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Cegid Drives Accounting Transformation with AI

Accounting is entering a new era, with Artificial Intelligence and digitalization reshaping how accountants work. Tiago Costa Lima, Product Director for SMEs and Accounting Firms at Cegid in Portugal and Africa, explains how Cegid Business is empowering accountants to move from operational tasks to strategic advisory roles.

Cegid’s AI Center of Excellence in Portugal develops intelligent agents that automate routine work and support strategic decision-making:

- Tasker Agents – handle repetitive tasks like document extraction, validation, and movement categorization.

- Automator Agents – orchestrate processes such as monthly closings, reconciliations, and inventory checks.

- Collaborator Agents – act as strategic partners via text or voice, aiding reporting and analysis.

By automating up to 75% of repetitive tasks, accountants can: manage up to three times more clients, perform monthly closings five times faster, and monitor transactions in real time. Advanced features like cash flow forecasting and tax optimization reinforce their role as true strategic partners.

Looking ahead to 2030, Cegid predicts three phases of AI adoption in accounting:

- Phase 1 (2025-2026): Hybrid teams with intelligent agents reduce routine tasks by 60%.

- Phase 2 (2027-2028): Agentic-first offices automate up to 90% of processes and adopt value-based pricing.

- Phase 3 (2029-2030): Smart ecosystems emerge, with automatic compliance and predictive continuous audits.

Cegid is positioning Portuguese accountants at the forefront of this transformation, combining AI, cloud technology, and strategic insights to create a hybrid and intelligent future for the industry.