Blog

  • Focus on engagement

    Adrian O'Connor - January 30 2017

    Engagement

    There is no disputing the impact that employee engagement has on an organisation’s efficiency, productivity and ultimate success. When we recently blogged on the topic, we outlined how studies by the Queens School of Business and Gallup found that disengaged workers had 37% higher absenteeism, 49% more accidents in the workplace, and made 60% more errors and defects.

    However, despite the documented risks associated with poor engagement levels, our own research has found that a company’s ability to connect and communicate with its employees varies considerably between industry sectors. And overall engagement levels still leave much to be desired.

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  • The rise of AI in accountancy

    Adrian O'Connor - January 26 2017

    AI

    While, for many, the term Artificial Intelligence or AI conjures up ideas of synthetic androids like those featured in a Steven Spielberg blockbuster or Westworld, the reality is that AI is the board theory and development of computer systems able to perform tasks which were once the preserve of humans.

    The finance sector, given its heavy reliance on mass amounts of numbers and data, is a prime candidate for the automation offered by intelligent systems. In fact, according to the 2013 paper, The Future of Employment: How Susceptible are Jobs to Computerisation (C. Frey & M. Osborne), there is a 94 per cent chance that AI will lead to job losses in accountancy over the next two decades, making it the second most at-risk role after telemarketing.

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  • The importance of soft skills in accountancy

    Adrian O'Connor - January 24 2017

    GAN Soft Skills

    At a time when accountancy is a career often cited to be most at risk from Robotic Process Automation (RPA), finance professionals can capitalise on innately human attributes such as creativity and emotional intelligence to safeguard their careers.

    It was no surprise that the theme of the World Economic Forum’s 2016 Annual Meeting in Davos was the Fourth Industrial Revolution. Not since the 19th century have we witnessed such rapid technological change. However, rather than mechanisation, the contemporary wave of innovation is being driven by artificial intelligence (AI), mass-automation and hyper-connectivity.

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