Pressure to Deliver More Value and Intelligence

Okay, I get it.

Business professionals all over the world are being pressured to deliver more value and intelligence every day, yet their choices and options have become so many and varied, the influences coming from so many directions, and the solutions so bathed in complexity that many simply fail to move due to fear of making the wrong decision.  But this fear has existed for many years, with business owners facing new and increasingly more competitive obstacles at each and every turn of the market.

Accountants, like any other business or profession, must learn to embrace and adopt new approaches to problems facing the business, and learn to adapt to the various influences shaping the economy.  For there are few absolutes in life, but the need for accountability and measured performance in business is consistent throughout history.  As boundaries are broken and limits exceeded, so are the foundations of information management and analysis extended, delivering ever increasing levels of insight and resultant opportunity.

Information technology supports the foundation of business operation and individual interaction, and is becoming increasingly more familiar as the agent of change in our economy and environment.  In order to retain and demonstrate continued relevance, accounting professionals must recognize the shifts in information management and computing paradigms in order to retain their value and placement in the business value chain.  Where accounting and finance was once necessarily an after-the-fact reporting of results of activities, and provided only reactive guidance based on historical data, it now has the real opportunity to become a proactive force in delivering insight, leadership, and positive go-forward advice.

By Joanie Mann, EPM Contributor, from: http://coopermann.com/2012/06/29/pressure-to-deliver-more-value-and-intelligence/

Joanie Mann is a recognized authority in the areas of ISV cloud enablement and ASP service delivery. Her extensive work with accounting professionals worldwide has positioned her as an expert consultant and adviser to practitioners looking to leverage cloud accounting solutions, web-based applications and Internet technologies in their firms and with their clients.