Government Accounting Systems: Where Will We Be in 20 Years?

Government accounting systems have evolved drastically over the past few millennia from the abacus to the modern spreadsheet. Technology has put the evolution in hyper drive. In addition, recent advances in business intelligence tools as well as big data and predictive analytics have modernized financial systems to help companies make smarter and better business decisions.

The more information we collect and share, the smarter we become. The same applies to today’s smart technology. How will technology continue to evolve government accounting systems in the next 20 years?