Accountancy firms must adopt digital technologies such as the cloud, big data, automation, artificial intelligence (AI) and machine learning to deliver customer services more efficiently and cost effectively, according to a new whitepaper from Prodware.
Digital transformation: the changing relationship between accountants and their clients outlines how digital technologies are changing the relationship between accountants and their clients.
It explores the factors impacting this relationship, including upcoming structural and regulatory changes, as well as Brexit and the new US administration. It also highlights how digital technologies can make accountancy firms more proficient, productive and capable of taking on an increased number of clients, and deliver more value through data insights and compliance with new industry regulations.
To read the full report, click here.