Chartered Accountants Australia and New Zealand (CA ANZ) has announced an innovation initiative called CA Kairos to help small to medium sized enterprises (SMEs) access big data.
The initiative includes the Predictive Accountant, the Connected Practice and an accelerator/incubation hub, and will provide a single source data through various tools, dashboards, and predictive models for different client scenarios.
CA ANZ chief executive officer, Lee White said: “There will be a huge demand for professional advisers who are commercially astute and data-savvy who can use predictive analytics to make better business decisions, particularly from small to medium enterprises”.
CA ANZ will work with Microsoft and Westpac to develop the tools.
Westpac head of innovation, Ian Hill, said he was looking forward to the concept of the predictive accountant.
