ARTHUR GOLDSTUCK: New technology is transforming the accounting profession
But the human element is making the biggest impact
Debits and credits may still be at the heart of accounting, but new technology is transforming the profession, with both smart insights and the human element. And the latter is making the biggest impact.
At the recent Xerocon accounting conference and expo in London, hosted by the world’s fastest growing fintech company, Xero, delegates experienced what can only be described as the future of the accountant. With Xero having grown from 1,8-million to 3.3-million subscribers to its online accounting platform in the last three years and employing more than 4,500 people around the world, it is not only in a good position to see into that future, but also to help create it. Xero CEO Steve Vamos told Business Times that he sees three waves of technology evolution coming...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.