It's not a reality—yet—but accounting software is poised to eliminate accountants. We are at a tipping point for many similar professions: online education replacing professors, legal software replacing lawyers. As threatening as this sounds to professionals with many years of education and experience invested in a single field of expertise, the phenomenon of new technologies disrupting the workforce isn't a new concept.
With such a radical technology disruption, there's always the same cycle of debate: outrage, denial, compromise, and defeat. Ironically, accountants are instrumental in consulting with software developers to create the very technology that will replace them.
To access all of the content on our site, register (it's free!) or login to your existing account.
BONUS: If you register now you can opt to receive a digital copy of "Transform" , Richard Francis' new book for growing firms when it's available on March 30th.
About Jonathan Poston
Jonathan Poston directs business development for BooksSetup.com, a virtual online accounting software set-up service for entrepreneurs on the move. It helps entrepreneurs choose the best accounting software for startups, then support its set-up and management.