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24 Oct 2011
ACCOUNTANTS need to be more online capable if they hope to keep their SME clients according to research by CCH.
Technology provider CCH found more than a third of SMEs expect their accountants to be able to process all their documents in digital format within the next two years.
Further reading
More than 73% said they also want to send at least half of all their data to their accountants in digital format in that timeframe using online tools also known as cloud computing.
Simon Crompton, (pictured) head of CCH Software, said: "As the appetite for - and use of - online systems grows, particularly among a younger generation of entrepreneurs, SME's are emerging as the driving force in the adoption of new technology.
"Accountants need to ask themselves - and their clients - where their own clients stand on this issue."
However, accountants are trying to meet the demands head on with 44% of SMEs claiming their accountant already provides at least one service online, such as accepting scanned documents.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment
SME want accounting software to work online.
I agree.
SME's need to work at any time and any where. On top of witch HMRC wants more online real time data.
The challenge to the ERP providers is to offer SME with a fully electronic solution accessible anywhere any time. So that the SME can use their accounting package to go from VAT return to a copy of the invoice or PO to invoice without having to carry boxes of files on holiday with them.
A challenge for the accounting package providers, to make their products do this with minimum set up.
Posted by: Andy Blackstone, 25 Oct 2011 | 15:00
accountantant on line
this topic is not practically applicable in third world underdeveloped countries in which basic rights of citizen are jeopardise and common man even hard to both end meet. how come we update in this situation .moreover, the multinational companies operating in third world countreis is also faceing the problem of on line recordeded statement where your whole strucuture are unorgnaized sector how come u expect us.thanks
wait first interveiw
Posted by: hameed.boolani, 26 Oct 2011 | 12:44