Pixie, the UK-based accounting software company, is previewing its latest feature designed to streamline accounting processes using AI AutoGPT. Pixie Co-pilot, created using the latest in artificial intelligence technology, is set to revolutionise how accountants manage their daily work and communicate with clients.
Leveraging GPT-4, a powerful language model developed by OpenAI, the co-pilot tool can process and understand client queries and prepare responses for user review in real-time. This means that accountants will no longer have to spend hours trawling through complex accounting software, as the co-pilot tool is able to quickly and easily retrieve the information they need and prepare an accurate response for them.
"Accountants have told us one of their top client management challenges is dealing with the huge variation of client queries. These can range from simple tax return requests to double-taxation rules. In 90% of these requests, collecting information and preparing a good response is quite time-consuming. Our co-pilot feature will change the game for accountants," said Pixie CEO Celso Pinto.
"It processes these inbound client queries and leverages the data inside Pixie to provide accurate responses in an instant. It’ll then ask the accountant to review the response for accuracy before sending it to their clients. It even picks up the tone of voice of the particular user when generating the replies. We're thrilled to raise the bar for practice management software and offering this innovative tool to our customers. We're confident it will become an essential part of their toolkit."
Pixie Co-pilot will be rolled out to Pixie customers throughout the year. It will be accessed through the Pixie platform and is designed to be intuitive and easy to use. It uses OpenAI’s core platform that ringfences customer data and excludes it from being used to train OpenAI models.
"We believe that Pixie Co-pilot tool is just the beginning," added Pinto. "As AI technology continues to evolve, we're excited to see how it can be used to make the lives of accountants even easier."