Robots are poised to take over some routine finance functions, such as processing transactions, as well as more advanced tasks such as risk analysis. Here are five articles taking a look at how artificial intelligence can impact the finance team.
A lot of “knowledge work” today is really just the routine application of a set of rules, with some ability to identify situational errors and exceptions. Read more.
New robotic software will enable automation across a spectrum of processes and will work across different software platforms and systems.. Read more.
Using artificial intelligence, auditors may soon be able to uncover risk hiding in plain sight in financial statements. Such technologies can enable auditors to automate tasks that have been conducted manually for decades, such as counting inventories or processing confirmation responses. Read more.
At least 40% of online transactions could be handled via a bot by 2020. There’s been a lot of progress over the past few years, and we’re seeing an accelerating rate of improvement. Read more.
The market for apps is maturing. Now one for text-based services, or chatbots, looks poised to take off. Read more.