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The latest developments in digital accounting and the benefit to our clients.

Attending the Digital Accountancy Show provided a helpful insight into the latest technological developments.

15 May 2024

It was great to be able to join my colleagues in Alliotts Business Services Team at the Digital Accountancy Show, a leading conference for accountants, bookkeepers and finance professionals.

Held on 16 and 17 April at Evolution London attended by around 3000 and delivered at all levels, the show was packed with inspirational and educational talks, presentations, interactive demos and so much more.

We heard thought provoking talks from experts, with my favourites being ‘AI in Accounting’, ‘What does the future of accounting tech look like?’  And ‘Is the Automation worth it?’  The recurring theme was AI and machine learning in the industry; with Rishi Sunak commenting last week that the next five years will be a period of seismic change, it’s clear that we need to embrace the challenge of this change and use it to our advantage.

We know that digital transformation is underway and accounting firm models are changing. The clear message from the show was that the advantages of using technology and innovation are beneficial for accountants as well as their clients.

The list of software and app exhibitors at the show was impressive. As well as catching up with partners we work with, it was good to discover new software and app providers. I was particularly interested in Syft, FYI and Apron.

The team at Alliotts have been using technology to help streamline processes and deliver a more efficient service to clients. By shifting our focus from manual tasks, which have now become automated, to providing business advice and analysis, we are able to offer a valuable and tailormade service to clients. And knowing that we are able to provide advice that can help our clients’ run their businesses certainly makes our work more rewarding and it’s why I enjoy what I do.

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