AI Revolutionizing Business Finance: A New Era is Coming
The new technologies will wrap around legacy banking systems, creating a layer of data attribution and ushering a modern age for accounting and finance.
AI-enabled Accounting takes a proactive, data-processing approach. It reduces the possibility of error, ensures greater consistency in the ledger, and allows continuous data monitoring.
AI advances can now categorize transactions correctly from the start, allowing us to move to a world in which transactions \”self-document\”. This will simplify accountants’ and owners’ lives while improving operating efficiency.
Source:
https://www.forbes.com/sites/forbestechcouncil/2023/06/09/revolutionizing-business-finance-with-ai-a-new-era-is-coming/?utm_content=252168572&utm_medium=social
