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How can Artificial Intelligence compliment the CFO's role?
Over the years, the CFOs role has expanded in an organisation. Though finance remains the core activity for their position, they also participate in the strategic planning & decision making process.
Accounting Automation : Balancing act between Realism Vs Expectation
Accounting automation is the latest buzzword in the industry and is seen by many as the greatest innovation to the accounting industry, since the invention of computers and the internet.
The transformative impact of AI on accounting's future
Artificial intelligence is no more a dream of the future but a reality today, rapidly transforming various industries, including accounting. Able to process huge amounts of data, learn from patterns, and make predictions, AI is surely going to revolutionize the way accountants do their job
What are the general guidelines to SME’s for implementing AI
If the pundits' predictions come true, PwC’s report suggests, Bot.Me: A revolutionary partnership, 67% of executives believe AI will help people and machines
How Artificial Intelligence and Machine Learning differ from each other?
Technology field’s most common terms in usage today are ‘Artificial Intelligence’ and ‘Machine Learning’. Many industries implementing or going to implement AI
Classifying AI machines based on their capabilities
The crux of modern computer science is Artificial Intelligence. The idea of Artificial Intelligence refers to civilizations that existed centuries ago.
Classifying AI machines based on what they can do
John McCarthy defines Artificial Intelligence as “The science and engineering of making intelligent machines”
SMEs role in engaging AI in its business practices
John McCarthy defines Artificial Intelligence as “The science and engineering of making intelligent machines”
Why is machine learning significant to the business world?
The term ‘Digital age’ is used to refer to this century, because we are immersed in data without properly taking advantage of it
What is Machine Learning and its different types of Algorithms?
Artificial Intelligence is an academic discipline founded in the early 1950s. During World War II, mathematician Alan Turing's effort for code breaking German ‘Enigma’ machine was successful.
The most common pitfalls in accounting RPA process
Bernard Marr’s article in Forbes “The 7 Real Reasons Why Tech Projects Fail?”,points out more than half of the technology project failures are in fact due to poor management, and only 3% are caused by technical problems.
Does Robotic Process Automation Impact Employee Morale?
Every innovation is judged as a job-killer before accepting it as a benefit to the society. Labour unions parade on the street to voice their opinion as predicting doomsday for workers.