Owlfy for Accounting Firms
75% of Finance Teams Projected to Use AI by 2026
Roughly 75% of finance teams are projected to use AI in their close by 2026, up from just 20–25% in 2023 — a shift driven largely by how repetitive a client-by-client close actually is. Firms running the same reconciliation, conversion, and filing steps across dozens of clients, one client at a time, are the ones with the most to gain from collapsing that repetition.
Owlfy replaces that manual, client-by-client close process with one instruction that converts, reconciles, and files across every client's files at once, instead of repeating the same steps client by client.
Key Metric
75% of Finance Teams Projected to Use AI by 2026
Why This Industry
Accounting firms run on periodic close cycles — monthly, quarterly, and tax season — where the same reconciliation and filing steps repeat across every client's book set on the same tight window. That repetition, multiplied by client count, is exactly where batch processing pays off most: the same instruction that reconciles one client's statements scales to every client at once.
As practice management accounting software goes, Owlfy focuses specifically on the document work inside the close — reconciliation, redaction, and filing — rather than the full practice-management stack a firm runs on top of it.
Real-Life Ways Accounting Firms Use Owlfy
Reconciling transactions across a batch of monthly client statements, instead of statement by statement.
Redacting sensitive account details before sending files to a regulator, across the whole batch at once.
Converting a folder of receipts to a structured expense report, without manually itemizing each one.
"Automated Processing"
Features This Industry Uses
The close runs on the workflow automation behind reconciliation — convert, reconcile, redact, and file, sequenced across every client at once. Two roles pick up directly from that sequence — see how audit and bookkeeping teams use this for the close-cycle work specifically, and how AP/AR work feeds the close for what happens upstream, before reconciliation starts.
Who This Is For
This page is built for accounting firms handling client books, statements, tax documents, and engagement letters against close standards and engagement-documentation requirements, on a monthly/quarterly close plus tax-season cadence — taking in each client's files, reconciling across the book set, and producing the deliverable package.
See it in action.
Try Owlfy today and experience the difference.