Automation and Cloud Accounting Are Redefining Accounting - Ian Cooper

Accountants Are Sexy, Change My Mind.

Summary

In this episode, Captain Kelli Doorne-Millott interviews Ian Cooper, a representative from FYI, a document management and process automation platform for accountants. They discuss the importance of technology in accounting and the need for efficiency and automation. They also explore the challenges of implementing new systems and the differences in approach between Australia and the UK. They highlight the resistance to change in the UK accounting industry and the potential for digital transformation in small businesses. They conclude by discussing the future of accounting and technology and the value of accountants in shaping the success of individuals and companies.
Takeaways

Technology plays a crucial role in accounting, allowing for efficiency and automation.
Implementing new systems can be challenging, but it is necessary for growth and improved productivity.
The UK accounting industry has been slower to adopt technology compared to Australia, but there are increasing options available.
Digital transformation offers opportunities for accountants to provide a fully digital experience for their clients.
Accountants are undervalued and often lack confidence, but they play a vital role in shaping the success of individuals and companies.
Chapters

00:00 Introduction and Background
03:08 The Importance of Technology in Accounting
08:00 The Value of Efficiency and Automation
12:09 Challenges of Implementing New Systems
18:09 Differences in Approach: Australia vs UK
23:15 Resistance to Change in the UK
27:40 Digital Transformation for Small Businesses
30:21 The Future of Accounting and Technology
34:16 The Sexy Side of Accountants
36:04 Closing and Contact Information
Meet our sponsor: Charterparth
Charterpath aims to inspire more finance professionals to volunteer their time and skills, connect them with non-profit opportunities, and engage with the wider sector so volunteering is a core part of a finance professional’s career.
Connect with Kelli? www.linkedin.com/in/kellidoorne
Find out how Accounting Pirates can help you with your marketing journey, visit www.accountingpirates.com

Chapters

1. Streamlining Processes for Accountants (00:00:00)

2. Cloud Accounting Onboarding Approaches (00:15:24)

3. Digital Transformation in Accounting's Future (00:23:02)

4. The Importance and Value of Accountants (00:35:13)