2 min read

Explain it to me like I’m 5: Automation and Accounting Software




Automation is a job creator, not a job killer.

Gone are the days when automation was seen as a corporate boogeyman lurking to snatch away jobs. Today, in the dynamic landscape of modern accounting firms, automation is the cool new kid on the block, transforming how we work and creating exciting job opportunities. For instance, small business accounting isn't just about crunching numbers anymore. With nifty accounting software, it's evolved into a hub for generating valuable business insights. Imagine this: a tool that not only manages your books but also provides data resulting from the books, crafted into insightful advisory strategies and tactics. This wealth of data becomes a treasure trove for generating actionable business strategies. 

New job roles are emerging in interpreting these insights, where professionals use this data to advise on business growth strategies, efficiency improvements, and even market expansion plans. Automation in accounting isn’t replacing jobs; it’s evolving them into roles that require a blend of tech-savvy and strategic thinking.

Boring is Out. Accounting is Exciting Again

The days of the yawn-inducing grind of repetitive tasks are over. Automation, with its arsenal of tools like small business accounting software and slick bookkeeping systems, is here to take the bore out of your chore. Employees are now free to dive into the deep end of creativity and strategy, finding more meaning and joy in their work. And hey, more happiness at work means better coffee break chats, right?


Money-Smart, Future-Ready: Automation’s Economic Encore

Who doesn’t love saving a buck or two? Automation, with its cool tools like inventory management software, is like a savvy financial wizard for businesses, particularly the smaller ones. It’s not just about shaving off expenses; it’s about gearing up for the big leagues of growth and competition. Think of it as the secret sauce that helps small businesses flex their muscles in the big market gym.

In firms, automation frees up resources — employees’ time, money, and more. It can strengthen and broaden profit margins and allow employees to do more of the work that matters to clients: informing their bottom line with actionable strategies.

New Jobs on the Block: Automation’s Employment Playlist

Forget the old tune of automation taking away jobs. It’s time to hit play on the new track: automation as the DJ spinning the job creation disc! As firms automate processes and grow, new roles pop up – system gurus, data wizards, and digital strategists, just to name a few. It’s like opening a treasure chest of new, shiny job roles that didn’t even exist a few years ago.

Even better, automation allows more time for client interfacing. Accountants can now learn more about clients’ business goals and realities, bringing automated insights into the conversation to help drive meaningful next steps. True partnership with a business strengthens the bond with your firm, building a relationship that secures the future for both parties.



Riding the Automation Wave: Upskilling as a Job Perk

As automation becomes the norm, it’s not just about keeping up; it’s about riding the wave with style. Upskilling and adaptability are the new cool. Learning to use the latest inventory management software, for example, isn’t just a skill; it’s a ticket to staying relevant and rocking the ever-changing job scene. 

But here’s the twist – firms are now viewing upskilling as a key benefit of employment. It's a win-win: employees get to learn new, marketable skills that they can use to shine in their current roles or even in future endeavors, while businesses cultivate a more capable and versatile workforce. This approach not only future-proofs employees against the tides of technological change but also fosters a culture of continuous improvement and innovation within the organization. It’s about showing automation who’s boss – you!

Automation is reshaping the accounting world in ways more exciting than ever. It’s not the villain in our employment story; it’s the hero, opening doors to new opportunities and a brighter, more efficient future. So let’s welcome these cool, techy tools with open arms and a readiness to ride the wave of change. 

Just by coincidence, we have just such a cool techy tool coming later this quarter. Botkeeper Infinite will be a solution that adapts, grows, and evolves with your firm, offering endless possibilities. We're taking the ceiling off what's possible in the accounting world.


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