May 8, 2018, 12:50 PM
(from Accounting Today) The impact on the accounting profession of technologies like robotic process automation, artificial intelligence and blockchain over the next five years will be nothing short of profound, according to the leaders of the Top 100 Firms — and they’re being extremely proactive in adapting, in hopes of anticipating many of the coming changes.
Many of the Top 100 Firms have created internal groups designed to foster innovation generally, or invested in personnel and resources around specific technologies. But some firms consider changing mindsets and providing the necessary intellectual framework and professional skill sets to be just as important. ... “We are focused on creating an innovative mindset and culture for the firm and are developing solutions for internal use and to deliver consulting to our clients," explained managing principal of Miami’s Kaufman Rossin, Blain Heckaman. "We are just beginning to develop our first robotic process and strongly believe that having in-house AI and RPA capabilities will be necessary for us in the near future. We will spend significant resources in learning and development to prepare our employees for this inevitable and exciting evolution.”
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