Explainable AI (XAI) emphasizes the role of the algorithm not just for providing an output, but for also sharing with the user, supporting information on how it reached that conclusion. XAI approaches aim to shine a light on the algorithm’s inner workings and/or to reveal some insight on what factors influenced its output. Furthermore, the…
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If it seems like your busy season was a bit more hectic than usual this year, you’re likely right. According to the U.S. Bureau of Labor Statistics, demand for accountants will increase 10% by 2026, faster than the average for all occupations. Add in greater competitiveness, a talent shortage, regulatory changes and more demanding clients,…
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Machine learning (ML) is a sub-set of artificial intelligence (AI). It is generally understood as the ability of the system to make predictions or draw conclusions based on the analysis of a large historical data set. The exponential increase in the availability of data, and unprecedented computing power for processing this data, have contributed to…
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Las innovaciones como el análisis de datos y la automatización no están llegando a las finanzas corporativas tan rápidamente como les gustaría a los directores de finanzas y a los controladores, impulsándolos a hacer un gran esfuerzo tecnológico en 2019. Solo el 13 por ciento de los controladores y directores de finanzas señala que sus…
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It is a given these days that professional accountants need to be technologically competent at the very least – and ideally, much more than that. ‘Digitally savvy’ may be one way of describing it. Technological innovation (and its many offspring, from global connectivity to social media) remains the most significant driver of change across every…
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La sociedad está entrando en la era posdigital, en la cual la digitalización ya no es un elemento diferenciador, sino que debe ser un hecho entre las empresas. Actualmente, las tecnologías digitales permiten a las compañías conocer a sus consumidores con mayor profundidad: les entregan más canales para alcanzar a esos clientes y les posibilitan…
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Data is exploding. There are more than 16 trillion gigabytes of stored data around the world, according to IDC, and by 2025, this will surge another tenfold. This is in stark contrast to the 360 billion gigabytes present just a decade ago. While all this data can shed light on what’s working and what’s not…
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La inteligencia artificial (IA) en la industria de servicios financieros ha sido una tecnología muy promocionada que cambiará drásticamente los flujos de trabajo y los procesos a través de muchos aspectos de Wall Street, tradicionalmente centrados en el ser humano a través de ventas e intercambios comerciales, inversiones, banca, FX y compliance Tal vez el…
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Most finance teams and professionals are not evolving their skills fast enough to account for the impact of artificial intelligence, robotic process automation and other technologies according to a new report released by the American Institute of CPAs (AICPA). The report revealed that a majority (over 50 percent) of finance leaders globally believe the competencies of their…
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Artificial intelligence and blockchain may have grabbed the lion share of technology headlines over the past few years, but the reality is that the introduction and effects of these technologies will continue to develop over the long term. Between the hype and reality, the functional drivers of technology change aren’t always obvious. Whether you work…
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