Ep080: When AI Meets Accounting - How Sage is Transforming Business Software

From cost management to practical implementation, Sage's Amaya Souarez shares invaluable insights on building AI-powered business tools that deliver measurable value to customers.Topics Include:Amaya Souarez introduced as EVP Cloud Services at SageOverview of Sage: offers accounting, finance, HR and payroll tech for small businessesCompany emphasizes human values alongside technology developmentAmaya oversees core cloud services and operations across 200+ productsSage Co-Pilot announced as new AI assistant – helping automate invoicing and cash flow managementCommon misconceptions with Generative AIAI solutions aren’t always solution to every problemCompares AI hype to previous blockchain enthusiasmEmphasizes starting with clear use cases before implementationDifference between task-based and reporting-based use casesPartnering with AWS to build accounting-specific language modelsDifferent accounting terminology varies by countryUsing AWS Bedrock and Lex for a domain-specific language model developmentMultiple AI models may be needed for single solutionCustomer feedback drives project funding decisionsAI development integrated into regular product roadmapsFocus on reducing cost per user for AI featuresSuccess story: reducing 20-hour task to 5 minutesTracks AI usage costs per customer interactionEarly Gen AI hype caused confusion in the marketPlans to make domain-specific models available via APIWill offer language models on AWS MarketplaceEmphasizes practical AI application over blind implementationParticipants:Amaya Souarez - EVP Cloud Services and Operations, SageSee how Amazon Web Services gives you the freedom to migrate, innovate, and scale your software company at https://aws.amazon.com/isv/

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