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Can ChatGPT replace your accountant?

ChatGPT is THE topic of the moment. So, the question arises... Will this AI replace your accountant and his advice? And the answer is clearly NO! Here's why :

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ChatGPT, essential AI

The rise of technology continues to change the way we meet our customers' expectations. And ChatGPT  is one of those tools that will certainly revolutionize the way we work. This AI tool developed by Open AI   is now being talked about a lot all over the web. And for good reason. Students use it to write their homework, marketers to write their posts...

But then, will this AI also call into question the high value-added advice that Blendy, a digital accountant  provides to its clients?

This question is on everyone's lips, and the answer is obviously NO  !

The limits of ChatGPT

Responses that do not incorporate all current legislation

First of all, it should be noted that ChatGPT is indeed a quick and accessible source of information, which can allow us to get simple answers to certain questions.

However, these answers are not always accurate. It is therefore essential to carefully verify the veracity of the answers provided .

Indeed, ChatGPT does not include the latest tax standards  from 2 months, 3 months, 4 months or 6 months ago. ChatGPT will therefore provide you with answers without taking into account the latest regulations. It is therefore essential to be vigilant and ensure that the responses provided by ChatGPT always comply with the latest rules.

Obviously, it is much simpler and more judicious to rely on your accountant  on these subjects.

Generic answers, not adapted to your specific situation

Another limitation of ChatGPT that must be taken into account is that it is not capable of adapting its response to your particular situation . This seems obvious, but it still needs to be emphasized.

If you ask a simple question about accounting , like " what is working capital " or " what is a balance sheet for? " you will certainly get a valid answer.

On the other hand, if your objective is to consolidate your growth , optimize your cash flow , raise funds  or develop internationally , the response provided will never be able to integrate the specificities and challenges of your business.

Here too, to benefit from personalized advice  and with added value, it is better to ask your accountant such as Blendy .

How we use ChatGPT at Blendy

Despite these limitations, ChatGPT does offer some interesting features. At Blendy for example, we now use it to automate note-taking .

Thus, during our monthly meetings  with our clients, this automated note-taking allows us to ensure effective monitoring of discussions and decisions taken during our client meetings.

In short, even if ChatGPT is a truly stunning technology, it cannot replace the high value-added advice provided by your accountant such as Blendy .

Indeed, the services offered by Blendy, a digital accounting firm , are based on the expertise of a team of accounting professionals, who are able to offer you personalized support  and tailored to your specific needs.

To find out more about the advantages and limitations of ChatGPT and the high value-added services offered by Blendy , make an appointment with our co-founder , who will tell you everything!

Discover now how we use apps and technology to accelerate your financial management!

With  Blendy , French digital accountant take advantage of digital accounting to accelerate your finance process and develop your business.

Pennylane ,  Dext ,  QuickBooks and Stripe  experts, we support digital and IT service companies, e-Commerce, SaaS, SMBs, in France and internationally.


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