Artificial intelligence has globally impacted businesses across industries - Times of India

MUMBAI: In order to understand its effects on the finance and accounting industry, Chartered Institute of Management Accountants, (CIMA) the world's leading and largest UK based professional body, conducted a global survey across select European, African and Asian countries. A majority of financial leaders are of the opinion that artificial intelligence helps enhance efficiency and accuracy of the business. This recent global study reveals that more than two-thirds (64%) of finance professionals from India encourage increasing automation as it saves time, money and helps ease the indecision process in their organisations. At a global level, Zimbabwe tops the chart with (75%) professionals supporting automation, followed by China with a 67% of acceptance. This indicates that accountants regard the impact of new technologies as an opportunity rather than a threat.