Author(s): Richard Henage
Technology is changing the accounting processes allowing for quantum leaps in efficiency, accuracy, and usability of key accounting data. KPMG Spark has implemented numerous cutting-edge technologies (such as Blockchain, artificial intelligence, data analytics, cloud computing, and machine learning) to improve accounting services for small- to medium-sized enterprises. This study of the application of these technologies in the accounting environment can help illustrate the potential impact of technology on the way business processes can be streamlined.