How Technology Will Change Accounting in the Next Five Years
All professions experience significant change when advances in technology enter the picture. However, technology is affecting few professionals as significantly as accountants.
The old-timey introduction of computers and accounting software transformed the accounting profession. And today’s accounting work is far different from what occurred a few decades ago.
Pencils, green bar paper, and printed ledger books are dusty relics these days more likely to be seen in a museum than in an office.
Significant changes coming for accountants from technological advances aren’t finished yet, either.
Embracing change and preparing for it can make your accounting department healthier and in a prime position to work more efficiently.
How has technology improved accounting?
Certainly, accountants haven’t embraced new technology just for the sake of being trendy. (Although we all know accountants love being extremely fashionable in all aspects of their lives.)
Accountants embrace new technologies because they provide advantages. Computers and accounting