Ascend Partners with InCite for AI-Powered Accounting Automation

Ascend has been named the Preferred Accounting Automation provider by InCite Performance Group, enhancing AI-driven financial operations for insurance agencies.

Ascend has been named the Preferred Accounting Automation provider by InCite Performance Group, as announced in a press release. This partnership aims to enhance the financial operations of insurance agencies by leveraging Ascend's AI-powered platform for direct bill reconciliation.

InCite, known for its strategic consulting and coaching services, will utilize Ascend's technology to streamline back-office operations for its members. The collaboration focuses on automating the processing and reconciliation of direct bill commission statements, allowing agencies to shift focus from manual tasks to strategic client-facing roles.

Ascend's platform automates low-value repetitive tasks, providing financial insights and treasury management to improve profitability for insurance businesses. Andrew Wynn, co-CEO of Ascend, expressed enthusiasm about the partnership, highlighting its potential to drive innovation and modernization within the industry.

We hope you enjoyed this article.

Consider subscribing to one of several newsletters we publish like Finance AI Weekly.

Also, consider following our LinkedIn page AI in Finance.

Subscribe to Daily AI Brief

Daily report covering major AI developments and industry news, with both top stories and complete market updates