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Data Hurdles Keep Accountants From Elevating Their Role

PYMNTS

This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. ” Supporting an Accounting Shift.

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Accountants May Be Bucking The Innovation-Averse Trend

PYMNTS

The future of the corporate accountant is in flux. FinTechs are developing ways to automate accounting tasks, forcing human accountants to provide more strategic, value-added services. That doesn’t mean corporate accountants are jumping ship, however.

Account 43
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ScaleFactor Launches Android App For Real-Time Accounting

PYMNTS

Corporate accounting platform ScaleFactor is rolling out its Android app for business professionals to gain real-time visibility into company finances. The company is introducing its Android app to link small business owners to ScaleFactor Business via their mobile devices, the firm said in a press release Thursday (Feb.

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Corporate Finance’s Interest In AI Doesn’t Lead To Adoption: Oracle

PYMNTS

Corporate treasurers are exploring AI for their own cash management and forecasting needs, while AI is also being explored among both traditional and alternative finance players for risk mitigation and underwriting purposes. ” Even so, only 11 percent of companies surveyed have integrated AI within their finance functions. .”

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When Artificial Intelligence Meets Human Intelligence In SMB Accounting

PYMNTS

The rise in automated solutions – especially in various finance functions – initially led to concern among financial professionals that their positions might be replaced by robots. Indeed, small businesses say they are actually demanding more from their accountants and bookkeepers than ever before.