AI in accounting and finance for businesses
Some accounting teams across the globe, still relies on Excel for tracking, calculating and manually updating the excel. Result are missing records, invoices, receivables and payables.
AI has been used to automate expense tracking, receivable collection and payable automation. Few examples:
- HihRadius: https://www.highradius.com/
- Inwisely: https://www.inwisely.ai
- Nanonets: https://nanonets.com etc
- AccountingGPT: http://www.accountinggpt.co
few more resources: https://www.chaserhq.com/blog/how-is-artificial-intelligence-impacting-finance
