By Bo Davis, co-founder/CEO of MarginEdge, a restaurant software platform providing automated invoice processing with F&B cost analytics.
Depending on who you ask, the prediction of “fully automated accounting” is a long-awaited godsend or a terrifying omen of doom. For anyone watching it, however, the technology isn’t there just yet. But with each leap in AI, we move closer to a more symbiotic relationship between humans and machines—one that will inexorably change the lives of accountants, bookkeepers and their clients.