The digital era has brought new technology that has transformed the way we do business, but this new technology comes with new dangers and problems. It is now vital to embrace change and virtual transformation in order to stay up with the changing business landscape and satisfy market needs. Dan Schatt and Domenic Carosa have built a cryptocurrency platform that does just that. Earnity will serve as a one-stop cryptocurrency hub.
The involvement of technology in finance
The emotive expertise of knowledgeable financial professionals is combined with the correct technology in the future of finance. Integrating the appropriate software and tools into company processes allows for more informed decision-making, increased efficiency, and increased production.
The future of finance does not include abolishing human labor and replacing every finance function with artificial intelligence and excessive automation. Instead, the finance professional’s position evolves, necessitating new competencies and learning requirements.
The use of automation
In the future of finance, human intervention in jobs that can be automated will be minimized. Senior managers and human resources must be at the forefront of the shift, encouraging people to develop the skills and mentality required for financial transformation and the digital era. Businesses can make better decisions and expand quicker by embracing AI technology, machine learning, robotic process automation, statistics, and other new technologies.
On the other hand, adopting these technologies does not have to be expensive. Contracting to a Finance as a Services partner is a strategic way to get a qualified accounting team’s technical expertise and knowledge without having to pay for expensive software and finance personnel upkeep.
Dan Schatt is a regular industry speaker, financial technology consultant, an acknowledged specialist in payments, smartphone commerce, and financial services innovation. He partnered with Domenic Carosa in forming crypto platform Earnity, your one-stop destination for the recent updates, analysis, and thematic collections, about finance. It will be right for you if you’re interested in the newest advancements in the metaverse, a supporter of layer one networks, a student of DeFi, or seeking to know about the most recent in NFTs.