Lili, an online business banking platform focused on the US small and medium-sized business sector, recently unveiled a new Model Context Protocol (MCP) server to assist accountants in securely linking compatible AI assistants to client-authorized banking data. The offering allows accounting professionals who are handling multiple clients to easily perform tasks by obtaining, examining, and making decisions based on financial data without needing to change systems or prepare reports manually. Using AI-based workflows occurring regularly, accounting professionals are able to identify outstanding bills, late invoices, low balances, and other significant financial aspects using banking data that is always updated, which enables them to take preventive measures for cash flow problems by way of intervention through the necessary steps before negativity sets in.
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Through a combination of AI and up-to-date financial data, Lili is putting accountants in a position to shift from performing only bookkeeping tasks to business guidance on a strategic level. “Accountants have always been trusted partners to small business owners, but the expectations around that role are changing,” said Lilac Bar David, Co-founder and CEO of Lili. “By connecting AI tools to Lili’s banking data through our MCP server, accountants can move faster from financial data to strategic guidance, strengthening the value they bring to their clients.” The launch further expands Lili’s support for accounting firms through integrated financial tools and AI-enabled workflows.
