In today’s work world, many careers have the impression of being cool or fun or more fast-paced. For example, in the world of technology, programmers often get the credit for being adaptable, keeping up with modern advances in the industry, and shifting their methods to match technological advances. However, the common stereotype of the accountant and their job is typically boring and tedious. However, the reality is that the accounting industry is changing rapidly. With those changes comes a need to adapt to an ever-evolving landscape.
Two contributing factors to this change are underlying shifts within the workforce in general, as well as the advent of powerful tools that give accountants new and improved ways of doing their jobs. Given these changes,
One of the main trends changing the workplace is interconnectedness. It's been said there are only six degrees of separation from any two people but, in the modern age of interconnectivity, that may be a conservative estimate. What effect does this have on the modern accountant? It makes it more important than ever for accountants to be outgoing and put forth the extra effort to engage their coworkers.
According to a study by
With the rise of social media and professional networks, another side-effect is that we rarely part ways with a co-worker; contact with an individual often goes far beyond a job change. This makes it imperative to work hard to maintain good relationships with the people we work with.
How does this affect accountants? It can be a real challenge to communicate with and
Rise of BYOD
Closely related is the rise of BYOD (Bring Your Own Device) in the workplace. With the increasing popularity of Macs, and the strong preferences the iOS and Android platforms engender, many companies are opting to save money by allowing their employees to provide their own devices. While a BYOD policy can certainly save money in the short term, there may be long-term costs that aren't apparent until it's too late. Who will have access to the device when the employee isn't using it for work? Will there be sensitive data stored on the device? Are there proper safeguards in place in case the device is lost or stolen? Often these questions are ignored until an incident occurs. In reality, these are policy issues that should be addressed from the outset.
This is another area where
Not only will this feature be available in the release of Azure, but it will be readily available to all Microsoft Dynamics users hosted in the cloud – whether you’re in GP, AX, NAV or CRM.
Once again, this may require accountants to step outside their comfort zone and wear multiple hats, training individuals on how to log in and track their time and answering questions when issues arise.
As companies look to cut costs, outsourcing projects and staff continues to gain traction as a viable option for many. Here again, there are long-term costs that are often ignored. As with the previous two issues, security is often one of the first casualties. Another is any semblance of a normal workday schedule.
One of the advantages of Microsoft Dynamics, particularly as it moves into Azure, is the seamless way it handles the technical aspects of a multi-national, multi-cultural work force.
Once again, accountants often find themselves on the forefront of these changes. Whether it be different time zones, different languages or various cultural challenges, the accountants who can adapt, use modern tools to assist them and engage their coworkers, regardless of where in the world they may be, are the accountants most likely to succeed.
As with anything in life, the workplace, trends and technologies surrounding us have a dynamic effect on the way accountants operate, pun intended. These four areas are just a few of the many ways that accountants have had to adapt, and will continue to do so as the landscape continues to change.
How have you found your ERP System has afforded you the ability to change with the shifting technological landscape? Let us know in the comment section below!
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