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The chatbot revolution is in full force, but Sage said it is the first to pull cloud-based SME accounting into the trend. The firm said Wednesday (Jan. According to the company, Sage now has more than 20,000 Pegg users just six months after it released the bot. New research from the cloud accounting company, also released Wednesday, found that about half of SMEs are looking to operate their businesses using artificial intelligence and bot technology. Sage North America Executive Vice President Nancy Harris said this trend is just part of the overall progress small business accounting technology has made.
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Analysis on Strategies of Leading Players: Market players can use this analysis to gain competitive advantage over their competitors in the Artificial Intelligence for Accounting market. Study on Key Market Trends: This section of the report offers a deeper analysis of the latest and future trends of the Artificial Intelligence for Accounting market. Market Forecasts: Buyers of the report will have access to accurate and validated estimates of the total market size in terms of value and volume. The report also provides consumption, production, sales, and other forecasts for the Artificial Intelligence for Accounting market. Regional Growth Analysis: All major regions and countries have been covered in the report.
Sage has integrated its Pegg chat bot with Sage One, adding artificial intelligence technology to the company's cloud-based accounting software. The U.K.-based company is launching the capability in the U.S. first before marketing it in other countries. Sage showed off the technology last year during its Sage Summit conference in Chicago (see Accounting bot launched at Sage Summit). The bot, developed in collaboration with Gupshup, a San Francisco-based developer, uses AI technology to provide a "virtual accounting assistant." Pegg allows users to submit expenses and track receipts, and see who is late on paying an invoice, via mobile messaging apps such as Facebook Messenger and Slack.