanced stock management
  • Get Sage Copilot, your AI-powered productivity assistant

Sage Intacct<br> <span class="text-highlight-ai" style="line-height:1.6;">with Ai</span>

The leader in cloud accounting and financial management software. Perfect for scale-ups to global enterprises. Bespoke pricing, tailored to your business.
  • Track multiple accounts in real-time
  • Consolidate multiple entities and more in minutes
  • Collaborate from a single source of truth
  • Make strategic decisions with dimensional reporting and analytics
  • Open APIs allow multiple, stable, secure integrations
  • Get Sage Copilot, your AI-powered productivity assistant

Get Sage Advice on AI and accounting

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Chris Williams

Managing Director, HW Print Ltd.

Anything that can be done more quickly is a bonus as it means I can spend my time more wisely running the business. Using the AI in Sage Accounting to process our supplier invoices is cutting down the time taken by at least 50%, it's a lot more streamlined. It recognises the suppliers and speeds the whole process up.

Artificial intelligence accounting software FAQs

Yes, Sage Accounting, Sage 50 and Sage Intacct are powered by AI to deliver a host of customer benefits, automating many routine and advanced tasks, including:

  • invoice processing
  • expense management
  • time tracking
  • anomaly detection
  • bank transaction classification
  • carbon footprint estimation

Our AI software also drives predictive analytics, giving you a real-time view of your business performance and telling you what you can do to improve it.

Learn more about Sage Ai and Sage Copilot.

Our AI accounting software is highly intuitive and easy to use, with smart, automated features, designed to help you move faster and drive high performance.

Our AI-powered solutions work seamlessly in the background to streamline and simplify your tasks and processes, saving you time and effort. That way, you can focus on what matters most; managing your business.

When it comes to choosing the right AI for accounting, it's important to consider what your business needs from the solution:

  • Integration and collaboration: it's a good idea to select software that can easily be integrated with your other tools and systems, streamlining your processes and facilitating seamless collaboration.
  • Efficiently and profitability: it should help your business become more efficient and profitable, by reducing time-consuming manual tasks and delivering actionable insights and data to drive proactive decisions.
  • Security and accuracy: you'll also want to make sure that your system is secure, keeping your financial data safe and accurate at all times. Automated, AI-driven data entry and anomaly detection will reduce errors and instantly check your transactions for unusual patterns, helping prevent fraud.
  • Automation and productivity: good, cloud-based AI accounting software will offer smarter ways of working, empowering you to take your business to the next level through dynamic automation of everything from accounts payable and invoice processing to time and expense tracking.

The cost of AI accounting software will vary depending on the size and needs of your business.

We've incorporated AI technology into our Sage Accounting and Sage Intacct software, so you can benefit from smarter, more efficient solutions as part of our regular plans and packages.

You can get a free one-month trial of Sage Accounting, no strings attached. After that, plans start from as little as £18 per month for small businesses.

For medium-sized and growing businesses, Sage Intacct offers a scalable, highly customisable accounting and business management solution. Contact us to discuss your company's needs and pricing options.

Yes, Sage Accounting is a HMRC-recognised, cloud-based solution with AI-powered automation, perfect for small businesses. You can upgrade your plan or cancel at any time, with no long-term contracts, commitments or hidden fees.