The rapid growth of the home office, the simplification of electronic communication and the increasing popularity of jobs that require only a single computer all point in the same direction: towards digitalisation and digitisation. Accounting is no exception to this trend, as it is becoming less and less like the paper-crunching that most people associate with the word. But what does digital accounting mean and what impact does it have on document management?
Digital accounting in a nutshell
When it comes to bookkeeping, many people still think of the way accountants used to book paper vouchers one by one on the basis of the collected invoices of companies, which resulted in a lot of tedious work and even more inaccuracies. But now that most of our lives are almost 100 percent digital, and the old paper invoices and contracts have been replaced by electronic records and document management systems, accounting itself is becoming increasingly digital, which means not only paperlessness but also a high degree of automation.
With the various online invoicing systems, any business or self-employed person can easily issue an invoice, which is then automatically sent to the NAV Online Invoice system. In such a system, both the invoice issuer, the state and the accountant can check old invoices with just a few clicks, not only whitening the economy but also saving a lot of time previously spent on data entry and searching.
The impact of modern accounting on digitisation
With digital bookkeeping, there is almost no need to see an accountant, no need to worry about getting your accounts mixed up and all the documents you need are just a click away. Of course, all this also means that an electronic accounting system can only work so well if the day-to-day running of the business is based on electronic accounting. After all, online invoicing is of no use if you also have to deal with paper documents.
Fortunately, nothing is lost even if most of your documents are still in print, quite the opposite. It is now possible to digitise any document quickly and efficiently, so that not only can we store it in an authentic electronic format, but we can also make it extremely easy to retrieve. Of course, the human factor will never be replaced in everyday work, but it is not all the same what your employees spend their precious time on. Streamline your business and manage your documents electronically!