4 ways remote technology has changed the landscape of accounting industry

The accountant’s world has changed a lot in the last few decades. If you compare the accountants of the early 90s to modern-day accountants, you will find differences in their work culture, skill set, solutions, and many other areas. For instance, early accountants were more likely to use paper and pencil to complete their work, while today’s accountants are more likely to use computers and software. In addition, early accountants were less likely to specialize in a particular area of accounting, while today’s accountants are more likely to specialize in one or two areas.

Technology has undeniably had the most impact on shaping the accounting industry as we know it today. If it weren't for technology, accountants would still be considered nerdy geeks who only dealt with repetitive tasks and long piles of papers on a daily basis. You don't need to be an expert in technology to know about remote accounting solutions like a. In today's age, remote access has become common place for all types and sizes of businesses and individuals. Remote access allows a person to access data and solutions from any location. This type of solution enables accountants to access their books and data from anywhere, at any time, and through any type of device.

Let’s take a look how remote technological solutions are defining the new era of accounting 

Makes visits optional instead of a mandate

As an accountant, you might have clients and visit each of their offices to access their books, thinking it's no big deal. However, as your client base begins to grow beyond, it quickly becomes impractical, if not impossible, to visit each one of their office locations. This is where remote access comes in to help you cut down on time-consuming travel and other hassles associated with accounting for multiple clients in different locations.

If an accountant uses remote access, they can access their clients' books from their own desktop or mobile device instead of physically going to their office. This would save time on travelling and allow more time to be dedicated towards other important tasks.

Increased productivity in your accounting business

One of the main advantages of using remote access is that it can help improve your business turnover. If you're an accountant or you manage an accounting firm, then by using remote access, you can allow your employees to access the accounting software solution via remote desktop. This will minimize or even remove any type of interruption and non-productive time, which can be very beneficial for your business.

Many accountants who work remotely find that they are able to save time by using cloud-based remote solutions. This allows them to access their office desktop from home, which can increase overall business efficiency. There's no doubt that remote access has given a major boost to accounting firms all over the world. If you're a solo accountant, you can follow suit and enjoy the same success by simply increasing your business turnover. This can be easily done by providing remote access to your clients.

Upfront IT savings

If you are an accountant who works freelance, then you know that money is always a factor in deciding whether to keep or ditch your hardware or software - or if you can just get away with updating it. Most accountants only update their hardware once a year, since they have other financial obligations to consider. In most cases, accountants will ignore any type of upgrade until their current system stops working or starts having issues. But if you want to get rid of these kinds of problems and don't want a hardware upgrade to become a burden on your budget, then you can go for remote access instead.

The best remote access solutions require minimal resources in terms of administration and servers, so you won't have to worry about the cost of hardware upgrades very often.

Higher business continuity

As an accountant, one of the most important things you need in order to provide better accounting services in the market is business continuity. If your clients can't trust your services and don't have confidence that you'll always be available, they'll go to another accountant without hesitation.

Using a QuickBooks enterprise cloud hosting remote access solution has many benefits, one of which is that you won't be limited to accessing your books from a single system. With remote access, you can get to your books from any device, including mobile phones and tablets. This will ensure that you have proper business continuity and that you're always available for your clients.

Final Words

In today's business world, technological solutions have brought about many changes - some industries have been merely changed while others have been completely transformed. The accounting industry is one of those that have been deeply affected by new technologies. In the past, simple accounting software was all that was available to accountants but now, cloud computing has made a huge impact and has changed the way accounting is done. As a result, accountants are more effective, accurate, efficient and productive.