Technology

56% of partners, directors or senior managers working in the IT department of accounting companies pointed to technology as the major challenge for their firm.

Remote working

With remote working more prevalent now than ever before, it is vital that organisations such as these have a reliable channel through which to interface with people and manage relationships securely. The nature of the data exchanged between accounting firms and their clients places additional demands on software solutions.

Automation

38% saying their practice "somewhat" utilises automation to drive everyday practices, and many expressing envy at those companies already automating key elements of their work.

Recruitment & Retention

If the new generation of talented, motivated new accountants are indeed in a position to pick and choose where they start their careers, automation and modernisation are likely to have a significant bearing on their choices.