The Frontier: Software’s becoming too specialized
Accounting Today
Accounting Today, an Arizent brand, is the independent news and information resource for tax and accounting professional
In this bonus installment of the Frontier, thought leaders worry that a culture of technology overspecialization may erode efficiency, and more of today’s top stories.
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The accounting profession’s technological revolution has produced a veritable universe of new tools and solutions to unlock capacities undreamed of by professionals just one decade ago. But is it all too much?
In other news today:
The firm hosted 18 students who learned about accounting, tax and audit careers.
The cloud hosting provider added a new CTO and VP of strategy, while EZLease launched a free option, Payoneer is offering Form 1042 support; and other news and updates from the accounting technology world.
RSM graduates inaugural 2022 class of RSM Excellence Academy; FEI announces new slate of executive officers and board members; and more CPA news.
The West Virginia Democrat told Senate Majority Leader Chuck Schumer he wouldn’t agree to an economic package before an August congressional recess.
Time is running out as Democrats only have until Sept. 30 to use the fast-track budget reconciliation process to pass a bill.
Managing Director at Century Software | Entrepreneur | Innovator | Speaker | Mentor
2 年Thank you Don for mentioning our work and early introduction of a centralized connected environment that is much needed at firms today. Our approach has been to provide firms the freedom to purchase the best applications in the market and not worry about connecting them into a centralized ecosystem. It simplifies processes like client and employee onboarding as well as any process that involves by directional data connectivity.
Chief Information Officer
2 年Today, our industry has software built for virtually any aspect of accounting: not only audit and tax solutions but also financial reporting, regulatory compliance, business intelligence and so much more. However, no single provider has delivered an intergraded suite of solutions that truly meets all of our business needs. Companies acquiring other solutions to fill the gaps in the suite often leads to its own issues with data management and integration. Yet, we’ve seen the industry trend of purchasing licenses on specialized hosted solutions accelerate. It allows firms to get the best applications for each business need. With the right integration services, it’s fast, easy, and requires no major commitment. Century Software recognized this change in the ways firms purchase solutions and started key integration services with their business process automation platform over 3 years ago. Their integration services have allowed our tools to work more comprehensively and enabled us to do more in less time with less effort. It also culminated in much richer insights and analysis now that we have access to data from all our solutions.