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Please can we stop saying that the future of Finance is all about RPA and AI! It’s not!

By Andy Burrows

So much ink has been spilled about the impact of technology and automation in Finance – RPA and AI and the like - that it’s starting to get a bit tedious. From reading all this stuff, anyone would think that there’s a robot army lining up to make us all redundant! And it’s written as if it’s at the forefront of everyone’s minds in Finance.

On the ground, in the real world of Finance in real world business, it’s not like that!

And we all know deep down that it’s hype! Who sponsors the conferences and the accountancy publications and the webinars that are spouting this stuff? The software vendors!! There’s a vested interest in inflated claims and understated costs/risks.

And yet it feels like the whole Finance and Accounting industry looks down on you if you’ve never heard of RPA, haven’t got a cloud ERP project planned, or you’re not talking about analytics and predictive modelling.

What we need...

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