Top tech trends for accountants and bookkeepers in 2016
March 09, 2016

Between the presidential race and the various changes in tax laws, it might be confusing to navigate through 2016. There are many questions to ask regarding the coming year: Should one buy a driverless car? Will Chipotle ever be safe again? Despite the cultural turbulence, accountants and bookkeepers can maintain a firm hold on their business by keeping an eye on trending technology and using comprehensive accounting software.

Presenting the tablet
According to Accounting Today, McGladrey, one of America's top accounting firms, recently bought a tablet for every single one of its employees. That's over 6,000 accountants and bookkeepers - no small expense, even if the firm had chosen a budget option.

Tablets, like their smartphone counterparts, are lightweight and portable, making it easy to work on the go. Their larger size doesn't make them suitable for carrying in one's pocket, but it does turn tablets into a great choice for small presentations and complex interfaces. Plus, more software providers develop mobile apps for even better integration across all channels.

Reach for the sky
Cloud computing is taking multiple industries by storm. Oddly enough, according to AccountingWeb, it's taken accountants and bookkeepers a while to get on board. Part of the reason for this, the site reported, is the lack of comprehensive cloud options offered by accounting software providers. When software was directly located on a firm's computer instead of accessed via the Internet, the applications were more comprehensive and had a wide assortment of uses. Now, cloud solutions are stronger and make accessing files easier. Their capabilities rival those of their desktop counterparts, and they're easier to access when out of the office. Plus, most software providers charge a business-friendly monthly fee for cloud subscriptions.

Do you see what I see?
Every accountant and bookkeeper has at least one client who insists on documenting expenses in their own poor handwriting. Thankfully, optical character recognition is here to put the struggle of deciphering handwriting to rest. The technology turns written text and pictures into documents accountants and bookkeepers can easily read and edit. OCR captures client receipts, pulls out all the relevant info, then uploads that data to the Internet. Accountants and bookkeepers can, of course, access these receipts through the cloud with their tablets.

While laws regarding accounting become more nuanced each year, accountants and bookkeepers can rely on technology to help keep their jobs simple. Adopting these 2016 trends helps them smoothly handle any sudden surprises, whether from clients or the industry as a whole.

Nexus: G-WEBCD3