Thanks to AI, You Can now Create Automations in Power Automate by Simply Describing Them

Here and now! 📨The most-clicked articles from the Accounting Apps newsletter📧 during w/c 23.10.22:

Thanks to AI, You Can now Create Automations in Power Automate by Simply Describing Them | (TechCrunch)

Power Automate, Microsoft’s Power Platform service that helps users create workflows between apps, is getting new AI smarts. During its Ignite conference, Microsoft rolled out capabilities powered by OpenAI’s Codex, the code-generating machine learning system underpinning GitHub Copilot. Starting today (in public preview), Power Automate users can write what they want to automate in natural language and have Codex generate suggestions to jumpstart the flow creation. It’s Microsoft’s latest move to more tightly integrate the various technologies from OpenAI, the San Francisco AI startup in which it has invested $1 billion, into its family of products. 

15 Ideas to Measure Remote Team Productivity | (GlassCubes)

Remote work has become a staple in the business world, a fact that’s not surprising when you consider how beneficial it is for both employees and employers. Employees don’t have to worry about commuting, they gain location independence, and are in a better position to improve their work-life balance. Meanwhile, employers gain access to a larger talent pool, benefit from happier and more engaged employees, and even lower their operating costs. In fact, research-based consulting firm Global Workplace Analytics estimates that a typical U.S. business can save an average of $11,000 per half-time telecommuter per year.

Daily Summary: Easier Accounting for E-commerce Business Owners| (Synder Blog) 

Running out of cash is one of the major reasons about 20% of e-commerce businesses fail during the first year (and by the fifth year, the percentage rises to about 50%). Accounting – the backbone of any business – is a key to understanding a business’s cash flows and the language a business speaks to the owner. That’s why business owners must control their accounting and understand how the money moves through their business to be aware of how it performs and make informed decisions.

How to Present Your Pricing to Clients – and Have Them Say ‘Yes’ | (Panda Doc) 

Pricing is a key element of your communication with customers, and as such needs to be a central part of your dialogue with them. Hiding your prices or being uncomfortable when you need to discuss them with clients will affect your capacity to make a sale. This means it’s uniquely important to get the pricing right consistently and to use the proper tactics to present your prices to different audiences and decision-makers. This article talks about the ins and outs of successful pricing discussions and explains how you can present pricing to clients without risking losing a deal.

An Accountants Guide to Successful Document Management | (Canopy) 

Document management is a core element of every accounting project, but it can quickly become a headache if you don’t have a good system in place. Here are a few key things to keep in mind as you create your document management strategy. Keeping client data secure is crucial to your accounting firm’s success. Follow these steps to make your document management system more robust.

Which one of these highlights have you enjoyed the most during this week?