Accountants spearhead technological revolution

Accountants are leading the way when it comes to adoption of new technology according to research from tax and accounting software suppliers CCH.

The YouGov poll, commissioned by CCH, found that accountants were "racing ahead" of other professionals when it came to using technology to grow the business.

Over a third (39%) of accountants believe technology is the biggest factor driving change in the profession - second only to increased regulation, which received 57% of the votes.

Almost all of the accountants (95%) said they were comfortable processing information and data online with just 70% of business owners and managers saying the same.

Accountants may have some persuading to do in the future as 55% of their clients expect them to process information both online and in hard copy format.

Cathy Wolfe, UK CEO of CCH parent comapny Wolters Kluwer, said: "By moving processes and information online, they can improve speed and efficiency, accuracy and cut down on paper. This all means better service and happier clients."

“However, it seems that they may have some work to do to make their clients understand the benefits of what technology can bring in terms of process efficiency,” she added.

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