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Digital Transformation for Medium-Sized Enterprises: A Finance Director’s Guide Part 3

14th Dec 2017
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Award-winning cloud accounting software for multi-company businesses.

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The affordability and the advancement of Cloud-based business applications is causing business leaders to challenge the status quo: they want less admin, better decision-making and access to information from anywhere, at any time.  Most of all, they want to make their businesses more profitable.  Unsurprisingly, it is the digital-savvy Finance Directors who are leading the change and realising the returns on investment.

This series of three Digital Transformation articles aims to summarise what you really need to know about Cloud accounting and automation, dispel concerns you might have about introducing new technology, and help you create a successful plan for implementing change. 

Previously, in Part 1 we discussed how to evaluate the status quo and how to assess the need for change.  In Part 2, we looked at implementation planning and how to make a success of your transformation project. 

In AccountsIQ's Digital Transformation guide Part 3, we look at ways to ensure your project continues to evolve and your business continues to benefit from ongoing technological advancement.

All You Need to Know About Digital Business Strategies But Were Afraid to Ask.

Today, most start-up businesses are born digital for which they can thank mobile technology in providing that immediate advantage.  There is a strong sense that developing a coherent digital strategy will give businesses a significant competitive edge for a number of well-argued reasons;

  • Increased employee engagement with fewer repetitive tasks and increased time for more interesting work
  • Your work culture becomes more team-oriented through the ability to collaborate remotely
  • It’s an opportunity to put your business processes under the microscope and re-write them more efficiently

Some mid-sized businesses, formed before the digital age, are faced with either embracing digital change or risking being left behind with dated technology.  

If you are ahead of the pack, you will already have begun on a path to digital transformation.  If you are a Finance leader, you will probably have started in your own department by adopting a Cloud-based approach to your accounting.  It might now be time to consider looking at the processes in different parts of your business which link to your accounting processes and forming a wider digital strategy.

AccountsIQ digital Transformation part 3 guideDownload the full Digital Transformation Part 3 guide.

About AccountsIQ

Designed for the cloud, AccountsIQ is unique in providing Accounting, Consolidation and Business Intelligence in one powerful solution. The online accounting platform is delivered as a fully hosted Software-as-a-Service offering which cuts costs, informs better decision-making and boosts productivity.

It is designed for organisations who need a common platform for managing and benchmarking multiple companies and business units.

Get in touch for more info, call us on 0203 598 7350 or email [email protected].

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