Description
In a global study, office workers spend an average of 69 working days per year completing repetitive tasks – over 25% of our working time. The accounting profession is likely spending much more time on mundane work. During this panel presentation, we will share statistics on the high cost of continuing these manual, repetitive tasks, which include not only the obvious time, dollars and accuracy consequences, but also a company’s ability to remain competitive and hire the right finance and accounting skills needed for the future. Accounting professionals and executives within the insurance industry will join this panel and share their experiences in navigating these challenges and finding the balance between adopting innovative technology without compromising the complex accounting processes within the industry. Audience members will learn about the real-world problems these companies have faced and how they are solving them with greater accounting automation.
Learning Objectives:
- Recognize the evolution of accounting automation and AI and where it is being used today.
- Identify processes that are ideally suited for accounting automation, with the statistical data and real-world examples to support those recommendations.
- Recognize how to apply best practices learned form the panel of insurance executives to improve productivity in their own accounting organization.
Speaker(s):
- Mr. Spencer
Kuo,
Vice President, Solution Consulting,
Flexi Software
- Ms. Natalie
Roberts,
Vice President - Accounting and Controller,
Medical Mutual Liability Ins Society of MD
- Ms. Schulyer
Ryan,
CPA, AVP-Finance,
Union Mutual Insurance Company
- Erica
Cahoon,
Senior Accountant,
Union Mutual Insurance :Company
