In our continuation of the Flexi Education Series, we recently had the pleasure to sit down with Dmitry Trudov, President at Flexi Software. The purpose of the conversation was to talk about where accounting is in the grand scheme of emerging technologies such as AI, Machine Learning and RPA. We were most curious about what…
Artificial intelligence (AI), machine learning (ML), and robots are technologies that are taking center stage across industries, especially in industries such as manufacturing, retail, customer service, and agriculture. The accounting industry is no exception. Experts predict that as many as 800 million jobs could be replaced with AI by 2030. Traditionally, it was blue collar…
Artificial intelligence (AI) and automation are making their way to accounting, just as they are permeating all other industries. AI is getting stronger and smarter as technology evolves, becoming not just an automator but also a smart technology that can learn and draw conclusions in real time. As AI continues to advance, many fear it….
According to a study by Oxford University and Deloitte in 2015, accountants will be among the first professions affected by the rise of artificial intelligence (AI). Up to 95 percent of accountants will face some threat due to the advanced automation capabilities provided by AI. While this is categorized initially as a “threat,” it also…