The introduction of IT has transformed the accounting industry. Modern accountants can now collect, manage, and process accounting data more safely and efficiently than ever before. Gone are the days of paper bookkeeping and processing accounting information by hand; digital processes have revolutionised accountancy, streamlining and automating the entire process from start to finish.
Automation
By automating accounting processes through a variety of modern IT accounting systems, accounting processes have become far more accurate and reliable, given that computer systems leave less room for human error. Well-structured IT accounting systems take much of the laborious, administrative burden off of accountants, allowing them to focus on providing high quality accounting services to clients.
Digital Documentation
Gone are the days of loose papers and documents going awry. Specialised IT accounting systems enable accountants to store important documents digitally on protected accounting software behind a layer of passwords and other cyber protection. This erases the need to have and maintain paper records which could be lost, stolen, or destroyed. Further to this, maintaining proper records is vital for HMRC compliance. Without this, penalties may be applied to the accounting firm. Having all documentation available digitally is an excellent way to ensure these penalties are avoided and guarantee that records are kept safe and secure.
Efficiency
Before IT integrated with the accounting industry, accountants were required to do everything by hand, from financial advice to account audits. With the use of specialised IT accounting systems, accounting firms can be far more efficient, effortlessly managing client information at the click of a button. This efficiency, in turn, increases customer satisfaction, as accounting services can now be done at a faster pace and with a greater quality.
Keeping Information Safe
Storing documents securely online is a far safer way of protecting documents than keeping paper records in an office building. Before IT, these paper records could be lost, stolen, or destroyed. Now, sensitive client information is safely secure on protected accounting software behind a layer of passwords and other cyber protection.
Pro Drive IT are a Woking-based IT company providing a range of IT services including IT support, IT audits, strategy, and cyber security across Surrey and beyond. Our friendly team provides specialist, bespoke IT services that cover a range of business sectors, budgets, and use cases. Whether you need IT support in Surrey or you are based in London or across the South East, we can help.
