Automation has been used in accounting since at least the first adding machine. But now that automation is driven by advanced algorithms and intelligent machine learning, it's impacting accounting more than ever before.
Most offices rely on some form of automation to expedite accounting and ensure accuracy. However, the recent trends in finance and accounting automation suggest it's evolving beyond a tool and into a mission-critical asset. The capabilities currently coming online promise to have a positive impact on accounting for a long time to come: