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Summary: 2019 Trends Accounting Software
How the Accounting business process gets redefined?
Accounting Software records and processes accounting transactions within functional stream such as sales and purchasing for bookkeeping.
Adoption for Best Accounting Software would increase as the market expands by 24%
With more companies moving to e-invoicing, will make it easy for accountants to manage and trace invoices.
Robotic Process Automation will automate the accounting and book keeping practices.
Small and Medium business embracing fully integrated accounting software.
Block chain will continue to rise and as a shared ledger it will reduce fraud.
Expansion of adoption of Cloud based accounting.
Artificial Intelligence will significantly stream line the auditing process and reduce the time taken for auditing.
More adoption to accounting aps.
Top Free and Open Source Accounting can be used to start with accounting software to send invoices, tracks time and expenses, integrates with your bank.