The Accounting Podcast

Blake Oliver & David Leary

Frontier Models Outscore CPAs & What Clients Will Spend on Accounting

OCT 22, 202656 MIN

Description

AI outperformed 12 CPAs on a month-end close benchmark, but that doesn’t mean it can replace them. Blake Oliver and David Leary unpack the study’s limits and why adding AI to existing workflows may not save time. They also explore survey findings that accounting budgets triple when businesses hit $1 million in revenue, plus why most firms are invisible in AI searches. Learn what these shifts mean for your firm’s processes, pricing, and marketing. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas OnPay - http://accountingpodcast.promo/onpay Finance Accounting Technology Expo - http://accountingpodcast.promo/fate SavantLabs - http://accountingpodcast.promo/savant Chapters (00:00) - AI Search Visibility Crisis (00:24) - Show Intro and Headlines (02:38) - Livestream Shoutouts (03:18) - AI Beats CPAs Study (05:40) - Charts Speed and Accuracy (08:27) - Why Humans Lag Context (10:31) - When AI Plus Human Fails (20:00) - AI Native Workflow Shift (26:52) - Sams List Client Budgets (29:48) - Small Biz Client Focus (30:36) - What Clients Actually Want (31:35) - Pricing Reality Check (34:06) - Startup Budget Mindset (36:34) - New Studio Chat (37:59) - AI Progress Story (43:29) - Ramp Glass Orchestration (47:26) - AI Search Disrupts SEO (50:41) - How To Get Recommended (53:13) - Niche Beats Location SEO (55:21) - Wrap Up And CPE   Show Notes Human Baselines for Benchmarks: AI Now Outperforms Junior Accountants https://www.mercor.com/blog/human-baselines-for-benchmarks-ai-now-outperforms-junior-accountants/ Clients Spend $5K a Year on Accountant Until Revenue Passes $1M https://www.accountingtoday.com/news/clients-spend-5k-a-year-on-accountant-until-revenue-passes-1m Meta Is Back in the AI Race. Muse Wonder Just Ranked #2 for Accounting https://www.dualentry.com/blog/muse-wonder-just-ranked-2-for-accounting Ramp’s $1.5 Million Week of Spending Leads to Glass AI Tool https://www.pymnts.com/?p=4306638 Ramp Glass https://ramp.com/glass AI Recommendations Favoring Narrow Band of Big Firms https://www.accountingtoday.com/news/ai-recommendations-favoring-narrow-band-of-big-firms Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus. Need Accounting Conference Info?  Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ProfitRoot - https://tryprofitroot.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page