The demand of the national market for the capacity of analysis and order that adds up an Accountant to business is increasing, this in the face of a business landscape of constant change. Given the need for agile and efficient processes, what aspects does the accounting professional need to handle in order not to be left behind?
Challenges of the Present
The main challenge for careers in all administrative areas goes hand in hand with the so-called Revolution 4.0The development of technologies such as Big Data, Internet of Things, among others, open a window of opportunities for various sectors such as Accounting and Finance.
It is increasingly common to hear experts in fields such as Fintech, which propose solutions to the banking needs of both businesses and consumers. Or see accounting firms whose proposal goes beyond the simple accounting record of business, and bets on the use of management tools that allow a quick analysis of the guidelines to carry out a business.
Just in this case changes the landscape of many professionals in the field: clients are looking for an accountant to be their ally, provide quick answers to challenges in the accounting management of the business, and strategies that help you project exponential growth with solid foundations.
A new role facing new Business Models
The main challenge faced by rigorous accounting processes lies in the adaptability of new business models. new business models models such as startups require to maintain accelerated growth.
Even in the case of small and medium-sized enterprises (SMEs), where the decision-making process is shorter, a prompt response to an accounting gap is vital for the small business owner to ensure the life of his business.
That is why new businesses expect their accountant to be a figure that adapts to the digital transformation, that perfectly manages automated processes and is aware of market updates in terms of tools that streamline day-to-day functions.
Securing Profitability in a Changing World
The constant today is change, and new business owners are looking for services that provide security within this changing landscape.
The entrepreneur questions all aspects of keeping his project afloat: Do the tools I use generate a significant return on investment? significant return on investmentAm I tying my business to obsolete systems that don't keep up with my client's needs? How do I offer striking advantages over my competition?
Both accountants and financiers have to offer added value within their work proposals, from services that provide strategic value in business planning, to recommendations for systems that enable centralized management.
Having a brand image aligned to the new accounting profession, with a view to a comprehensive training, able to lead the changes of the new digital economy, will make a difference in the degree of employability and subsequent professional success.
Tools for the 21st Century Accountant
Panama requires more and more accountants prepared to face the changes of the Digital Transformation, and lead the updating processes required at a national and regional level.
From InterFuerza we work to develop technological solutions that meet the needs of the country. That is why we generate initiatives such as our next presentation at the National Congress of Accountants, to provide spaces in which accountants and financiers receive updates on topics of interest to the sector.
We also sponsor the Accountant Club, where we share updates in the accounting field with professionals who are already working with digital solutions for their clients.
Join the Club and update your accounting services offer.