Without doubt, technology has affected all industries. The accounting profession is certainly no different. As these landscapes change and technology continues to move forward, accountants at Springs Finance are here to tell us about why technology is becoming more important, but why you still need to use a real accountant. Reduction of manual work There are now a number of record keeping technologies which should not only reduce the amount of manual input but should also reduce the margin of error. Data entry on Excel or manual ledgers are fast becoming outdated and are being replaced with specialist accounting software. Companies now have the potential to streamline the entering of data. Added value from accountants These new technologies enable, for example, data to be imported directly from a bank account meaning there is less time spent on basic data entry. This enables Accountants to provide their clients with more strategy and advice, inte...
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