The days of face-to-face business meetings are quickly disappearing. Business lunches and conference calls have now been replaced by emails and instant messaging.
As more business is done online, organizations must be able to interact with their clients online to succeed. This also holds true for accountants and bookkeepers.
AccountingWeb recently published an article outlining three key technology tools that accountants must have in their arsenals in order to be successful in the online world. While the article is mainly discussing accountants doing work for their clients, the same tools can also significantly benefit an accounts payable department.
For example, one of the essential technology tools the author describes is web portals. She mentions that – for an accountant – giving your clients access to business information via the web in real time keeps them happy.
The same is true in an accounts payable environment. A web portal gives your vendors a place they can go to look up where their invoices are in the workflow queue. The best part is that they can do this without calling your company and causing disruptions to the process.
In the article, the author also discusses the importance of having information available online for all members of an organization to access and of having sufficient file storage space.
