New LaunchMay 12, 2026, 09:01 AM
Progress Software Releases State of Accounting 2026 Report
AI Summary
Progress Software announced the release of its State of Accounting 2026 report, revealing that U.S. accounting professionals are rapidly adopting AI and automation. Despite high job satisfaction (98%), the profession faces significant challenges from fragmented systems, inefficient workflows, and tool sprawl, which limit productivity and consistent client experiences. The report highlights that while 84% use AI, efficiency gaps persist, with 75% reporting too many workflow steps and 61% citing insecure document exchanges.
Key Highlights
- 98% of accountants love their work, citing problem-solving and stability.
- 75% of accountants say workflows involve too many steps; 57% lack efficiency.
- Client experience is a top priority for 97% of individual accountants and 98% of firms.
- 84% of accountants currently use AI for tasks like document summarization and security.
- 98% need technology to streamline processes, but 61% are slowed by tool sprawl.
- Only 24% of work is largely automated, despite 97% believing automation enhances client experience.
- 61% of accountants report document exchanges are not secure enough.
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