How Accountants are set to add a combination of mobile Apps and AI to the mix - Accountex

Written by Joel Oliver, MyFirmsApp: The use of Artificial Intelligence (AI) to help run Accounting firms may sound like something that is straight out of a science fiction novel but now the likes of Amazon, Google and Microsoft are spearheading AI, the world of Accountants is likely to be the latest in a series of industries to be affected by its' rise. We're working on AI because we think more intelligent services will be much more useful for you to use." – Mark Zuckerberg According to a Deloitte report, the impact of cognitive technologies on organisations is expected to grow substantially within the next three to five years. Add to this the Google prediction that by 2029 robots will achieve human intelligence levels and that by 2025, 33 per cent of all occupations will be performed by robots and it soon becomes apparent that AI has already shifted into the mainstream. There is no doubt that disruptive technology is turning the Accountant's relationship with clients on its' head. Advances in mobile technology are shaking up traditional methods of communication and clients are engaging more with their smartphones and expecting fast service responses from their chosen advisers anytime, anywhere.