how will ai affect accounting


  • How will artificial intelligence impact accounting?

    Benefits of AI for Accounting
    The most common use for AI in accounting is to take care of repetitive tasks. For example, AI systems can capably, and with minimal error, complete tasks that include the following: Inputting and matching data. Receipt reconciliation.
  • Artificial intelligence, while still in its infancy, is changing the accounting profession in a number of productive ways. By automating tedious manual tasks, AI has been able to streamline bookkeeping processes allowing accountants to focus on higher-value activities.
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