A lot has changed within the accountancy industry in recent years. In the past, the focus was mainly on carrying out audits, preparing tax returns and producing annual accounts. Today, most of these tasks are performed automatically or done by the entrepreneurs themselves.
Today's accountant is more externally oriented. He has proactive discussions with clients in which trends and analyzes, risk assessments and advice are important topics of discussion. Data analysis and the visualization of the results are of great added value, but big data and information security are also important points of attention at the organizational level. And how do you then deal with managing all available data?
In order to be able to make data-driven decisions, it is important to achieve a certain degree of digitization. Certainly if the client of the accountancy firm also takes innovative steps in this regard. The figure below shows the technology landscape for the accountancy industry divided into 3 different horizons of innovation:
Horizon 1; technology that already exists and is often applied;
Horizon 2; technology that is already available, but is not yet or is applied to a limited extent;
Horizon 3; new technology that is not yet being used.