SAP recently held a teleconference to highlight its blockchain strategy. Lately, the major business software vendors have been calling attention to their blockchain initiatives. While the focus on this technology might seem premature to those who still equate it with cryptocurrencies, evidence is pointing to a future pace of adoption similar to the rapid take-up of the internet in the 1990s. That blockchain is useful for a wide range of business functions isn’t news – just google “blockchain...
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Topics:
Machine Learning,
Office of Finance,
finance transformation,
Robotic Process Automation,
Artificial intelligence,
blockchain,
AI,
bots,
robotic finance
Robots of the physical sort are not about to take over finance and accounting but we have arrived at the age of “Robotic Finance”. I coined this term to focus on four key technologies with transformative capabilities: artificial intelligence and machine learning, robotic process automation, bots and natural language processing and blockchain distributed ledger technology. Embracing these technologies will enable any department to redefine itself as a forward-looking strategic partner to the...
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Topics:
Machine Learning,
close,
closing,
Robotic Process Automation,
Artificial intelligence,
blockchain,
AI,
Accounting,
bots,
robotic finance