Innovative Use of AI in Accounting Service – Intellect AI in partnership with System Holdings (Salhan Accounts)

Artificial Intelligence (AI) has become pivotal in revolutionizing various industries, and accounting is no exception.

Integrating AI in accounting processes promises to enhance efficiency, accuracy, compliance, and overall business performance.

This submission delves into the journey of System Holdings, a parent company of Salhan Accountants, a prestigious accounting firm in the UK, as it navigates the incorporation of AI into its invoicing process.

In 2023, System Holdings and Intellect have come together to look at the automation possibilities using Robotic Automation, Intelligent Automation and Gen AI across the accounting process to improve efficiency.

As a starting point, automation of invoice categorization was picked up, which is one of the complex processes that needs to be fully automated.

System Holdings and Intellect have worked together to achieve this objective in 8 months and gone live with Auto Categorization of invoices in March 2024.

It has been a challenging but incredible journey of 8 months, and the results have surpassed our expectations.

System Holdings CEO Dr Anjulika Salhan is pleased with the business outcome.

This achievement has given way to the road map expected to transform the accounting industry in the coming years.