The New Bookkeepers Is a Robot

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Vipal Monga, The New Bookkeepers Is a Robot; In corporate finance departments, software takes over jobs that once required lots more time, armies of people. Wall Street Journal, May 5, 2015.
www.wsj.com/articles/the-new-bookkeeper-is-a-robot-1430776272

Quote:

"Automation is threatening to replace swaths of white-collar workers, much as mechanical robots have displaced blue-collar workers on assembly lines. Among those in jeopardy: accounts-payable clerks; inventory-control analysts, who record and audit what is in stock and estimate inventory needs; and accounts-receivable clerks, who send invoices to customers, track payments, and forecast customer default rates. Oracle Corp and SAP SE, among others, sell [such] software

"US companies have long outsourced repetitive and manually intensive operations, often to countries with low-cost workforces. Now, even some outsourcing companies [whose consultants also may analyze the data to find ways for (clients) to reduce spending] are using robots to handle finance tasks.

"Accounting schools like those at Brigham Young University, in Provo, Utah, and the University of Denver, now provide training on SAP, Oracle and Microsoft Corp. systems in addition to training in bookkeeping.