Impact of Technology on Finance, Accounting, and Taxes! – Infographic

Technology has revolutionized the lives of humans over a decade ago. More so, every business has witnessed a tremendous transformation in its operations, and financial accounting is not excluded from this phenomenon. Accounting is undoubtedly a tedious task that requires expertise and ample amount of time.

That’s the reason businesses are adopting the latest technologies to simplify this process and stay focused on core business activities. AI, Blockchain, Machine learning, and a lot more are some of the significant technologies that are impacting the accounting industry efficiently.

Top technology trends that have affected the accounting industry: