Clients and customers are demanding ease of use and constant access, which means professionals need to stay up-to-date with current technologies that will help them better serve their customers. The bookkeeping role is a great example of how disruptive technologies can impact efficiencies.
In the not-so-distant past, bookkeeping was a labor-intensive process, with the majority of time spent on data entry. Today, new technologies in accounting have evolved the traditional role of the bookkeeper, giving them the opportunity to become an invaluable source of insights, analytics, and best practices throughout the company.
Here are four key ways in which bookkeepers can work to embrace current advancements in technology to evolve their role.
1. Keep Your Head in the Clouds
While some accounting professionals are still trying to resist change, cloud computing is already widely utilized in the industry. For those who haven’t fully embraced the cloud, now is the time. Whether it’s downloading a bank statement from the bank’s website or a web-based email server, cloud computing helps to reduce bookkeeping turnaround time and increase efficiencies throughout the industry.