From Yahoo Finance: 2025-04-17 08:04:00

A new report finds workflow as a top challenge for accounting firms, citing inefficiencies and manual tasks. The Financial Cents report surveyed 816 firm owners, revealing document collection as a major issue impacting work-life balance. Automation reduces scheduling time, with 59.2% solving workflow problems successfully. Centralised dashboards are in demand for 73.9% of respondents.

Workplace automation enhances collaboration by providing real-time task visibility and centralised communication. Some firms lost clients due to workflow inefficiencies. The report underscores the importance of automation in addressing workflow challenges, improving efficiency, and meeting client demands. Recurring task automation and centralised dashboards are top priorities for accounting firms seeking workflow solutions.

Read more: Report says workflow remains top challenge for accounting firms