Machine learning has found its way into many sectors, including the accounting and auditing sectors. In recent years, you can find many tools and technologies that aim to bring new solutions to accounting. Two of the most prominent tools used by a great number of companies are aiMunshi and Kofax. aiMunshi is an invoice data-processing tool, while Kofax is an intelligent automation platform. Both of those applications raise the question that digital transformation might make accounting and audit obsolete.

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