AI Automation Report for Marcum

Marcum LLP is one of the largest independent public accounting and advisory firms in the United States, providing a full spectrum of traditional tax, audit, and assurance services alongside specialized advisory and consulting. They primarily target middle-market companies, high-net-worth individuals, and publicly traded entities across various sectors including real estate, healthcare, and technology. The business model is based on professional services, leveraging a massive workforce of specialized experts to handle complex financial and regulatory compliance. Marcum is a top-tier industry leader known for rapid growth through strategic acquisitions and a significant national footprint.

https://www.marcumllp.com
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Yearly Cost Savings
$8,335,355

potential annual savings

Yearly Time Savings
87,060

hours/year automatable

Processes Analyzed
8

business processes

8
Process Areas
11
Sub-processes
55
Automatable Tasks
0
Fully Autonomous

Your Automation Opportunity

By automating 55 tasks across 11 sub-processes in 8 process areas, you could save approximately 87,060 hours/year and reduce costs by $8,335,355/year.

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Savings by Organization Level

Breakdown of automation potential by role level, with differentiated hourly rates.

👔

Executives

VP, Director, C-Level

Hours/year15,790
Rate$150/hr
Savings$2,368,530

Roles included:

VP of OperationsDirector of AuditChief Financial Officer+3
📊

Managers

Manager, Lead, Supervisor

Hours/year26,118
Rate$95/hr
Savings$2,481,210

Roles included:

Practice ManagerRisk ManagerAudit Manager+7

Specialists

Senior, Architect, Consultant

Hours/year14,318
Rate$125/hr
Savings$1,789,762

Roles included:

Audit SeniorBilling SpecialistIT Specialist
💼

Contributors

Analysts, Agents, Assistants

Hours/year30,834
Rate$55/hr
Savings$1,695,853

Roles included:

Administrative AssistantCompliance AnalystAudit Associate+5

Savings by Role

Benchmarks based on similar Professional Services / Consulting companies in 🇺🇸 United States.

Director of Audit$1,045,125
Audit Senior$847,125
Audit Manager$794,295
Billing Specialist$702,675
Tax Manager$545,490

Processes Identified

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