Synder's 2025 Accounting AI Report Highlights Gaps in Adoption and Effectiveness
On June 12, 2025, Synder, a leader in AI-driven accounting automation, announced the release of its latest report titled '2025 Emerging Trends in Accounting AI Progress, Pitfalls, and the Path Ahead.' This report compiled insights from a survey conducted with 424 senior finance leaders across mid-market and enterprise-level e-commerce and SaaS companies in the United States. The findings illuminate a dual narrative — while there's considerable optimism surrounding AI's role in transforming accounting practices, obstacles persist that hinder widespread implementation.
A striking 97% of surveyed executives acknowledge the tangible benefits of AI in their operations. Yet, despite this recognition, only 62% reported having successfully implemented AI solutions on a large scale. Among the listed barriers to effective adoption are fragmented systems, skill shortages, and limited integration capabilities. However, companies making strides in aligning their infrastructure with AI technologies reported notable improvements, including faster financial closing times, enhanced forecasting accuracy, and better-enabled decision-making processes.
Michael Astreiko, Synder's CEO, emphasized the need for a strategic approach to adopting automation technologies. 'AI in accounting has shifted from theoretical discussions to practical applications,' he stated. 'However, merely integrating these solutions doesn't guarantee a return on investment. The businesses that excel are those that view automation as an essential component of their infrastructure and prioritize ongoing employee education and seamless system integrations.' He pointed out that specific areas of accounting, like reconciliation, demand an exceptional level of precision that neither manual intervention nor AI systems can currently provide without robust software assistance.
Key takeaways from the report include:
1. Efficiency Gains: Automation has been credited with saving over eight hours per employee each month. Nevertheless, about 25% of teams are not leveraging this saved time for more strategic, high-value tasks.
2. Speedy Closures: More than half of the accounting teams surveyed were able to compress their month-end closing cycles by three to five days, while 65% noted improvements in the accuracy of their financial forecasts.
3. Challenges with Integration: A significant 62% of respondents reported issues integrating various tools, underscoring the necessity of creating a unified ecosystem instead of relying on disparate platforms.
4. Training Shortfalls: Only 25% of organizations are investing in training programs, and a mere 19% have automated complex tasks, such as financial trend analysis.
5. SaaS Subscription Dilemmas: An overwhelming 91% of SaaS teams indicated that their current tools failed to support comprehensive revenue recognition practices related to subscription services.
6. Underutilization of LLMs: Although more than 50% of respondents have begun using large language models (LLMs) for reporting, under 20% are utilizing these models for forecasting or strategic decision-making.
This comprehensive report is primarily aimed at CFOs, controllers, and financial leaders looking to spearhead transformative efforts within their finance functions. Those interested can download the full report via the Synder website.
About Synder:
Synder is dedicated to enhancing the modern accounting landscape for retail, e-commerce, and SaaS businesses, facilitating improvements through automation of transaction syncing, reconciliation processes, rapid month-end closings, and ensuring compliance with GAAP standards for subscription revenue recognition. With roots tracing back to YCombinator S21 and AICPA Startup Accelerator programs, Synder integrates seamlessly with platforms like QuickBooks, NetSuite, Xero, and Sage Intacct alongside over 30 other payment and sales services. To learn more about Synder and its offerings, visit www.synder.com.
A striking 97% of surveyed executives acknowledge the tangible benefits of AI in their operations. Yet, despite this recognition, only 62% reported having successfully implemented AI solutions on a large scale. Among the listed barriers to effective adoption are fragmented systems, skill shortages, and limited integration capabilities. However, companies making strides in aligning their infrastructure with AI technologies reported notable improvements, including faster financial closing times, enhanced forecasting accuracy, and better-enabled decision-making processes.
Michael Astreiko, Synder's CEO, emphasized the need for a strategic approach to adopting automation technologies. 'AI in accounting has shifted from theoretical discussions to practical applications,' he stated. 'However, merely integrating these solutions doesn't guarantee a return on investment. The businesses that excel are those that view automation as an essential component of their infrastructure and prioritize ongoing employee education and seamless system integrations.' He pointed out that specific areas of accounting, like reconciliation, demand an exceptional level of precision that neither manual intervention nor AI systems can currently provide without robust software assistance.
Key takeaways from the report include:
1. Efficiency Gains: Automation has been credited with saving over eight hours per employee each month. Nevertheless, about 25% of teams are not leveraging this saved time for more strategic, high-value tasks.
2. Speedy Closures: More than half of the accounting teams surveyed were able to compress their month-end closing cycles by three to five days, while 65% noted improvements in the accuracy of their financial forecasts.
3. Challenges with Integration: A significant 62% of respondents reported issues integrating various tools, underscoring the necessity of creating a unified ecosystem instead of relying on disparate platforms.
4. Training Shortfalls: Only 25% of organizations are investing in training programs, and a mere 19% have automated complex tasks, such as financial trend analysis.
5. SaaS Subscription Dilemmas: An overwhelming 91% of SaaS teams indicated that their current tools failed to support comprehensive revenue recognition practices related to subscription services.
6. Underutilization of LLMs: Although more than 50% of respondents have begun using large language models (LLMs) for reporting, under 20% are utilizing these models for forecasting or strategic decision-making.
This comprehensive report is primarily aimed at CFOs, controllers, and financial leaders looking to spearhead transformative efforts within their finance functions. Those interested can download the full report via the Synder website.
About Synder:
Synder is dedicated to enhancing the modern accounting landscape for retail, e-commerce, and SaaS businesses, facilitating improvements through automation of transaction syncing, reconciliation processes, rapid month-end closings, and ensuring compliance with GAAP standards for subscription revenue recognition. With roots tracing back to YCombinator S21 and AICPA Startup Accelerator programs, Synder integrates seamlessly with platforms like QuickBooks, NetSuite, Xero, and Sage Intacct alongside over 30 other payment and sales services. To learn more about Synder and its offerings, visit www.synder.com.
Topics Business Technology）
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