Ascend Partners with InCite for AI-Powered Accounting Automation

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.