Category: Future of Accounting

Here’s Why Accountants Are Ready for Accounts Payable Automation

Technological disruption and adaptation can be difficult, particularly for those who work in traditionally regulated industries like financial services. However, Sage reports that an overwhelming majority of accountants (86%) are ready to embrace emerging technologies. In their recent survey, The Practice of Now, 700 accountants were surveyed about technological advancements in accounting and their outlook on…

How Accounting Automation is Changing the Role of CFOs

Back in 2012, the ACCA (the Association of Chartered Certified Accountants) put out a report on the changing role of the CFO, which predicted CFOs would be spending “less time on recording and verifying the numbers, and more time making the data connections and explaining the number implications to the business – applying the finance…

What Automation Really Means for Accountants

Automation is not a new concept in accounting, but it’s often one that is viewed with some measure of skepticism. While the media is keen to push the concept of robot accountants taking over the industry, the reality is something quite different. With the advent of technologies like artificial intelligence, machine learning and robotics, we’ve…

Automation is the Future of Property Management Accounting

Many property managers are overwhelmed by their day-to-day work and don’t have time left over to focus on growing the business. Instead, they do the best they can, using costly outdated or inefficient workflows to get by until they can’t anymore. While property management typically has not been a technology-driven industry up until now, there…