The media is full of sensationalist stories of how ‘a robot will replace your job‘. But developments in artificial intelligence (AI), machine learning and software automation offer a much bigger opportunity for most accountancy firms than they do a threat. An algorithm is far more likely to help you get more work done than it is to replace your role as an accountant. And it’s this synergy of software efficiency and human expertise that’s driving the adoption of AI and machine learning in accounting and fintech platforms.
So, if you’re in the dark when it comes to the benefits of AI, here’s the lowdown from BOMA on how AI can transform your accounting processes, your customer service and your practice marketing.