Estateably unveils a new feature for accountants, streamlining estate finances with AI and automation
Estateably, a provider of cloud-based estate and trust administration technology, has introduced a new feature tailored specifically for accountants managing estate finances.
This accounting-focused feature, driven by AI and automation, aims to streamline estate accounting processes, allowing accountants to handle financials, court-formatted documentation, and compliance demands more efficiently.
The application reduces the administrative load on accountants by automating routine tasks, thereby minimizing the risk of human error, and enabling them to concentrate on high-value activities such as strategic advising, tax planning, and engaging more personally with clients.
Ari Brojde, co-founder, and CEO of Estateably, explained the rationale behind the new offering, stating, “Our new offering for accountants is a direct response to the growing demand for smarter, user-friendly estate management tools.”
“By digitizing and automating tedious aspects of estate accounting, we empower accountants to exceed their clients' evolving expectations, especially in managing the unprecedented $129tn wealth transfer from baby boomers to their heirs.”
Estateably has expanded its comprehensive suite of tools with this latest feature, which is designed to support accountants' critical role during estate transitions.
Key elements of the new Estateably Accounting Solution include:
- Targeted Accounting Files: The feature introduces a specific file type dedicated to estate accounting, catering to professionals managing estate financials.
- Cost-Effective Solution: Priced at $179 per accounting file, this feature provides an economical option for accountants to focus primarily on accounting practices.
- Automated Forms and Letters: The solution includes categorized court forms and letters by file type, streamlining the documentation process.
- Streamlined for a New User Group: Tailored specifically for accountants, this feature fills a market gap by offering dedicated estate accounting tools without the complexities of full estate administration.
Chris Brockwell, director of Customer Success and Professional Services at Estateably, commented on the launch, saying, “This new feature delivers exactly what our users asked for—tools for professionals who are engaged in estate accounting but do not need to navigate the complexities of full estate administration.”
“We recognized the need for a more directed, accounting-specific product and are proud to offer a solution that enhances efficiency while reducing unnecessary expenditures.”
