In terms of financial management, while the former intelligently balances their monthly expenditure and savings, the latter recklessly wastes time, money, and other resources to achieve little. Always huffing and puffing, such people are the masters of delaying important tasks until the eleventh hour. On the flip side, poorly managed businesses share several commonalities with untidy, disorganized, and unprofessional individuals. Like clockwork, such people follow a systematic daily routine that involves showing up to work early, following a routine, and completing their work without procrastination. If we draw parallels between organizations and individuals, then successful, well-run businesses resemble those who manage their lives immaculately in every possible way. In a world where machine learning is becoming a commodity technology, is your business implementing AI in accounting to get your financial management right?
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