Can AI battle the Great Resignation in accounting? A discussion with Simon Langlois

Accounting Leaders Podcast

English - May 18, 2022 16:37 - 34 minutes - 77.9 MB - ★★★★★ - 3 ratings
Management Business accounting leadership accountant accountants accounting firm stuart mcleod Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Post-pandemic work-life, Pomodoro, and the future of technology with Jeremy Hyman

Next Episode: From serving tables to building a leading accounting integrations system with Martin Chee

Simon is the CEO and Co-Founder of Stamped Technologies, a tech-enabled audit firm focusing on year-end compliance services that leverage technology, purposely built AI, and seasoned CPAs. In this episode, Simon and Stuart discuss the technological advancements in the accounting industry, Simon’s career journey, and the story of Stamped. They deep-dive into the application of AI in the industry and how Simon sees the development of Stamped in the future.

Together they discuss:

Simon’s background (1:00)Simon’s experience playing American football (2:30)First job at PwC (6:00)The story of finding Stamped (9:00)Roadblocks for further advancement in the accounting industry (13:00)The gap in skillset in the industry (15:30)Experience as a founder of an accounting software company (18:00)Ensuring accuracy and correctness of a model and learning systems (19:50)Employee count at Stamped and plans for the future (21:20)White-labeling Stamped into other firms (23:30)The Canadian accounting industry (24:50)Expansion and competitive landscape in North America (27:40)What’s next for Stamped (29:20)Exit plan (31:00)