What is Accounting Automation?

Accounting Automation uses the technological tools at your disposal to facilitate a company’s accounting process. It is a modern way of keeping accounts without ceasing to fulfil its main function, accounting.

With the arrival of the 21st century, all processes became susceptible to automation. The factories and service companies did it, and now the time for accounting has arrived.

It may seem that the application of an accounting automation system is a complex process with drawbacks, but the reality is that it is a necessary, simple change with a multitude of advantages. Automating accounting is much better than not doing it at all, and the benefits it brings are worth the transition.

What advantages does Accounting Automation offer?

Accounting automation offers many advantages, which is why applying technology in accounting is the best solution.

• Save time: keeping your accounting electronically allows you to find any document instantly. You can do it from anywhere and send the information you want anywhere, with a simple click and with the convenience that manual accounting does not offer.
• Know the status of your company: an accounting automation program allows you to know the status of your company up to the minute. You will have full control of your company’s situation, allowing you to solve any problem quickly and with agility.
• Ease of use: the software is updated daily and is easy to use. Any mistake can be fixed, and you don’t have to go through piles of paper to find it. With an electronic device, you will access the program, locate the error and solve it instantly.
• Backup: allows you to make a daily copy of all data, avoiding the loss of documentation in the event of a system failure.

As you can see, the advantages of < robust>accounting automation are broad and very interesting. However, doubts may arise regarding the risks of possible information theft or virus attacks. These issues should not be a concern; below, we explain why.

Do these disadvantages really exist?

Cybersecurity is a real concern among users and companies due to the growing use of technologies daily. That said, it is important to emphasize that accounting automation programs have data prevention and protection systems.

• Information theft: the security measures that accompany accounting automation allow you to protect information from any theft attempt.
• Viruses: antiviruses protect our data from possible destruction of information. It must be remembered that in the extreme case of a system failure, a backup copy is made daily to avoid the loss of documentation.

Does Accounting Automation work for everyone?

Of course, accounting automation is designed to help everyone and simplify things for you. It can help both small SMEs and large companies and even for personal accounting.

Having exposed all the advantages and demystifying the drawbacks, the importance of modernizing accounting and moving to automation is evident.

How long does an Accounting Automation program last?

The best thing about automating a company’s accounting is always keeping it the same. Good automation software has an unlimited lifespan and will serve you well from the first to the last day.