Technology & Innovation

5 signs your company is ready for business intelligence – Business Article

Is your company ready for business intelligence? You’ve recently equipped yourself with a nifty accounting solution and finally got on top of all that information that used to lay scattered about in the bottom draw. You’re booking in stock, creating neat invoices and you’ve smartly linked your bank account so you can quickly and easily see how much money is coming in, and how much is going out. There couldn’t possibly be anything else that can make running your business…

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5 positive ways artificial intelligence will impact accountants – Business Article

Ask 100 experts what artificial intelligence is and you’ll get a variety of answers. What it’s not is a robot standing by the photocopier in each office. We’re not at the point where we have the likes of 2001’s HAL or Forbidden Planet’s Robbie the Robot in our midst. Today, AI is being used for image recognition, object identification, detection, classification and automated geophysical feature detection. These are underlying tasks that once required the input of a human. Focusing on…

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How to effectively make use of artificial intelligence – Business Article

The term artificial intelligence (AI) is one that elicits confusion, simply because of the broadness of what it can cover, particularly in the context of data science. AI has many subcategories and levels of complexity that are very different in what they do from a business point of view. Automation is a well-known subcategory of AI software that follows pre-programmed rules to run processes. However, this is a different level to AI software that displays self-learning capability through machine learning. AI…

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3 Ways to Boost Operational Efficiency by Adopting Digital Tools – Business Article

When it comes to running a business, time is one of your most precious resources. Finding ways to become more efficient can greatly improve your bottom line. One of the easiest ways to improve operational efficiency is by building your digital tool belt. From accepting digital payments to automating your invoicing system, digital tools streamline your efforts, saving you time and money. Here are three benefits digital tools bring to your business. Speed up Customer Payments You’ve made the sale,…

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