Firms advised to plan for accounts software changes

News Article - 20 June 2008
Category: Technology

Changes to accounts software systems and other IT services should be planned for in order to minimise risk to businesses, an expert suggests.

According to research from the Economist Intelligence Unit, many disruptions to the performance of firms are caused by changes to IT systems.

The survey also found that the more changes made to IT systems, the higher the chance of a potential security of data breach.

Around 80 per cent of respondents to the poll stated that automating IT functions can free up time and release budgets.

Companies should monitor changes to IT systems in order to protect their operations and reduce risk.

Clint Witchalls, senior editor of the Economist Intelligence Unit, said: "Given that IT and business risk are so tightly linked, a lack of predictability for IT equates into a lack of predictability for the business."

Accounts software can offer small businesses a simple and cost effective way to monitor their finances and identify potential cost savings.

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