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10 Reasons Why Bots Will Never Replace Accountants

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Episode 5. In today’s episode, “10 Reasons Why Bots Will Never Replace Accountants.”

Key takeaways from this episode include:

⫸ shout out to Allan Koltin, CEO at Koltin Consulting Group and author of this piece via LinkedIn

⫸ how many younger accountants can speak the language of technology but struggle with the human side of things

⫸ debating how much of the accounting role bots and machine learning can take over doing

⫸ how creativity and problem solving will always put distance between bots and human accounting professionals

⫸ what counting potatoes in warehouse can teach us about the innovation of accountants and auditors

⫸ the call for accountants to be more entrepreneurial in their thinking, and why this needs to be made more prominent by the profession

⫸ what an accountant’s ability to resolve disputes and conflicts does that bots can never do

⫸ the importance of accounting advisors (and not bots) to advance conversations and pick up on nuances in human behavior

⫸ how artificial intelligence, machine learning and bots will have a role in complimenting, not replacing, accountants and advisors

⫸ why there has never been a better time to be an accountant and for them to reach out to their clients proactively

Action: be proactive with your clients to start and advance conversations in a way bots could never do – that’s where the opportunities are.

Source: https://www.linkedin.com/pulse/cpa-practice-advisor-thought-leader-symposium-2019-allan-koltin/

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