As more and more industries move toward automation there is a growing concern that the automation will put people out of work. Historically, with automation, a certain number of jobs may go away but it boosts the productivity and output of industry, which in turn increases demand for the skilled tasks that only humans can perform.

Below is an article from spendmatters.com how people partnered with the right technology can provide new opportunities and efficiencies that a manual process cannot provide. After reading the article give us a call at SpendBridge so we can strategize with you on the best ways to partner your staff with technology to achieve the most efficient outcome for your business.

Source: spendmatters.com | Re-Post SpendBridge 1/15/2018

Accounts payable (AP) clerks at leading companies are already seeing machine-learning programs automate and streamline their daily work, flagging suspicious invoices, reducing cycle time and saving their organizations money.

Artificial intelligence is boosting efficiency and making life easier for thousands of AP professionals today. But many of these professionals are undoubtedly wondering if sophisticated software might one day put them out of a job.

The fact is, workers today at nearly every level—and across nearly every industry—are worried about the same thing. Robots are waiting on hotel guests in some countries, while algorithms are writing movie scripts, drones are analyzing crop yields and IBM’s supercomputer is diagnosing disease. How long will it be before the human touch is declared redundant?

Human workers being displaced by intelligent machines is a real possibility in some sectors. But if history is any judge, job displacement is just the first chapter of a much longer story, a story that ends with humans and machines working productively side-by-side.

Read the full article…