Technology Will Play A Key Role In – Secretary -General Tô Lâm said that technology plays a key role in economic and social development, and that digital transformation has become a problem for urgency to achieve the vision of Southeast Asia to improve productivity, support innovation and improve life standards.
6. National Forum for Digital Technology Company VIệT took place yesterday in Hà nội with a discussion about the digital transformation process in the country.
Technology Will Play A Key Role In
In an interview for this event, the Secretary General of Tô Lâm emphasized the importance of attracting quality direct foreign investments (FDI) to allow domestic companies to access advanced technologies.
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He emphasized current challenges, including uneven development in US regions, resulting in even more difficulty in receiving and implementing technology. Meanwhile, the country’s infrastructure is still missing in the relevant investment in modern technology.
This deficiency affects the connection throughout the country and disrupts the sustainable development of the digital technology industry, he said. The comprehensive solution of these problems is essential for us to fully use the potential of digital technology.
He said that technology plays a key role in economic and social development and that digital transformation has become urgent to achieve the vision of Southeast Asia to improve productivity, support innovation and improve their standard of living.
At the event, the Minister of Information and Communication NGUYễN MạNH HYNG said there were unprecedented opportunities created by the fourth industrial revolution that could serve as the basis of society to spread global and address international challenges.
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In addition, VIệT NAM transformation remains a long -term strategic goal in strengthening national competitiveness and improving the country’s position on the global economic map. Using advanced technologies, the country focuses on improving key economic sectors, promoting innovative business and building independent, self -determined and sustainable economies.
“Make in Việt” is a commitment to creativity, design and production of Vietnamese companies. This reflects the spirit of trust and mastery in the development and application of technology. This approach is vital to prosperity and long -term stability of VIFT, with a strong sector of national defense and security.
The forum discussed various topics, including policies and development strategies for semiconductor industry and artificial intelligence, which were identified as key components in the country’s development strategy. Discussions that include proposals for revolutionary institutional and political changes support the support and gathering of the collective efforts of the government and society in improving Vietnamese companies.
This annual event organized by the Ministry of Information and Communication provides a platform for government leaders and experts in technology to meet, discuss and propose key instructions to promote creativity and innovation in the production of technologies in the US.
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Digital technology prices were also determined in 2024 “Make in Việt Nam”, which recognized extraordinary digital products that show Vietnamese intellectual perfection.
The forum was held an exhibition with 40 cabins, which provides participants with the opportunity to experience the best digital products and services of VIệT USA. In today’s financial and business environment, the importance of technology in accounting cannot be revised. Since the accounting domain adapts to dynamic market requirements and developing regulations, technology appears to be the basic pillar that remains forward.
This transformation stimulates a number of innovative tools, software and systems using advanced technologies such as artificial intelligence, cloud computing, machine learning, blockchain, natural language processing and accounting automation.
In this article, we divide into the transformation impact of technology on modern accounting and illuminate how to allow companies to optimize financial processes, ensure compliance and move in the complexity of digital age.
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Modern accounting transformation Trans-do end process from data collection for verification, emphasizing automation, digitization and data-focused methods. It uses technology to automate tasks and relying on manual implementation to increase efficiency and accuracy in financial business.
Modern accounting also emphasizes the approach and integration of real -time data. Cloud -based accounting platforms allow financial data to be accessible from anywhere whenever they make it easier for better team members to cooperate and allow early decisions. These systems often include strong reports for reporting and analysts that provide a deep insight into financial performance and trends. Integration with other trading systems such as ERP and CRM software, modern accounting solutions offer a unique insight into the organization’s financial health and ensure that the creators of decisions have comprehensive information they need to grow and maintain compliance with regulatory standards.
Accounting technology includes a wide range of tools, software and systems that play a key role in accounting. These solutions affect advanced technologies such as artificial intelligence, cloud computing, machine learning, blockchain, natural language processing and accounting automation.
The great influence of accounting technology is evident in the ability to transition traditional manual processes into simplified and available accounting flows software -based cloud software. This evolutionary shift allows the digitization of previous intensive tasks such as accounting procedures, shortening time frames from weeks to just minutes. Accounting solutions, such as financial closure software, actually automate the most close tasks, which leads to a reduction of 30% on days.
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In this way, accounting technology acts as a catalyst, supports increased efficiency, increased accuracy and time of time for accounting teams in industries.
Accounting technology includes a diverse range of tools and software that increases the efficiency of accounting teams, allowing them to focus on larger business values. In the transformation of the accounting landscape, eight main technologies play a major role.
The automation and artificial intelligence is known AI exponential influence in various industries and in the accounting sphere and transformed the landscape of accounting by automating and optimizing numerous processes. Tasks that have once repeated, tiring and long -term, such as audit, tax, salaries and banking, are now effectively processed through artificial intelligence and automation. This allows accounting to focus on more complex tasks such as financial analysis and strategic planning. Automated systems can also reduce the risk of human error, leading to a more accurate financial reporting.
With key S mechanisms, through which AI transforms accounting processes, include routine tasks of manipulation, minimizing human errors and improving transaction accuracy and financial statements. Solutions such as comparative transactions automate your comparative procedure with the accuracy of AI/ml Match strength in data sources. This results in 80% of the accusation automation.
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In addition to automation of AI tasks, it simplifies complex processes such as audit, traditionally disturbed by large data sets and time limitations. AI enables detailed analysis of extensive data files in a shorter time and reveals neglecting risks in traditional audit. In fact, the narrow lists of people’s control census are entitled to be an audit and ready to observe the clear visibility of changes in the task. This provides effective hitchhiking audit with accompanying documents, comments and web links to audits.
Progress in AI capabilities applies to fraud detection, risk assessment, data analysis and pattern recognition and organizations performed by AI-Chatbots for current financial answers.
The most important advantage of integrating the application into accounting is to set up a continuous self -confidence system. Once AI becomes complicated integrated with accounting tasks and learns continuously, it automates recurring accounting processes with increased accuracy. This increases accounting processes over time and contributes to increased efficiency and accuracy of accounting.
Machine learning teaching (ML) plays a major role in modern accounting using algorithms to create models that can automatically process large data files. These models are greatly recognized in recognition of formulas in accounting tasks such as accounts or transactions, immediately identify deviations for more accurate reporting and savings during audits.
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ML in accounting revolutionizes the processing of huge data sets that would otherwise be strenuous for human analysis. These models rapidly process millions of real -time financial transactions, which drastically increases accounting efficiency. For example, with anomalies with AI/ml, organizations can recognize errors and omission in the original ERP data and switch to continuously close to solving 80% of anomalies.
In addition, continuous learning allows ML models to modify and improve performance over time, which has helped to detect fraud in the financial statements. By facilitating more efficient audits, advanced ML models contribute significantly to the accuracy and prevention of fraud in modern accounting.
The cloud -based cloud account is the basis of the Revolution of Accounting Technology Foundation and offers current access to data and computing resources. In modern accounting, it includes switching to cloud data storage systems to a centralized website available via the Internet. This trend is important between accounting teams due to numerous benefits, including flexible approach, real -time cooperation, scalability and cost efficiency.
Unlike the traditional methods that rely on individual work surfaces, the clock -based accounting centralizes information and facilitates the integration of mercury into applications and sources of data. This centralized storage stimulates teamwork and eliminates the limitation of the device -specific equipment. Clients and accountants are authorized continuous updates to make informed decisions, while automation work on work saves time and improves availability and security.
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The impact of cloud technology is expanded to convert manual financial monitoring to computer systems. The budget tables are replaced by dynamic computer systems that quickly convert transactions into detailed financial statements, which significantly improves business functionality. Real -time financial reporting is possible, which allows companies based on the latest information.
As cloud computing proceeds, technologies such as artificial intelligence, machine learning, blockchain and the Internet of Things will continue to start accounting for the future based on the future. This development of liquid promises increased efficiency, accuracy and innovation in an accounting environment.
Robotic Automation (RPA) Robotic process automation