Artificial Intelligence to revolutionize Finance Department and Change the Role of Accountants

Finance and accounting departments are using more artificial intelligence to automate systems. These new software programs are helping current finance professionals to be more productive and focus on other tasks.

According to an article from PR Newswire, “Finance & Accounting departments are experiencing fundamental changes as artificial intelligence (AI) software becomes more sophisticated, changing the type of work completed by current staff”.

The article discusses:

  • Research results by BlackLine
  • Shifting liability

The article continues, “The work performed by AI is not limited to process-heavy and time-consuming tasks, with nearly one-quarter (24%) of respondents projecting that AI tools could undertake strategic financial decisions, as well”. Is your accounting firm implementing artificial intelligence in your daily tasks?

To read more, see the full article from PR Newswire.