Talking Cents

How technology has changed accounting, by your small business accountants in Sydney

We know that with the rapid pace of changing technology, that every single industry will be affected and it is important for your business to be ready for the change. But most importantly, a lot of people have taken note of how quickly and efficiently the accounting industry adopted the new technologies and techniques to their practices. If you are laggard in the accounting industry and haven’t adopted these new ways of business, then our small business accountants in Sydney believe that you will be left behind.

Here is how technology changes accounting and the way our business accountants in Sydney changed their methods:

• Cloud computing
• Innovations of tax computing such as Xero
• Mobile accounting, making it a profession on the go and the need for face to face meetings has been reduced
• OCR Technology, is what allows accountants to turn scanned documents into editable documents
• Social Media, has become an essential tool for all accountants to get in contact with clients and potential clients

That is why it is important for your business to be up to date with all the changes going on your industry, just how our business accountants have done so.

If you have any questions, feel free to contact our small business accountants in Sydney with any enquiries.