Hey there,
I’m super excited to announce the launch of AI reporting — a game-changing new feature that allows you to access an up-to-date picture of your business finances from the moment you open Ember.
At Ember, our mission is to help a generation of business owners unlock their full potential.
To truly unlock that potential, we believe having access to an accurate, up-to-date picture of your business finances is absolutely essential.
Since launching the first version of Ember a few years back, we have helped thousands of business owners gain a more complete understanding of their finances by providing easy access to key insights—ranging from how much tax you owe to how much you can safely withdraw from your business.
However, until now, getting an up to date version of these insights, has required you to first fully review every transaction.
Over the past year, we have observed the rapid evolution of AI models and more recently we have been leveraging this progress to significantly enhance our own ability to predict the tax category of a given transaction.
We are still only at the start of this journey, but the improvements we are already seeing in both the coverage and accuracy of our predictions are what really form the foundation for AI Reporting.
This powerful new feature integrates transactions automatically categorised by Ember AI into your reports, alongside those you’ve already reviewed and categorised.
The result is a much more complete and current picture of your business finances, allowing you to make faster, more informed decisions about your business.
For any transactions we’re unsure of, we will of course still ask for your input to ensure the insights we provide accurately reflect your business’s position.
However, Ember AI is designed to continuously learn and improve as it gets to know your business better. While some initial input might be required, our ambition is for this to decrease over time, ultimately trending toward zero for most businesses and enabling a truly automated experience.
AI Reporting will be available to all Limited Companies today — we’re eager to hear your feedback! As you use it, you’ll see firsthand how Ember AI adapts to your needs, delivering a smarter, faster, and easier financial experience.
To enable it, check out our help article here.
We can’t wait to hear what you think.