The long heralded replacement of bean counting withautomated software in the accountancy world appears to be happening on a scalethat will force many currently in that market into different careers.
Driving change is not just the increasing hassle ofcompliance requirements but also the option to make the technology take thestrain.
Vendors including Sage and Pegasus have been encouragingcustomers to use the technology to handle straight forward accountingprocedures to free up accountants time to strategise and add value to thebusiness.
In research carried out by E-conomic 84% of thoseaccountants quizzed saw their roles in the next five years evolving to put theminto positions of advising firms on tech issues to improve profits andefficiency.
A large proportion, 40%, also saw themselves in a rovingdigital advisor role inputting on information gathered in the cloud rather thansitting in a specific office location in a designated department office.
Anders Bjornsbo, E-conomic’s operational director and UK countrymanager, said that the indications that accountants were keen to use technologywere encouraging for their future job prospects.
“The need for accountants to embrace technology, and thespeed of change brought about by online technology has been the elephant in theroom for too long,” he said.