The writing has been on the wall for years. Mike Galarza has been working on his own automation platform for businesses, and keeping tabs on other emerging technologies in the industry.
From what he's seen, new technologies are creating the need for accountants to adapt both their processes and skill sets. A recent Forbes article identified accounting as one of 10 professional disciplines threatened by technology capable of learning.
As automation tools become increasingly able to perform transactional and record keeping tasks, accountants will need to future-proof their positions in the industry.
In a Forbes article, Galarza, founder and CEO of bill-automation and payment platform Entryless, provides his insights on what this mean for accountants, and how the industry can prepare. Check out the story here.