How is Technology Changing Accountancy

Technology has transformed the accountancy sector, rapidly altering how accountants process data, inform business strategy and interact with their clients. While advances in technology have led to some much needed improvements in efficiency and time management, some tech developments have also caused practices and individuals some issues.

Things like the relevancy of the accountancy role long term; staying ahead of the competition; and how to best leverage the artificial intelligence opportunities, are all potential issues.

To give the best accountancy advice, it is important to understand the fundamentals of someone’s business. If you don’t have a good understanding of what drives a businesses income streams and profitability, it’s difficult to give meaningful advice.

All this new technology is going to require that people in the accounting profession learn new skills. Long gone are the days where accountants in manchester use pens, paper, and calculators to balance the books. These days accountant software technologies have changed the accounting profession.

According to the latest estimates, 7{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441} of all jobs will be replaced by artificial intelligence by 2025 and there is no reason to think the Accounting profession will be immune.

Accountants are going to have to keep up their constant personal development …

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Is Page Speed Actually Important?

This week it was revealed that 73{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441} of consumers would move to a competitor if a website is slow to load.

So, in short, YES! Page speed is, clearly, massively actually important.

A recent survey by Eggplant revealed these quite surprising statistics. In a survey of 3,200 adults from the UK and US, they found that businesses with a slow or underperforming website are likely to lose 73{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441} of customers to a competitor.

Interestingly, website speed is so important that 60{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441} said they feel much more negative to a brand if its site is consistently slow to load. Meanwhile, 23{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441} said they feel the same way if a site is down or not working.

70{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441} of UK adults surveyed rated website speed as important when it comes to online activity. Out of this 70{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441}, 33{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441} said website speed was very important, while just 2{668284420e3c3e703f86693cee83f1c1285e9c7b8ecc41c13b37eea0ef4cf441} of the overall said speed was not important at all.

This comes as google rolls out the last of it’s mobile-first indexing. Having fast-loading content is still helpful for those looking at ways to perform better for mobile and desktop users.

Google has long indicated site speed, and as a result, page speed, is one of …

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