After a series of lockdowns, most countries are trying to revive the economic growth through key business operations. However, the implications of the crisis are to be considered as the new normal takes its toll in the accounting structure.

As a business owner, keeping tabs on your accounting inventory is an important responsibility that should always be your top priority as it drives a successful cost control of your operations. 

The accounting profession has been continuously evolving. After the global financial crisis in 2008, businesses across the globe have taken a step back to evaluate their financial strategies and accounting practices. More recently, technological advancements and the increasing number of millennial accounting professionals drive disruptions in terms of how businesses operate and how their workforce is structured.

There’s no doubt about it - robotic process automation is the future of the accounting industry. The technology is already within our reach. Accenture estimates that 80% of the finance and accounting tasks to be automated in the next few years.

As technology invades all facets of business, it is imperative that you leverage its capacities in taking the path toward the digital transformation process. But how do you make this happen?

For medical professionals, the use of artificial intelligence (AI) during the Coronavirus pandemic transforms their operations in catering the masses’ need for healthcare and flattening the curve at the same time.