Every business needs accounting, and accounting needs to keep up with the times. Here are ten developments shaping the future of accounting – forever. The role of accounting has changed rapidly in recent years, and the trend is only accelerating. Thanks to a combination of factors including a fast-evolving regulatory landscape, emerging business trends, and…
Did you know that the accounts payable process is one of the most labor-intensive and error-prone processes in an enterprise? In fact, it is not uncommon for businesses to spend weeks – or even months – trying to track down a single invoice. This is where accounts payable process automation comes in. By using intelligent…
Automated Redaction is the process of removing Personally identifiable information (PII) from a document. This can be done manually, but it is time-consuming and often not 100% accurate. Automated redaction software can quickly and accurately remove PII from a document, saving time and money. Every day, businesses handle sensitive, personal information like social security numbers…
Contract management tools can help businesses keep track of their contracts and improve efficiency. As a business grows, the number of contracts it has with customers and suppliers also grows. This can lead to administrative problems if not handled correctly. Contract management is the process of overseeing all of these agreements in an efficient manner….
Machine learning and artificial intelligence (ML/AI) are terms that get tossed around a lot lately, sometimes interchangeably. They both deal with computers’ ability to learn from data without being explicitly programmed. But there is a big distinction: machine learning is mainly about analyzing past data to make predictions about future events, while artificial intelligence involves…
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