Baker Tilly International, which counts UK independent accountants group MHA MacIntyre Hudson among its members, has entered into a strategic partnership with high growth fintech company Inflo, in a move that is set to transform client experience across the global accountancy network.
Following a collaborative evaluation process by many of Baker Tilly International’s largest member firms, the network considers that Inflo’s pioneering workflow, data analytics and artificial intelligence (AI) technology can be utilised by assurance, tax and advisory teams across the network. The continued testing partnership will further enhance the use of this new technology across all service lines.
Designed by accountants, for accountants, Inflo is transforming the value proposition of accountancy services, delivering new methods of analysis and unique business insights.
“Choosing Inflo as a strategic testing partner demonstrates the effectiveness of the Baker Tilly International network in driving innovation,” said Adam Grainger, Chief Information Officer at Baker Tilly International. “We set out to investigate how our members as a collective could leverage the strength of the network to harness the power of emerging technologies such as advanced data analytics, machine learning and AI.
“Inflo’s revolutionary technology allows member firms to begin embracing next-generation capabilities in a flexible and practical way, supported by domain experts. This is an exciting partnership that will support further development of a broad range of services across various service lines and introduce new service capabilities to member firms.”
Inflo CEO and President Mark Edmondson said: “Baker Tilly International has taken a unique approach in collaboratively tackling key technology challenges facing the accounting profession. We are delighted at their decision to name Inflo as a global Strategic Testing Partner with a view to developing service offerings across their business.
“Emerging technologies present incredible opportunities for accounting firms, though such capabilities rely on significant volumes of structured and reliable data. Through adoption of our technology, and by becoming part of the broader Inflo community, clients can expect an excellent experience working with Baker Tilly International firms.”