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Accounting Process Automation - Benefits and Challenges
The digitization era has introduced a new kid on the block called ‘robotic automation’. It imitates human actions in a structured form devoid of cognizant capabilities.
Why is the fusion of Robotic Process Automation (RPA) and Machine Learning (ML) perfect for Accounts Payable?
Robotic Process Automation (RPA) and Machine Learning (ML) are obviously distinct technologies put in different uses.
What are the eight important metrics used to measure the success of RPA ROI?
Robotic automation is the latest technology innovation reaching all types of industries and regardless of size. Its simplicity approach to deliver measurable results as per the requirements and objectives
STOP upgrading your accounting software (and try robotic automation instead)
It is a known fact that change is inevitable and humans whether voluntary or involuntary become accommodative to accept it.
How can Artificial Intelligence compliment the CFO's role?
Over the years, the CFOs role has expanded in an organisation. Though finance remains the core activity for their position, they also participate in the strategic planning & decision making process.
Accounting Automation : Balancing act between Realism Vs Expectation
Accounting automation is the latest buzzword in the industry and is seen by many as the greatest innovation to the accounting industry, since the invention of computers and the internet.
The transformative impact of AI on accounting's future
Artificial intelligence is no more a dream of the future but a reality today, rapidly transforming various industries, including accounting. Able to process huge amounts of data, learn from patterns, and make predictions, AI is surely going to revolutionize the way accountants do their job
What are the general guidelines to SME’s for implementing AI
If the pundits' predictions come true, PwC’s report suggests, Bot.Me: A revolutionary partnership, 67% of executives believe AI will help people and machines
How Artificial Intelligence and Machine Learning differ from each other?
Technology field’s most common terms in usage today are ‘Artificial Intelligence’ and ‘Machine Learning’. Many industries implementing or going to implement AI
Classifying AI machines based on their capabilities
The crux of modern computer science is Artificial Intelligence. The idea of Artificial Intelligence refers to civilizations that existed centuries ago.
Classifying AI machines based on what they can do
John McCarthy defines Artificial Intelligence as “The science and engineering of making intelligent machines”
SMEs role in engaging AI in its business practices
John McCarthy defines Artificial Intelligence as “The science and engineering of making intelligent machines”