AI Accounting in Action: How a UK Firm Achieved 4× Efficiency with Fiskl.AI
A Real-World Case Study in AI Accounting Efficiency
A 360-person London accounting firm serving SMEs used Fiskl.AI to automate 80% of its accounting workload. Within 18 months it saved over 9,000 hours, achieved 3–4× efficiency, and reached payback in 9–12 months. The firm expanded advisory capacity without hiring by letting Fiskl’s AI core handle transactional work and reconciliation.
The Challenge — Manual Work, Shrinking Margins
Senior accountants were fixing ledgers instead of advising clients.
- Multi-currency reconciliation delays
- Rising software costs for global clients
- Reporting bottlenecks limiting responsiveness
- No capacity for growth without more staff
Each unreconciled day delayed advisory revenue and eroded profitability.
The Solution — Accounting Intelligence with an AI Core
Fiskl.AI is the accounting intelligence platform. Its AI core understands accounting, automates categorisation and reconciliation, and keeps every ledger decision-ready in real time.
- AI transaction processing replaced manual categorisation and tax mapping.
- AI reconciliation matched internal transfers across multiple currencies.
- Fi Advisor enabled real-time queries and scenario explanations.
With contextual intelligence, every transaction is connected to its business meaning across entities, accounts, and periods.
Results
| Metric | Before Fiskl | After Fiskl | Change |
|---|---|---|---|
| Transaction automation | < 20% | ~80% | +60 pts |
| Reconciliation accuracy | 85% | 99% | +14 pts |
| Report turnaround time | 10 days | 4 days | –60% |
| Annual hours saved | — | 6,500–9,500 hrs | + capacity |
| Routine client queries | — | –30–40% | ↓ workload |
| Advisory fee uplift | — | +10–15% | ↑ revenue |
| Efficiency multiple | — | ~3–4× | ↑ ROI |
| Payback period | — | 9–12 months | Full ROI |
Automation grew from 58% to ~80% over 18–20 months. Saved time was redirected to higher-value advisory work, strengthening retention and margins.
What Changed
- Efficiency multiplied — seniors were freed from repetitive work.
- Margins expanded — advisory output grew 10–15% without new hires.
- Reporting accelerated — close time cut from 10 days to 4.
- Client experience improved — routine queries dropped up to 40%.
“We achieved near 80% automation in under two years and doubled advisory output without hiring. Fiskl’s AI core handled the accounting load — our people focused on insight.”
— Senior Partner, London
Why It Matters
Mid-tier firms can achieve enterprise-grade automation without enterprise overhead.
- 3–4× ROI in ~12 months
- 80%+ automation of transactional accounting
- 60% faster reporting
- Advisory capacity expanded without hiring
Recognized and Trusted
Fiskl.AI is recognized by Fast Company and The Europas and supported by KPMG Emerging Giants. Partners include J.P. Morgan Chase, Revolut, Airwallex, Stripe, and GoCardless. Fiskl is IFRS and GAAP compliant with explainable, audit-traceable automation.
Ready to See It in Action?
Firms like yours are saving thousands of hours a year, achieving 190% ROI in year one, and increasing capacity by 12%+.
Book a 15-minute demo or request a meeting:
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