From www.scale100.co: Generative AI could potentially transform enterprise resource planning (ERP) software, making it easier for users to interact with complex systems through intuitive interfaces, such as chatbots or AI-driven agents.

Evan Goldberg, founder of Oracle NetSuite, envisions a future where businesses no longer need separate accounting software like Xero or QuickBooks, as AI can manage financial records in a user-friendly manner.

While there are challenges regarding consistency in financial data, NetSuite is gradually integrating AI to enhance usability and may eventually target small businesses with tailored solutions.