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flag Xero unveils AI tool JAX updates to automate accounting tasks and offer insights for small businesses.

flag Xero, a cloud-based accounting software company, has introduced new features for its AI tool JAX, designed to automate routine tasks and provide actionable insights for small businesses. flag JAX, which learns how a business operates, automates tasks like bank reconciliations and data entry, and offers insights based on tax laws and market trends. flag The updates aim to meet the growing demand for AI in accounting, with 73% of Xero's users having utilized AI features since March.

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