The accounting industry has become a technology-driven business in today’s world. With the increasing volume of client work and the need to stay ahead of competitors, accounting firms must keep up with the latest tools. A recent study by Accounting Today and Arizent Research sheds light on the key characteristics of successful firms when it comes to leveraging technology.
One of the findings from the study is that leading firms are early adopters of new technology. While they may not plan to significantly increase their technology spending compared to other firms, their priorities for investments are different. They focus on areas such as improving the client experience and enabling innovation.
Tech-forward firms also prioritize technology skills in their hiring process. These firms use more software, more often, and have more digital workflows compared to others in the industry. By adopting these practices, they are able to stay ahead in the rapidly changing business landscape.
If you want to learn more about what tech-savvy firms are doing to succeed, download the report for detailed insights. This information can help you design a roadmap for your own firm’s technology needs, allowing you to stay competitive and continue to grow in the industry.
