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Digitization in the finance department – these were the top 5 topics in accounting in 2018
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Smart solutions, innovative business ideas and above all the possibilities of artificial intelligence have occupied finance departments and accounting managers in 2018. 

According to our DSP selfcampaign, "artificial intelligence" was the most sought-after term among accounting experts in 2018: 45 percent of all articles read dealt with this topic. The potential of artificial intelligence is obvious: With big data analyses and self-learning algorithms it is possible to analyse and assess the initial situation, the prospects of success and the medium-term development of...

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3 Financial Problems which Only Artificial Intelligence Can Solve
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Artificial intelligence, AI, has been developing for over five decades. Its development has gained more traction in the last five years than the rest of the years combined. Advancements in cloud computing, machine processing speeds, big data and open source software have been the key catalysts. The technology is a promising solution to some crucial trading problems which include accounting, fraud, and algorithm analysis.

 

1. Automated Accounting

Accounting in business is just as labour intensive as it is error sensitive. Using AI in the financial industry will automate the entire...

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