Create New Revenue with AI: Introducing XBert Intelligence and Custom XBerts
Finally, you can use AI to be proactive, at scale, and grow revenue.
The accounting industry is at a crossroads where traditional practices meet cutting-edge technology. As artificial intelligence (AI) continues to evolve, its potential to transform how accountants and bookkeepers operate is becoming increasingly apparent.
At XBert, we are dedicated to making accounting not just easier, but also more profitable. Today, we’re introducing XBert Intelligence (XI) - our advanced AI engine designed specifically for accountants and bookkeepers.
XI understands the unique needs of the accounting industry and offers powerful tools that help you stay ahead of trends and risks. This is AI that accountants can use to generate revenue and provide more value to their clients.
The first feature powered by XI is Custom XBerts, with many more on the way. Custom XBerts allows you to create custom alerts based on your clients’ ledger, transactional patterns and payroll data. This helps you move from reacting to problems to anticipating them. Instead of using basic alerts or manually checking transactions, you can now get timely, personalised notifications about financial opportunities and risks. This makes it easier to give your clients the advice they need, when they need it, helping you drive more revenue through proactive advisory.
Let’s dive in and discover how XBert Intelligence and Custom XBerts can improve the way you work.
How does XBert Intelligence help you scale and grow revenue?
XBert Intelligence (XI) is AI 2.0 for the XBert product. XI is the enhanced AI engine that powers the XBert platform. Think of XI as a trusted member of your team who has been working in the accounting industry for decades. It understands the unique challenges and needs of accountants and bookkeepers, particularly when it comes to managing multiple clients at scale.
XI is specifically designed for the accounting and bookkeeping industry, distinguishing it from other AI tools currently in the market. It knows the ins and outs of accounting and bookkeeping, allowing you to ask it to perform duties just like you would with a seasoned colleague. Whether it's analysing transaction patterns, identifying potential risks, or spotting growth opportunities, XI knows exactly what to do.
The benefits of XBert Intelligence are significant. By automating routine tasks and providing real-time, customised alerts across your whole practice, XI helps accountants save time and reduce errors.
Imagine being able to do the same level of quality work you manage across a handful of clients, to hundreds, without the effort. This scalability is crucial for expanding your practice without compromising the quality of your services.
More importantly, it enables a shift from reactive problem-solving to proactive advisory roles. This means accountants can anticipate issues before they arise and take advantage of advisory revenue opportunities as they appear, ultimately leading to better outcomes for their clients.
With XBert Intelligence, the accounting industry can move towards a more efficient, insightful, and proactive future, right now. XI not only streamlines tasks but also drives revenue and enhances client relationships, making your work more effective and your clients happier.
Introducing Custom XBerts - Just Ask!
Custom XBerts is the debut feature powered by XBert Intelligence (XI), designed to bring a new level of customisation and foresight to your accounting practice. With Custom XBerts, you can build on the current 80+ default alerts, and create tailored alerts based on your clients' unique transaction patterns.
Custom XBerts allows you to set up specific criteria for monitoring transactions, so you receive alerts that are relevant to each client. These alerts help you identify unusual activities, potential risks, and opportunities as soon as they arise. You can customise these alerts to fit the specific needs and preferences of your clients, ensuring that you always have the most pertinent information at your fingertips.
It's as simple as selecting the area in which you are looking to solve a problem, such as bank accounts, bank statement transactions, invoices, journal transactions, or profit and loss. Then, type in what problem you would like the Custom XBert to solve, and XI will do the rest.
Once set up, you'll be able to see the approach, description, test results, and summary of the Custom XBert according to your instructions. This detailed overview allows you to understand how XI is addressing your specified problems, giving you clear insights and actionable data.
This process ensures you, individuals or roles within your practice, get timely, personalised notifications about financial opportunities and risks, making it easier to give your clients the advice they need when they need it.
With Custom XBerts, you can move from a reactive approach to a proactive advisory role, giving you the ability to anticipate issues and seize opportunities as they occur. This not only enhances your service quality but also strengthens your client relationships and drives better outcomes.
You Don’t Have to Check Every Client for the Same Thing
Let’s take a look at a few examples of what you can do with Custom XBerts
XBert, alert me when any of my clients' income drops 30% month on month.
The exact instruction you would use is: "XBert, alert me when any of my clients' income drops 30% month on month, so I can set up an advisory meeting."
XI will monitor all of your client’s profit and loss data and will nudge you if income drops 30% so you can set up an advisory meeting. You can do this yourself if you have a handful of clients, but with XI, you can be alerted across hundreds of clients.
XBert, let me know when any transactions are not reconciled after 5 days
The exact instruction you would use is: "XBert, Alert me when any of my clients' bank transactions haven’t been reconciled and are older than five days."
XI will monitor all transactions across all your client accounts, evaluate each one, and filter out the unreconciled transactions that meet your criteria. You'll receive timely alerts about these transactions, helping you maintain accurate records and reduce the risk of missed transactions.
XBert, alert me when a manual journal has been posted on the 30th of June.
You can instruct XBert Intelligence to monitor specific journal entries with the instruction: "XBert, alert me when a manual journal is posted on the 30 June, on any of my clients"
XI will scan all journal entries for the specified date and highlight any manual entries made on the 30th of June. This Custom XBert provides critical oversight for these transactions, helping you maintain financial integrity and meet compliance requirements.
These examples show how Custom XBerts can be tailored to meet specific accounting needs in your firm. By giving XI clear instructions, you can efficiently handle complex accounting tasks, stay on top of financial activities, and provide superior service to all of your clients.
The best part is, that you can create Custom XBert alerts however you want. XI understands your instructions and executes them without delay.
With XI, you have the power to create personalised alerts instantly, making your accounting practice more responsive and efficient.
Future of XBert Intelligence
XBert Intelligence (XI) is just getting started. Our commitment to innovation means that XI will continue to evolve, bringing even more powerful tools and features to your accounting practice, enhancing client service.
We understand that the accounting industry is constantly changing, and staying ahead requires continuous improvement and adaptation. That’s why XI will receive ongoing updates and enhancements to ensure it remains at the cutting edge of technology. Our team is dedicated to incorporating the latest advancements in AI and machine learning, ensuring that XI continues to deliver accurate, relevant, and actionable insights.
With these ongoing updates, XI will not only help you manage current accounting challenges but also prepare you for the future. We are committed to supporting your growth and success, providing you with the tools you need to offer the best possible service to your clients.
Stay tuned for more exciting updates as we continue to expand the horizons of XBert Intelligence, helping you make smarter decisions, streamline your workflows, and enhance your advisory capabilities.
Let’s Take Your Practice to the Future
Experience the power of XBert Intelligence and Custom XBerts for yourself. Start using XBert Intelligence and Custom XBerts with a free 14-day trial. Discover how XI can make your work more efficient, insightful, and profitable.
Sign up for your free trial now or request a demo to see XI in action. Our team is here to help you get started and answer any questions you might have.
Don't wait – unlock the full potential of your accounting practice with XBert Intelligence and Custom XBerts today!
Start your trial and the XBert Success team will not only show you new XI, but will also showcase the 80+ built-in alerts, that you can add rules to, analytics to help you price clients, our leading workflow automation system, and how to engage clients in the client console. What are you waiting for?
