Accounting in the digital era: the vital role in automating primary document processing
In the digital era, accounting processes are undergoing significant transformations with the integration of technology. This article explores the vital role of automating primary document processing in accounting, focusing on its implications for the Republic of Moldova. It explores how digitization enhances efficiency, accuracy and transparency in financial management, addressing challenges such as data security, initial costs, and resistance to change. Additionally, it examines the potential impact of emerging technologies like artificial intelligence and blockchain on accounting document processing, highlighting their role in revolutionizing traditional practices. By embracing automation and leveraging innovative technologies, organizations can navigate the complexities of accounting in the digital era, driving competitiveness and sustainable growth.
Authors
- A. A. Grigoriev
Publication Details
- Published
- 2024-09-01
- DOI
- https://doi.org/10.53486/issc2024.43
- Primary Topic
- Financial Reporting and XBRL
- Type
- article
- Field-Weighted Citation Impact
- 0.00