A Guide to Automated Accounting in 2023: Benefits and Tips
Finance processes are similar in many ways across different industries and places. Finance and accounting (F&A) teams often have to do important things like keep accounting books up to date, make financial reports, and collect accounts due. Traditional accounting tasks have been more efficient, accurate, and compliant with the standards since they’ve been done with […]
The Future of Accounting Industry: Will accountants be needed in the future?
The accounting field is changing quickly because of the rise of technology. Forbes wrote that at the consulting company Accenture, “automation, minibots, machine learning, and adaptive intelligence are being added to the finance team at the speed of light.” Many businesses have started to employ simple automated accounting software instead of hiring a full-time in-house […]
5 Ways Your Accounting Firm Can Utilize Automation in 2023
Are you ready to revolutionize your accounting firm in 2023? Automation is the name of the game, and it’s making a huge impact on accounting firms everywhere. But don’t worry, it’s not something to fear. Instead, think of it as an evolution that can boost your efficiency and productivity as an accountant. In 2023, accounting […]
Optimize your Finance & Accounting landscape with Robotic Process Automation
Here are the main points to remember from this blog. why is this useful for accounting and financing firms? The blog highlights the usefulness of Robotic Process Automation (RPA) in accounting and finance firms. RPA streamlines processes reduces errors, and allows strategic focus. You can use this technology for crucial tasks. RPA is like a […]
Accounts Payable Efficiencies with Robotic Process Automation
Here are shorter versions of the five key takeaways from this blog. Introduction Robotic Process Automation (RPA) has become a game-changer in optimizing accounts payable (AP) processes. Organizations can automate manual and time-consuming tasks by leveraging RPA and Artificial Intelligence (AI), streamline invoice processing, and achieve significant cost savings. This article explores the impact of […]
Impact of Robotics on Finance And Accounting
Robotics has revolutionized the way we approach many industries, and finance and accounting are no exception. The introduction of robotics into the finance and accounting industry has drastically changed the face of the industry, from streamlining processes to providing more accurate and efficient results. Robotics has enabled finance and accounting professionals to make better decisions, […]
From Science Fiction to Accounting Fact: Boston Robotics’ Revolutionary Impact
Boston Robotics is a robotic process automation (RPA) company that specializes in developing robots for the accounting industry. Founded in 2023 by Jayanathi Ganapathy, Boston Robotics has created a range of RPAs that can automate a variety of accounting tasks. These RPAs are designed to perform 11 key functions, including invoice processing, invoice payment, expense […]