Big Data and Artificial Intelligence are Set to Transform Accounting and Finance

Spreadsheets were arguably the killer app for personal computers, and accounting software is commonly used. However, that hasn't changed day to day operations of businesses or the lives of individuals. We've simply shifted from written ledgers to digital ones, and accounting professionals review reports that haven't changed much beyond being computer generated. However, Big Data, AI and other technologies are poised to radically alter the financial world. Let's look at how Big Data and artificial intelligence are set to transform accounting and finance.