For years, accounting has been seen as a routine process: downloading invoices, classifying them, posting journal entries, and reviewing reconciliations — a necessary task, but often perceived as repetitive. Today’s reality, however, demands much more. Accounting is no longer just about compliance; it’s about delivering strategic value to the business.
📌 The problem: time spent on mechanical tasks
A Deloitte study revealed that 49% of an accounting department’s time is spent on manual processes, such as downloading tax XML files, recording expenses, or balancing accounts. This not only delays financial reporting but also limits the ability to analyze data and support critical business decisions.
💡 The solution: intelligent automation
Today, technologies like Odoo combined with tax connectors make it possible to:
Automatically download electronic invoices (without accessing the tax authority’s portal).
Classify expenses into the correct chart of accounts.
Reconcile bank accounts in seconds.
Generate real-time reports for management.
As a result, accountants move away from being data entry clerks and become strategic advisors who interpret information and guide decisions.
🌎 The impact on businesses
SMEs: reduce operating costs and avoid penalties caused by errors.
Large enterprises: gain visibility across multiple business units and improve cash flow forecasting.
External accounting firms: manage more clients without increasing workload.
🔮 What’s next?
The trend is clear: accounting is shifting toward a predictive and proactive model. Beyond recording the past, companies will be able to anticipate financial scenarios, optimize tax strategies, and improve planning.
In other words, the accounting of the future isn’t measured by how many invoices are recorded, but by how many smart decisions are made using data.