In today’s fast-paced business world, accounting firms must embrace technology to remain competitive. As a result, these organizations have become essentially technology businesses that need to stay up-to-date with the latest tools to manage their workload efficiently and gain an edge over their competition. A recent study by Accounting Today and Arizent Research sheds light on the key characteristics of successful “tech-forward” firms.
One significant characteristic of leading firms is their early adoption of new technology, which sets them apart from their competitors. However, these companies are not necessarily at the forefront of technological innovation but rather focus on leveraging existing tools effectively. Additionally, they prioritize technology skills when hiring new employees, demonstrating a commitment to staying ahead in the digital age.
While these firms may not plan to significantly increase their technology spending, they prioritize their investments differently by focusing on improving the client experience and enabling innovation. They use more software in their daily operations and have more digital workflows than other firms.
To learn more about what sets tech-savvy firms apart and how they are utilizing technology to their advantage, download the report for insights that can help you design a better roadmap for your own firm’s technology needs.
