Paperless systems preferred by accountants, study says

News Article - 09 June 2009
Category: Business

Accounting software and other electronic accounting packages have overtaken traditional office tools among finance professionals, according to a new survey.

Research from information provider CCH reveals nearly 60 per cent of companies are now storing most of their clients' files on the computer.

A larger number - 79 per cent - state they have implemented a least some aspects of a paperless office system and 90 per cent of UK accountancy workers would recommend this software to other potential users.

John Bower, director of CCH Business Development, says: "The high level of satisfaction that accountants are now expressing towards paperless office systems shows that we are now reaching a tipping point in the market."

Among the reasons cited for technological change were the benefits of secure electronic backup, easier access to files, administration and storage cost savings and environmental concerns.

Earlier this month the Confederation of British Industry (CBI) insisted embracing IT is the best way to boost competitiveness in business.

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