What's Happening?
Baker Tilly, a top 25 accounting firm, has launched a new AI platform called Collaborative AI, designed specifically for middle market clients. This platform aims to integrate AI into company workflows to capture institutional knowledge, reduce onboarding time, and empower employees to solve problems independently. The solution is designed to be secure, operating within a private chat environment inside the company's firewall, and is capable of managing large volumes of data. It is program agnostic, meaning it can work with industry-standard platforms, and is supported by Baker Tilly professionals who will guide businesses through the integration and ongoing data management processes.
Why It's Important?
The introduction of Collaborative AI by Baker Tilly represents a significant step in the integration of AI into business operations, particularly for middle market companies. By capturing and utilizing institutional knowledge, companies can reduce training costs and improve efficiency. This platform not only provides technological solutions but also includes a service component, ensuring that businesses can effectively identify and implement AI use cases tailored to their specific needs. This could lead to enhanced productivity and competitive advantage for companies that adopt this technology.
What's Next?
Baker Tilly plans to continue supporting its clients by evolving the Collaborative AI platform alongside their growing AI expertise. As businesses become more familiar with AI capabilities, they may discover new applications and efficiencies, potentially leading to further innovations in their operations. The firm's professionals will remain involved in guiding clients through these developments, ensuring that the AI solutions remain relevant and effective.
