Post-pandemic issues facing the accounting sector

The pandemic stretched leadership teams in the finance and accounting sector, highlighting the value of investment in technology, explains Nick Peplow, solutions director – finance & accounting, at Liberata

The past two years have been a unique experience for the finance and accounting (F&A) sector, pushing leaders to become more creative and explore a range of different approaches. Accordingly, we have seen teams adapt at scale and pace to mitigate the worst impacts of Covid on the interconnected financial system and the broader economy.

But the roadmap to recovery will hinge on the sector developing even greater reserves of resilience in the months ahead.

As business models continue to be modified and rebuilt, automation and artificial intelligence (AI) are coming to the fore as drivers of transformation, enabling businesses to obtain higher levels of efficiency and intelligence.

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