Years have passed, and as we can all see, COVID-19 has brought a great change in every industry. New variants of it are coming and changing the lives of millions and businesses as well. What can be the case for a leading accounting firm?

Automation increases productivity and significantly decreases the business running cost which is visible to almost everyone now. However, it’s coupled with stories about the misconception that automation is taking jobs away. However, according to studies, only about 5% of human-dependent tasks can be completely automated.

When we first started our business, our goal was to change the entire hourly work pattern of data entry. We knew we had to find a solution because it was no longer useful and had a major impact on the productivity of our INDUSTRY’s employees.

The job of CA spans from financial controllers and directors to senior executives. They must always be proactive and clear-headed as they assess the current health of the organization, collect data, analyze it, and estimate what lies ahead.

People use a variety of software to meet their specific business accounting needs. Maintaining the integrity of data becomes critical in such situations. Here, we have explained how using Excel to Tally Automation software can assist you with all types of data integration in Tally.

As an accountant one has to do so much more than just number crunching, Data feeding. Accountants are the important entity of the business that develops financial strategies, give strategic advice, comply with tax regulations, monitors expenses for the client or top management, suggests ways to boost revenue in their business and the list goes on.

How often has manual tally resulted in more problems and errors in your daily tally process that can be avoided with a better alternative?

Accounting software is an important tool for the company’s financial records, from simple invoicing and billing to tax estimates and project management.

What do you think? How are the current trends in the accounting industry changing? Well, in our opinion, the pace of change is accelerating, owing largely to the lightning-fast advancements in technology. The pandemic has accelerated that adoption in many ways. For example, more people are using cloud-based accounting software, and there is a shift toward automation and artificial intelligence.