An article recently issued by the online magazine Accounting Today briefly presents the transformations underwent by the accounting profession and that are going to be experienced more and more intensely along with the transition to the Cloud technologies and process automation:
‘Artificial intelligence will prioritize our next day’s work and provide us with insights about our clients, enabling us to redefine our role as accountants and bookkeepers in a way that is far more lucrative for us, and more valuable to our clients’.
As Blake Oliver, the author – accountant, blogger and Could promoter – concludes, accounting will not be able to exist without automation and new technologies, and this ‘partnership’ can prove to be highly beneficial for the professional accountant who, relieved by small and repetitive tasks, will be able to dedicate more time to advising his/her clients and to the development of their businesses.
The complete article as well as other relevant news concerning the accounting profession can be view directly on the Accounting Today website.