cfotechoutlook

The Quintessential Technology Source for Corporate Financial Professionals

6DECEMBER 2021Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerAlbert RozarioSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comRichard Watsonrichard@cfotechoutlook.comEditor's NoteEmail:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com December - 22 - 2021, Vol - 07, Issue - 11 (ISSN 2644 - 2841)Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Paul BarberJoy ParkerCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffAccounting solutions are the backbone of enterprises that keep track of finances and cash flow in and out of organizations. Today businesses are moving away from the traditional method of manually maintaining financial records to using an accounting information system to monitor their finances and make decisions for the company's overall health. Automation has been vital in recent years, but it has become increasingly crucial since people have started working remotely due to the pandemic. In light of this, automated accounting operations are gaining momentum.Modern technologies such as AI, cloud computing and blockchain are also contributing to the advancement of accounting solutions. Some virtual bookkeeping services and accounting software programs use AI to automate repetitive tasks, such as tracking and implementing accounting trends. The market is also witnessing a significant rise in vendors leveraging cloud technology to host accounting software on remote servers, which is used to share data at significant speeds and with minimal cost. With blockchain technology, accountants can track asset ownership transfer and maintain a ledger of accurate financial information, improving efficiency. Several software vendors are coming up with meaningful enhancements in accounting solutions to ensure that businesses will continue to flourish in an efficient manner. In this edition of CFO Tech Outlook, we bring you some of the prominent solution providers of accounting software and exclusive insights from thought leaders in the sectors on the industry trends, recent innovations, best practices and their advice for aspiring CIOs and CXOs.Write to us your thoughts!Simplifying Enterprise Accounting With Technology
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