Technology

Small businesses are using AI tools to reduce time spent on tasks including drafting correspondence, summarising documents, generating first drafts of reports and proposals, transcribing meetings, and managing routine customer enquiries. The tools are widely available and many have free or low-cost tiers. The main limitations are accuracy, data privacy considerations, and the need for human review of outputs. The ICO has published guidance on using AI tools in a business context.

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Running accountancy practices, bookkeeping businesses, and financial planning firms. From compliance to advisory services.

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