Digitalisation of accounting

The digitalisation of accounting is one of the key trends that have transformed traditional accounting processes in recent years. It involves a shift from paper documents and manual processing to electronic systems and automated processes. At AICCON, we are thoroughly committed to digitalisation and know how to effectively adapt this process to the needs of our clients. Based on our own experience with digitalisation, we have selected specific advantages and reasons to digitise your accounting as well.

Advantages of digitised accounting:

• Increased efficiency and process automation
  With the help of digitalisation, you can speed up data processing with automated systems. Whether in the form of imports, API connections, invoice extraction or data files. This significantly reduces the time spent on routine tasks, giving accountants more time to review data, monitor legislative changes and self-educate.
• Reduction of error rate
  Manual data processing is prone to errors that can lead to inaccuracies. It is digitalisation that helps minimize these errors through automatic data entry and control mechanisms in mostly repetitive tasks.
• Data transparency and accessibility
  Electronic data storage allows a quick access to financial information anywhere, anytime. It ensures better data transparency and easy sharing between users. The filters quickly help you find the data you need without searching through paper invoices.
• Cost savings
  By going digital, you save on the costs associated with printing, storing and delivering paper documents. Everything can be archived in the cloud at a fraction of the cost of a traditional physical archive.
• Security
  Compared to physical documents, in a digital environment you can have a full control over the use and sharing of the entity’s information. Access rights, encryption and other security measures can be set to protect not only financial data but any sensitive data.
• Integration with other systems
  In modern accounting, the integration of other systems is an essential part of an efficient chain. Linking the accounting system with, for example, banks, ERP, warehouses, CRM and other systems allows companies to get a detailed overview of their management in real time. Last but not least, artificial intelligence can also be used to help with data mining or analysis.

Why digitise accounting?

Digitalisation of accounting is becoming a necessity for companies that want to keep up with their competitors and improve their operational processes. It also allows companies to manage resources more efficiently and better prepare for future growth. At AICCON, digitalisation has enabled us to simplify internal processes, increase the accuracy of accounting operations and better respond to our clients’ requirements. In addition, thanks to digitalisation we developed our own reporting that displays real-time accounting data.

If you are thinking about going digital and you would like to clarify certain things, do not hesitate to contact us. We will be happy to advise you and help you with not only the implementation but the entire process.