Artificial Intelligence: Leveraging Technology in Enhancing Overall Business Decision Process

Abstract

Technology is influencing in all sphere of our life. Area of accounting and costing are also not insulated from it. With influence of artificial intelligence and machine learning in accounting, routine job are facing threats. Whenever new technology comes to play, it brings ample opportunities for people, who wiling to acquire required skills to respond the changes. This paper attempt to highlight the strength enjoyed by strategic thinker, like CMAs to leveraging technology in existing and emerging areas of improvement in performance and efficiency. Artificial intelligence can be a right tool in better cost modelling and overall decision making process