Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 10

Accounting

Automation
AIS655 Oct 2022
Topic one
Topic two
Agenda Topic three
Topic four

9/3/20XX Presentation Title 2


What is Accounting
Automation
• Software technology that augments
people with process automation.
• Today’s accountants use computer-
dependent tools and processes with
several manual steps and keystrokes. 
• Can transform accounting workflow by
combining disparate actions into a
smooth automated process.

9/3/20XX Presentation Title 3


Challenge of Manual
Accounting
Traditional Accounting Takes
Up So Much Time
Traditional Accounting Is
Subject to Errors
There Is a Lack of Security
in Traditional Accounting

9/3/20XX Presentation Title 4


Accounting automation is
software that lets you
automate the accounting
process so the most manual
tasks are completed instantly
and efficiently

9/3/20XX Presentation Title 5


Advantage of Accounting Automation

It Helps Avoid a It Provides Cloud Its Systems Are


It Saves Time
Cash Flow Crisis Access Flexible

It Provides It Offers It Provides


It Allows for Fast
Storage and Enhanced Comprehensive
Retrieval of Data
Organization Security Analytics

9/3/20XX Presentation Title 6


How to get start with Accounting Autmation
Automating account
payable process Audit Documentation Procurement
There is a huge gap Many of these accounting Procurement is the process
between small businesses documents also contain that involves translating
and large enterprises sensitive details, so companies business needs and placing
concerning invoice would want to avoid handing orders on the necessary
these over if they are not supplies and services
management.
needed. In case any of these
required for a business to
Efficiency in this task records are accessed, any
business owner would like to operate.
contributes to the
company’s overall know who opened them and
productivity. when it happened.
Using intuitive software for
audit documentation should be
a priority of organizations

9/3/20XX Presentation Title 7


What to look for in an
Accounting Software
•Automation
•Core Accounting modules
•Cloud assess and capabilities
•Multiuser access
•Business Intelligent
•A proven track record
•Ability to scale

9/3/20XX Presentation Title 8


Usage of Accounting Automationof Accounting
Automation

Invoice
Accounts Expense Payroll
Processing for
Receivable Reporting Management
Accounts Payable

Financial
Inventory
Reporting,
Tax Compliance Management and
Planning, and
Accounting
Forecasting

9/3/20XX Presentation Title 9


Thank you

9/3/20XX Presentation Title 10

You might also like