AI In Accounting Is Here: 7 Game-Changing Innovations You Should Know [Forbes]
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Source: Forbes
predicting how AI will be used for and by accounting professionals. Finally, these predictions are beginning to become reality. Here are some interesting uses of AI in accounting that those of us in the profession should know about. Reducing DSO People make mistakes when entering orders into their supplier portals. A finance platform called Tesorio aims to to automate this process to minimize these mistakes and speed things up. The problems they're solving include incorrectly formatted or inaccurate submissions. Their agents aim to reduce the time it takes to fill in required fields and submit invoices to various supplier portals. According to Tesorio, their agents autonomously access these portals and submit invoices and then monitors the approval process. Not only would this help customers by expediting the ordering process but it then reduces DSO – or days sales outstanding – which is the time it takes for the supplier to complete a sale and get paid Tax Research The U.S. T
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