How AI Will Revolutionize Accounting

As technology innovation increases, accountants will become responsible for higher-cognitive tasks, ensuring that algorithms and other learnings and executing processes perform correctly -- delivering predictive and suggestive insights for business outcomes. Here's a fantasy most accountants can probably get behind: in the not-too-distant future, accountants get to shed misnomers like bean counter or number cruncher. In a typically stalwart profession, technology and innovation are bringing about much needed change. Artificial intelligence (AI) for example, while far from replacing accountants, is helping them emerge as the creative, customer-centric and big picture professionals that they truly are. But to date, 80% of businesses are uncertain about the ROI for AI.