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Oct 3, 2018 · The FD’s role is now going through its biggest change for two or three decades. Technology is starting to automate many of the FD’s traditional tasks, which may mean that in the not-so-distant future FDs may have the most rewarding and challenging job in the boardroom.
- Accountants are in the cloud instead of being stuck in the office. “By far, the most disruptive revolution we've seen in the accounting industry has been cloud-based accounting,” says Martin Chee, CFO of Amaka.
- Accountants are using new channels to find and connect with clients. “Social media has become a widely used technology in accounting, and it is changing the way business development is performed,” says Herbert Riggs, CEO of UnscrambleX.
- Accountants are able to access more diverse roles. “The boring, unpleasant work of accumulating and computing data is one of the aspects of accounting that professionals dislike the most,” says Darshan Somashekar, CEO of Solitaired.
- Auditors are focusing more on risk and less on counting boxes. Stephanie Ng, CPA and owner of IPasstheCPAExam.com, notes how auditors experience a lot of headaches when it comes to counting inventory.
Jun 12, 2024 · Learn how technology in accounting improves accuracy, boosts security, & increases efficiency. See why modern solutions outperform legacy software.
Jan 16, 2024 · Accounting technology encompasses a wide array of tools, software, and systems that play a crucial role in accounting. These solutions leverage advanced technologies like artificial intelligence, cloud computing, machine learning, blockchain, natural language processing, and accounting automation.
Oct 25, 2017 · A virtual FD service provides a part-time financial director (FD) for your business clients. This gives clients an experienced finance professional to sit on their board, provide long-term strategic guidance and bring the company the high-level support they need as a business.
Feb 1, 2013 · Why not be more strategic about it and reduce the reporting workload for everybody by working with colleagues to identify the measures that really matter? Then the FD can construct simple web-based dashboards to cater for their main reporting needs.
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Sep 17, 2021 · Find out how information technology impacts the accounting profession, how accountants can use it to their advantage and how IT drives the industry forward.
