In the business world, accounting transformation means more than just having the right technology and data. It’s about how you use them.
Donna Conte, Warren Averett’s principal, service area leader, breaks down how modern technology can meet and exceed evolving business expectations.
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Transcript:
Using an outside person to help with just driving goals and accountability of your team is, you know, is a huge benefit.
The services are becoming more and more popular today, giving the change in the environment of business transformation. Really, their clients are looking for more and more. It's not just automations and helping us do what we do better, but now how do we interpret that data?
So they're looking for more and more insights strategic planning, budgeting, forecasting, cash planning. You know, just so, they're really looking for advisory services, not just, hey, let's get this done and prepare some financial statements at the end of the month.
So now that they have access to all the data, they want to know how do we use it? And then, they're also looking for better reporting. They want it better, quicker or faster. And they really want it to be smart. I guess they want it to be easy. They want to just look at the report and see what they need without having to dig it out.
Looking for technology that will kind of find anomalies, those kind of things using AI. Everyone, you know, it's kind of the buzz thing. Now, how are you using AI? They want to know how can they use it and how can they use it to make their jobs easier. So now that, clients have come a long way in their technologies, they are again, they're asking us, how can we make this better? What can we add on now?
So it's evaluating what they're doing and helping them determine how can we make this better. How can we make, you know, add one more piece of technology to make the processes and efficiencies even better? It's it's just an everyday conversation really, because it's changing so quickly.
