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The impact of technology on the accounting and bookkeeping profession

In past blog posts, we have often talked about the impact of cloud technologies on businesses, especially small and medium ones. The anytime-anywhere access to information and data, the enabling of the paperless office, the real-time response rates and collaboration possibilities are (to put it simply) almost endless! In this blog post by Nicholas Pasquarosa, he details how accounting firms might change if they themselves move their operations and processes to the cloud. Not only does it support flexibility and speed of operations, but enables a direct link with their customers, especially if they are also “in the cloud”.

Microsoft Office 365 – Office 2013 discovers the cloud!

The latest version of Microsoft Office, Office 2013, has an entirely cloud-based life called Office 365, indicating that a subscription to it (and not a one-off payment for the software suite) is valid for one full year.

The good news for all students and university teachers is: Microsoft offers a subscription model for university use, aptly named Office 365 University, with a four-years-for-the-price-of-one subscription, one terabyte of online storage, and the benefit to be able to access and work on your Word document or Excel spreadsheet on a tablet on the go (as I do). I found it incredibly useful to have a software that I used for the last two decades in the cloud now.

More information on Office 365’s features can be found in this Business Insider blog by Julie Bort.