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Netgain's Second Annual Accounting Summit: A Leap into AI-Driven Accounting

On June 18, 2026, over 200 accounting professionals converged in Denver for the much-anticipated Second Annual Netgain Accounting Summit. This year's theme emphasized a pivotal shift in the accounting world: it is no longer about whether to use AI, but rather how to harness its full potential effectively. With AI revolutionizing workflows, Netgain showcased innovations aimed at making accounting more efficient and intuitive than ever.

A Groundbreaking Keynote

The summit kicked off with a compelling keynote from Adam Riches, CPA, CEO, and Founder of Netgain. He highlighted how the landscape of accounting has evolved drastically over the years with advancements in technology. Riches stressed that accountants can now focus on high-value tasks rather than push paper endlessly through outdated processes.

One of the most exciting announcements from the summit was the preview of Netgain's new AI-native Consolidation Engine. This cutting-edge tool is tailored to simplify the notoriously complex task of consolidating financials. Traditionally, consolidations have been a painful process reliant on cumbersome spreadsheets. With the launch of this new engine, Netgain aims to eliminate those tedious workflows, offering accountants more time to leverage their expertise where it matters most.

Product Development and Community Involvement

Netgain is committed to developing products that genuinely address accountants' needs. The team emphasized the importance of collaboration, inviting attendees to be part of beta testing for the Consolidation Engine. This engagement is crucial in ensuring that the product meets the practical requirements of its users.

Chis Miller, CPA, MBA, and SVP of Product Strategy at Netgain, elaborated on the difficulties many accounting teams face regarding consolidations, such as complex ownership structures and high subsidiary counts. He shared, "Consolidation remains one of the last areas where teams still rely heavily on spreadsheets, leading to inefficiencies at each turnaround. Our solution aims to tackle these challenges head-on."

Practical Learning and Exchange of Ideas

In keeping with the summit's goal of providing actionable insights, attendees participated in a variety of sessions directed by industry experts. These discussions were rich in tactics that professionals could implement immediately, covering critical areas such as optimizing monthly closings, enhancing financial workflows, and making the most of AI tools in practice.

The summit also provided ample opportunities for peer-to-peer networking. Roundtable discussions facilitated candid conversations among leaders about navigating challenges like scaling operations through acquisitions and effectively applying AI in accounting tasks. This interaction fostered a community of shared experiences and strategies, highlighting the importance of learning from one another.

Inspirational Closing

The event was brought to a close with a motivational address from Olympic gold medalist Connor Fields. His inspiring journey through adversity resonated with many attendees, symbolizing the resilience and growth potential that the accounting profession holds today.

Nathan Smart, CPA, and President of Netgain, reflected on the meaningful connections made during the summit, stating, "It’s a rare opportunity for accountants to step away from their daily grind and exchange insights with their peers. This kind of dialogue is invaluable."

Looking Ahead to 2027

As the summit concluded successfully, Netgain has already begun planning for its next event in 2027. The buzz generated this year indicates a promising future for the accounting community, where discussions on leveraging AI will continue to lead the charge. Additional details regarding the next summit's dates, location, and registration will be shared in due course.

Appreciation to Sponsors

Netgain expressed profound gratitude to this year's sponsors, including RSM, CrossCountry Consulting, and others. Their support underscores the vibrancy of the accounting community, making such impactful events possible.

About Netgain

Netgain stands at the forefront of empowering accounting teams. Through advanced technology and automation, the company helps eliminate inefficiencies, allowing professionals to focus on strategic financial decisions backed by accurate insights. As the accounting horizon broadens, Netgain remains dedicated to leading the way with innovative solutions that redefine the industry.

Conclusion

In an era where technology and traditional practices converge, Netgain's commitment to improving the profession through AI innovations and collaborative engagement ensures a bright and efficient future for accountants everywhere.