Technology has long played a critical role in the work of accountants. Some of the oldest relics of human civilization dating back more than 7,000 years ...
IT Support for Accountants: The Biggest Technology Challenges
The advancement of technology has had a significant effect on accountants in today's business environment, and managed service providers (MSPs) are increasingly providing IT support for accountants to help meet the needs of their clients. While the use of technology offers many benefits, it has also challenged the working environment of accountants. Over the last few years, the accounting world has experienced drastic changes that will have an impact on the industry for years to come. Here are just a few of the most prominent technical challenges that accountants face in today's technological world:
Have you noticed your client base shrinking as technology becomes more advanced? Clearly, the need for accountants is steadily getting smaller since many computer programs can automatically complete tasks at a much quicker pace. While automation makes the job duties of an accountant much easier, it also significantly reduces the workload, which ultimately reduces the number of accountants needed on a daily basis. Tools are also being created that automatically analyze vast amounts of data which makes it easier for anyone to perform accountant duties without needing to hire a professional accountant. Over the long term, this automation software will enable accounting firms to hire fewer people as the use of technology becomes more commonplace in the field.
The progress of technology allows you to be available at all times, whether it is through text messages, emails or other communication channels. Accountants are expected to always be on "call" in case an emergency situation arises. Fortunately, the use of IT support for accountants can help you reduce these emergency calls through the use of the latest technology. For example, the automation process can help reduce your clients' questions, since it creates data that is easy to understand for people from all walks of life. You can also set your working hours on your phone, and each phone call can be redirected to your voicemail if it is past your working hours.
Accessible to Anyone
The use of technology has made it easier than ever for anyone to perform accounting duties. As you know, many people are now doing their own taxes. So, individuals do not have as high of a need for accountants. Accountants will see fewer individuals and far fewer casual walk-ins on a day-to-day basis. Accounting firms that rely on the business of individuals will experience a reduction in clients and will need to focus more of their attention on small to medium-sized businesses.
If you are looking to increase automation, availability or accessibility, you can rely on us at DCG Technical Solutions. We help accountants take advantage of the latest technological advancements in today's ever-changing IT world. Our IT support for accountants significantly reduces the complexity of the accounting world. We have a staff that is available around the clock and will be more than happy to answer any of your questions. Contact us today and let us begin a successful partnership that can help your accounting firm reach new heights through the use of technology.