Crunch time: Let AI work the numbers, but leave the emotional decisions to humans
On the surface, the accounting and finance sector appears to be a great test case for AI integration. Work revolves around numerical data, while processes are structured and rules-driven.
It also seems an ideal environment for automation, giving scope for AI to process information at speed and scale. For that reason, it’s already being used to handle some of the sector’s necessary yet repetitive and time-consuming work, such as invoice capture, month-end reporting and anomaly detection.
Founder and CEO of Aqilla.
But as confidence in AI grows and is integrated into more accounting and finance software, there’s a risk that organizations once fearful of the technology may go to the other extreme. At that point, there’s a danger that some professionals may lean so deeply into AI that they become detached from the numbers.
That matters because the decisions that sit behind the figures and spreadsheetsare rarely driven by...
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