Accounting software giant Xero has revealed the launch of XeroForce. This is a new artificial intelligence agent builder for small businesses and accounting professionals. It automates repetitive accounting and other business processes without the need for advanced coding skills.
With the launch of XeroForce, the company takes yet another step to expand its AI capabilities within the accounting field.
What Can XeroForce Do?
XeroForce is an AI-based no-code/low-code workflow automation tool. It allows the creation of customized AI agents based on natural language instructions.
Based on the description by the company, with XeroForce, small businesses and accounting specialists will be able to automate tasks like:
- Invoicing
- Payment tracking
- Financial reporting
- Banking reconciliation
- Communication workflows
- Bookkeeping and other data entry processes
The solution makes it possible to eliminate the need for creating manual automation scripts by simply describing your requirements in everyday language. Then, it produces automated workflows. Additionally, it creates AI agents capable of handling assigned tasks.
Xero Grows AI Ecosystem
As we know, the announcement of XeroForce is part of a bigger picture related to the recent introduction of JAX – AI financial assistant for Xero by the same company.
JAX uses conversational AI technology to simplify accounting processes through natural language interactions.
Xero’s aggressive approach to building up AI-based accounting solutions began last year. This approach made the company one of the leaders in AI accounting.
According to the company, its AI system is intended to achieve three primary goals:
- Eliminate unnecessary repetitive administration
- Improve financial accuracy
- Facilitate better decision-making process
Xero also emphasized that human control remains crucial when working with sensitive information like accounting data and other financials.
Natural Language AI for Everyone
Accessibility is another strong point of XeroForce AI.
As we mentioned before, traditional automation tools usually require some basic knowledge about coding or specific software setup procedures. In contrast, XeroForce utilizes conversational AI technology. This makes it possible to build automation tools even for people who have never had anything to do with programming.
This trend is called agentic AI and implies the ability to understand the purpose of actions and perform them in different business systems without human involvement.
XeroForce AI also works together with all available applications within the Xero ecosystem, including finance management and banking.
AI Takes Over Accounting
During the past year, adoption rates of AI-based accounting tools soared among various companies. As reported by Xero, a significant portion of its clients already use different AI-powered features provided by the company.
It happens because the accounting sector increasingly turns to AI to solve various issues like talent shortage, complex compliance requirements, rising expenses, and other obstacles. These obstacles prevent fast and efficient work.
Thanks to automation, AI-based tools might facilitate accountants’ activities. This allows them to provide advice and consult their clients rather than focusing on boring and repetitive accounting work.
Why Is It Important?
Launch of XeroForce proves the fact that modern businesses tend to move from traditional software platforms to more sophisticated AI-native business ecosystems. In these ecosystems, automation, conversation interfaces, and agentic AI become integral elements of business processes.
Contrary to a typical chatbot, XeroForce stands for creating a whole new type of AI solution. This solution is able to coordinate work across all necessary departments like accounting, logistics, customer management, etc.
More sophisticated AI-based business solutions might change business accounting practices dramatically during the next several years.
Due to the high level of automation required for efficient operation, AI might become inevitable for small businesses. This is especially true for those struggling with resource shortages and operational costs in the nearest future.
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