The top-20 accounting firm has entered into a strategic testing partnership with Inflo, a specialist in artificial intelligence and machine learning, in order to improve the technical offering for clients
The firm, an independent member of Baker Tilly International, has with others in the group collaborated in an evaluation process to test and put into practice Inflo’s suite of workflow, data analytics and artificial intelligence (AI) technologies. These tools can now be used by assurance, tax and consulting teams across the firm and the wider Baker Tilly International network.
Inflos tools are ‘designed by accountants, for accountants’, with a view to ‘delivering unmatched depth of analysis and unique business insights’ and transforming the value of accountancy services to clients.
Head of audit at MHA MacIntyre Hudson, Andrew Moyser, said: ‘Maximising the use of emerging technologies is essential for any future focused accountancy firm and we are extremely pleased to be working with Inflo. Our partnership has already enabled us to enhance our audit services, and the insight that it provides will be a benefit to clients across our firm.”
‘Choosing Inflo as our strategic partner demonstrates the effectiveness of the Baker Tilly International network in driving innovation,’ said Adam Grainger, chief information officer at Baker Tilly International. ‘We set out to investigate how our members as a collective could leverage the strength of the network to harness the power of emerging technologies such as advanced data analytics, machine learning and AI.
‘Inflo’s revolutionary technology allows member firms to begin embracing next-generation capabilities in a flexible and practical way, supported by domain experts. This is an exciting partnership that will support further development of a broad range of services across various service lines and introduce new service capabilities to member firms.’
Inflo CEO and President Mark Edmondson said: ‘Emerging technologies present incredible opportunities for accounting firms, though such capabilities rely on significant volumes of structured and reliable data. Through the common adoption of our technology, and by becoming part of the broader Inflo community, clients worldwide can expect a consistently excellent experience working with Baker Tilly network firms.’
Expanding its partnership agreements, MHA has entered into a new referral agreement with Cazana to provide its motor sector clients and network with access to vehicle valuation services.
Report by James Bunney