AI is not coming, it’s already here. Several accounting firms across the UK have already begun using AI to work faster, look more professional and win more clients. This has helped them relieve themselves of the burden of manual proposals and engagement letters and refine clunky onboarding processes. So, we can safely say that AI tools have already started changing the accounting industry.
Let’s be clear. This is not about replacing human accountants. Rather, it’s about developing smart systems that take care of repetitive tasks and free humans up to focus on high-value work.
The Rise of AI Tools In Accounting
AI is reshaping the way modern accounting firms operate. It’s helping firms cut down on admin, speed up decision-making and deliver better client experiences.
What started with basic automation like invoice scanning or bank feed imports has now evolved into intelligent systems that can automate entire workflows and analyse large pools of client data to suggest prices.
Today, accounting firms of all sizes are turning to AI-powered tools to automate workflows and process complex data in seconds. Moreover, several even sole traders are using AI to automate proposals, track deals, flag client activity and improve service consistency.
Truly, what once felt like science fiction is now part of everyday accounting.
What AI Can & Can’t Do for Your Practice
AI is excellent at handling repetitive, rule-based tasks. It can do things like extract data from documents, reconcile bank transactions, match receipts to ledger entries and send out the right onboarding forms.
It can also analyse large volume of data in seconds, identify patterns, spot inconsistencies and give you a clear view of which services are growing (and which clients are slipping behind). It can also help firms monitor deal pipelines, pricing trends and service profitability in real time.
Case Study:
A large US accounting firm with 105 employees was spending 5 to 8 hours per client each month to manually reconcile bank statements.
Implementing an AI powered system helped bring this down to just 15/20 minutes, reduced errors by over 90% and freed up 1,000 hours per year for more strategic work.
But we need to understand one thing. AI can do a lot but it can’t do everything.
It doesn’t understand your business pressures or seasonal cashflow quirks or how to navigate sensitive conversations. It might spot a dip in income but it won’t know that your client is dealing with a family crisis and will pay you soon.
And while AI can draft things like proposals, the document it gives are generic and vague. AI is not built with your regulatory requirements. It does not and will not understand the risk factors your firm faces or how tone and trust influence whether a client accepts an engagement.
Think of it this way. AI can speed up the what but it still needs you to decide the why and the how. It’s just tool not a team member.
Where FigsFlow Fits in the AI World
FigsFlow is made by and for accountants looking to streamline workflows and boost efficiency. And it gives you the best of both worlds – AI and human – and helps you automate your entire client onboarding, journey from initial AML checks to proposals and engagement letters in seconds.
Here’s how FigsFlow transforms your daily operations and saves you hours in time and hundreds in money.
- Draft professional proposals and compliant engagement letters within seconds.
- Get customisable templates for 100+ accounting, bookkeeping and tax advisory services.
- Price your services by analysing your top-performing offerings, market trends, your firm’s profit margins and client expectations.
- Leverage deal analytics to identify your most profitable services.
- And most importantly, onboard clients in minutes and avoid back-and-forth emails for good.
Case Study: How FigsFlow Streamlined Client Onboarding for a Firm
Before
A small accounting firm was drowning in manual work. It was spending hours (and sometimes days) preparing proposals, engagement letters and pricing quotations. It had slowed down their response time, created bottlenecks and heavily impacted their cashflow and growth.
After
FigsFlow automated everything from proposals and pricing to deal tracking and payments. What once took hours per client could be done in minutes. It saved thousands of staff hours annually, allowed staff to focus on high-value work and improved client satisfaction and retention.
Why Firms That Use FigsFlow Will Win More Clients
Firms using tools like FigsFlow are gaining a clear edge. While some practices are still juggling spreadsheets and chasing signatures, FigsFlow users are taking advantage of its state-of-the art features to respond faster, quote smarter and onboard clients in minutes.
Imagine being the only shop on the street with a cash-only policy? Would big spenders shop there? Does that make sense in today’s world? That’s exactly how outdated systems feel to today’s digital-first clients.
Clients today expect speed, convenience and a seamless experience. They don’t want to wait for days for a proposal or deal with vague engagement letters. And if your response time is slow, you’re already losing clients.
If your firm can deliver both proposals and engagement letters within seconds, you’re already ahead of the competition. If you cannot, they may move on before you even reply.
How to Get Started With AI
Using AI to save money and cut down countless hours of admin sounds great in theory. But how do you do that? Where do you even start?
The good news? Getting started is simple. Start by automating the part of your workflow that takes the most time and effort: client onboarding.
For this, use FigsFlow. Just enter your parameters, select from over 100+ built-in templates and start sending proposals and engagement letters in less than 60 seconds.
And remember, you don’t have to overhaul your entire process overnight. Start small, automate one part of your workflow, observe the results and scale from there.
Conclusion
AI is reshaping accountancy and the gap between early adopters and those falling behind is growing wider by the month.
Firms that are using AI-powered tools are discovering ways to work more efficiently, improve response times and deliver smoother onboarding to their clients. We’re not talking about the future anymore. The change is happening today. And the question now is simple:
Will your firm be part of the AI shift or left behind?
What’s Next:
Let’s be real—if you’re still stuck in manual tasks like proposal writing, pricing and client onboarding, surviving the AI revolution and the rapid change in the industry is going to be tough.
But there’s still a way forward. Start your journey toward automation and smarter workflows with FigsFlow. Try it free for 30 days and see how easy it is to save time and work more efficiently.
English (UK) 
English