As globalization evolves, accounting becomes more central to the development of a modern economy, with the need for greater trust in digital financial transactions. Some African entrepreneurs have begun to address this urgency by developing atypical accounting automation and new management systems where CIOs drive the ins and outs of the processes to keep up with ever-changing markets. “Digital transformation is crucial for the sustainability and resilience of professional accountancy organizations to meet changing business and market demands,” according to the International Federation of Accountants. So what are ways to store, structure, analyze, and disseminate data collected and centralized to develop digital solutions that promote this? Some entrepreneurs say they’ve already found solutions to make management easier and more beneficial to organizations.

Source: The North Africa Journal April 07, 2023 10:13 UTC