The Death of the Financial Close: Aaron Harris on AI's Accounting Revolution

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The Accounting Podcast

Blake Oliver & David Leary

553 episodes

3 days ago

The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.

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The Death of the Financial Close: Aaron Harris on AI's Accounting Revolution

The Accounting Podcast

46 minutes

1 month ago

The Death of the Financial Close: Aaron Harris on AI's Accounting Revolution

Live from the Sage Future conference in Atlanta, Aaron Harris, CTO of Sage, joins Blake and David to explain why he wants to completely eliminate the financial close rather than just make it faster. Harris breaks down the three waves of AI transformation in accounting—from task-based automation to generative AI to fully autonomous agents—and reveals how Sage is building custom language models trained specifically on accounting principles with the AICPA. He also discusses the psychology of trust between CFOs and AI systems, introduces Sage's new AI transparency labels, and explains why his company is taking a more cautious approach than competitors like Intuit when deploying autonomous agents.

Meet Our Guest, Aaron Harris, CTO, Sage

LinkedIn: https://www.linkedin.com/in/aaron-harris-7407b2/

Website: https://www.sageintacct.com/leadership/aaron-harris
X: https://x.com/AaronRHarris

Learn more about Sage

https://www.sage.com/

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The full transcript for this episode is available by clicking on the Transcript tab at the top of this page