Firms Battle Disruptions in Communications and Workflows
Next up? Scheduling and PAPER.
The Accounting Firm Operations and Technology Survey
COVID-19 and its variants forced a number of challenges upon the accounting profession. Accountants are telling us that tops on that list were communication and workflow, at 49.4 and 49.1 percent respectively. Even solos felt the burn, at 40.6%, so it wasn’t all internal communication to blame, although large firms of 51-100 felt it most sharply, at 60%.
Survey Results
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Some responses that didn’t hit the top six still were notable. Postal mail was called out by 21.9 percent, including 40 percent of solos and 33.3 percent of large firms. Solos also reported phone calls and lost income at 24.6 percent. Despite most groups saying lost income was a challenge, relatively few put that figure anywhere near the one for paying bills, except extra-large firms noting 11.8 percent difficulty with lost income and 5.9 percent with paying bills.
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