Most professional
Evidence of the mobile and social impacts of technology is visible everywhere, and no business is immune to the requirement to adapt or perish. Rather than viewing the shift in technology application and use as a threat to previous well-rehearsed process models, wise practitioners are finding opportunity to change things around a bit, facilitating workflow and process improvements and creating new opportunities where they didn’t previously exist.
Breaking Down Time and Distance Barriers
Adoption of cloud computing models is accelerating. While
Where accounting and bookkeeping activities were largely centered on the collection and processing of paper-based information, the requirement today is more in the context of matching up data coming from various sources, translating transactions into actionable information for business owners and managers to consume in real time. Focusing more on reporting and analysis than simply data entry, professionals are able to take advantage of the time efficiency afforded by the cloud.
Business and information previously moved at a slower pace simply due to the time required to transmit or transport information from one place to another. No longer the result of coordinated activities around document-based processes, information for business accounting is being integrated electronically, with transactions and data points flowing through systems rather than being manually translated and rekeyed.
The Time to Implement Cloud Services Is Now
There’s no question that time to value is the measurement applied to the implementation of new technologies and the business models they afford. Accounting professionals are recognizing that the time for adoption and implementation of a cloud-based service strategy is now, when the opportunity is greatest and the ability to demonstrate forward-thinking innovation is clearly present.
Professionals must consider whether or not they’re keeping pace with competitors – whether or not the current portfolio of services and offerings meets the demands of today’s mobile enterprise and tech-savvy
Too many businesses are overburdened with managing and maintaining IT that supports status quo
Make Sense?