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Buy our book here. Our last post introduced the emergent technology of Robotic Process Automation (RPA) – software programmed to execute repetitive, relatively low value added tasks, currently still requiring human intervention across business applications. Consulting firms are promoting the adoption of RPA in the financial area, […] ↓ Read the rest of this entry…
Buy our book here. Robots applied to services? Robots applied to accounting and management accounting? It seems an odd idea. But it’s becoming true. Robotisation applied to services is still only an emerging technology. It is not conducted by physical […] ↓ Read the rest of this entry…
Buy our book here. Our last post, on how the Internet of Things is revolutionising the insurance industry, had an overall positive overview on the benefits of this evolution – although concluding with a less enthusiastic remark on how data […] ↓ Read the rest of this entry…
Buy our book here. In a previous post last year, we discussed how Big Data is being increasingly used by insurance companies. As we wrote, Big Data analysis of increasingly large amounts of personal data offers the potential to better […] ↓ Read the rest of this entry…
Buy our book here. In my view, even though some accountants may not agree, big data will effect how accounting is done. This is particularly true for management accounting. I was going to write an outline of my thoughts on […] ↓ Read the rest of this entry…
Buy our book here. Who would have thought that enterprise resource planning systems (ERPs) would be used in football? The German national side was probably the first high-profile team to do such things. In 2014, they teamed-up with […] ↓ Read the rest of this entry…
Buy our book here. The potential of Big Data has been frequently discussed, including in our book and in this blog, Generally, there is a positive view towards its potential. But the advantages of Big Data may just be “too […] ↓ Read the rest of this entry…
Buy our book here. The overriding purpose of management accounting is the production of information to assist organizational managers in their decision-making. In Chapter 2 of the textbook we highlighted key qualities and characteristics of useful management accounting information, namely: […] ↓ Read the rest of this entry…
Buy our book here. As was described in Chapter 2 of the text (‘Information technologies’, p.42), computing technology is everywhere nowadays in all walks of most peoples’ lives. Students reading this blog have grown up surrounded by computing technology, […] ↓ Read the rest of this entry…
Buy our book here. In the latter part of 2013, I noticed several new developments in cloud accounting software. I suppose one of the key advantages of cloud accounting software is that it allows the software provider to concentrate on […] ↓ Read the rest of this entry…
