Automation and AI Are Transforming Accounting and Tax Departments in Poland
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Automation, artificial intelligence, and the growing availability of data are increasingly changing the way financial, accounting, and tax teams work. EY organized the City Mixers event, which focused on technology in taxation and accounting processes. It is aimed primarily at specialists in the financial sector.
As the organizers emphasize, new tools make it possible to process large amounts of information more quickly. As a result, employees can devote more time to analysis and decision-making, and less to repetitive tasks such as data entry or preparing standard reports. For many companies, this also means a change in how work is organized and the need to develop new skills.
The growing importance of data also affects the tax area. Businesses must manage financial information efficiently in order to correctly fulfill their obligations to tax authorities. Experts point out that better data quality and appropriate systems can help reduce errors and better prepare companies for audits.
Technological changes are likely to continue affecting the labor market in accounting and finance. Companies that invest in modern tools and employee training may be better able to adapt to new requirements. Events of this kind are one way of exchanging knowledge on this subject.
Sources: EY
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