Think of an accountant. You’re imagining a middle aged man poring over an Excel spreadsheet for hours at a time.
Now, think again. In 2021, accountancy is set to change forever with brand new technologies which will change the industry forever. Rather than tedious spreadsheet work, accountancy will become one of the most dynamic industries out there — and we’ve highlighted the tech that makes it possible.
Blockchain, for example, will make accounting more sophisticated, removing errors and growing trust between auditors and businesses. Meanwhile, automation and remote working will massively improve efficiency — without the need for job losses — and will allow accountants to work on the most engaging parts of their jobs.
This isn’t all pie-in-the-sky thinking, either, we’ve got real case studies from accountants implementing these kinds of tools in their work and a heap of statistics from market size to projected spend for blockchain and automation projects. Check it out!