As the demands on Accounting and Finance teams grow, so does the need to focus strategically on your business with real-time financial intelligence. This requires a shift away from batch processing to real-time updates and native, automatic reconciliations. By achieving Continuous Accounting, organizations can automate repetitive tasks, distribute work across an accounting period, use science-powered data to identify opportunities for improvement, and much more. Don't miss this opportunity to learn more about how the new era of Continuous Accounting is shaping the future of finance.
Does the proliferation of artificial intelligence (AI) threaten the accounting profession? Could accountants be replaced by automation, just like the switchboard operator, the film projectionist and the elevator operator? And how can you protect your career and prosper in the age of the accounting robots? The threat of technology is not new. Technology both ended and created jobs at least since the 1800s, when the advent of farming machinery wiped out many agricultural occupations.
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Robots, cloud software and artificial intelligence are all things that accountants fear will make them irrelevant. But the truth is that the real future of accounting and technology isn't a technological advancement, it's a trend toward a different model altogether. Technology is evolving rapidly; according to Accenture, 80% of accounting and finance tasks will be delivered with automation in the next few years. This leaves many professionals wondering what the future of their jobs will look like, and where they fit into that future. There's no reason to be afraid.