From Data to Decisions: the Role of Digital Accounting in Driving Innovation

EasyChair Preprint no. 12785

Abstract

This abstract explores how digital accounting serves as a bridge from raw data to actionable insights, catalyzing innovation across various facets of business operations. By leveraging advanced technologies such as artificial intelligence, machine learning, and cloud computing, digital accounting platforms enable the efficient collection, processing, and analysis of financial data in real-time. This abstract examines how organizations can harness these capabilities to gain deeper visibility into their financial performance, identify emerging trends, and uncover hidden opportunities for growth and optimization. Furthermore, it explores how digital accounting facilitates collaboration and knowledge sharing among stakeholders, empowering cross-functional teams to make informed decisions based on timely and accurate financial information. Through case studies and examples, this abstract illustrates the transformative impact of digital accounting on innovation, agility, and competitive advantage in today's dynamic marketplace. By embracing digital accounting as a strategic enabler, organizations can unlock new avenues for value creation, driving sustainable growth and success in the digital age.

Keyphrases: digital, of, role

@Booklet{EasyChair:12785,
  author = {John Bruse and Kurez Oroy},
  title = {From Data to Decisions: the Role of Digital Accounting in Driving Innovation},
  howpublished = {EasyChair Preprint no. 12785},

  year = {EasyChair, 2024}}