Digital accounting critical to growth of accountancy firms

The pandemic has changed the world of work, forcing accountancy practices and finance teams to overhaul their approach to work, and technology is absolutely critical to future sucess, argues Ewan Bolt, head of digital solutions at Johnston Carmichael 

So much has changed in the last 12 months. The way we work, the way we shop and even the way we communicate have all been turned upside down as we go through the biggest global crisis in a generation.

Thinking back to this time last year, it seems like a different world, one where we could see our friends and family, shop without wearing a mask and actually go to the pub and order a drink from the bar – halcyon days indeed.

For a while now we have been talking about how revolutionary digital accounting platforms can be, how they could change the way we do business by streamlining processes and allowing real time monitoring of a business’s performance. However, change takes time and, it is fair to say that many businesses have been reluctant to fully embrace technology when it came to their company finances.

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