AI’s Impact On Accounting And Finance

The boom in technology across numerous industries has meant opportunities for advancement in how professionals do business. Accounting is no exception. Many of the once tedious tasks performed by accountants are now being performed by artificial intelligence (AI), allowing professionals to focus on more advisory roles that brings greater value to clients.

For example, robotic process automation (RPA) has reduced audit and contractual processing times from several months to a few weeks. Larger firms taking advantage of AI are outpacing smaller accounting offices through increased efficiency and higher level services.

 

GetBusy (LON:GETB) is a London Stock Exchange, AIM listed, success story with 1,000,000 registered online users and counting.

 

 

 

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn
    GetBusy Plc

    More articles like this

    GetBusy Plc

    Making The Move, From Paper To Digital

    Facilities leaders are staring down a challenge that in many cases leads to a state of inertia. Simply put, they know it is time to embrace technology as a key component of effective facility management, but

    GetBusy Plc

    Managing A Hybrid Workforce

    As technology continues to evolve, an increasing number of jobs can be performed on a computer or phone in the comfort of one’s own home. According to a 2017 report, 2.9 per cent of the American

    GetBusy Plc

    Why businesses need to go paperless now

    Many of us will make personal New Year’s resolutions, such as getting fit or saving money, but what about business New Year’s resolutions? The start of the New Year is a great chance for organisations to

    GetBusy Plc

    10 reasons to use document management software

    Digitisation is the process of moving from “paper” to ”data”. Businesses of all types, law firms included, are embarking upon projects to introduce electronic working and achieve their paperless office goals for a whole multitude of

    GetBusy Plc

    Working in the Clouds

    It’s a cliché, now, to say, “We’re going to the cloud.” The technology, nearly two decades old, is ubiquitous in 2019. It fuels the economy, connecting clients with companies in an immediate way that demands trust

    GetBusy Plc

    Top 5 Benefits of Remote Working

    Remember when working remotely was seen as an excuse to get away from work? Well, things have changed quite a lot since then. The workplace has experienced a sharp culture shift over the last couple of

    GetBusy Plc

    Productivity doesn’t come from bad doc management, study confirms

    Improper document management is inhibiting employee productivity, according to new research by information management platform provider M-Files. The company’s 2019 Global Intelligent Information Management Benchmark Report, based on a survey of more than 1,500 office workers

    GetBusy Plc

    How to Prep Your Company for a Remote Workforce

    What if the best way to improve the office were to eliminate it? A 2017 Gallup study found that 43 percent of Americans worked from home at least part of the time, and many more would

    GetBusy Plc

    Major GetBusy Update

    New Brand. New Website. Metalab’s Partnership. Private Beta Release! Today we’re happy to announce a major update to the GetBusy juggernaut. We’ve been working hard behind the scenes for months, joining forces with the formidable Metalab’s team — responsible

    GetBusy Plc

    Digitization: the Key to Future Document Management System

    Document management is necessary for all businesses no matter at which scale it operates. Technology and trends have also changed with time and digitisation has dominated the trends in the documentation. Currently, every organisation has a

    GetBusy Plc

    Why document management needs an upgrade

    We all love to talk about tech and the cloud as if they have these things dramatically changed the way we live our lives and work. And do not get me wrong – they could. They

    GetBusy Plc

    Document management and digitalisation

    There is a major drive at the moment towards the digitalisation of data and proper management of documents, but what kinds of solutions are customers looking for, and why? Dealer Support explores the topic. The terms