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How to build a successful accounting system

Nathan Keeley explores the three technological pillars behind any successful accounting system: strong software, pristine processes and the right people.

It is a valuable exercise to set formal processes that work in tandem with an accounting software; the process can then establish the most efficient way to get the required data by utilising the functionality of the system. This is also a chance to reflect on why certain tasks are undertaken and whether changes need to be made to reduce workload or bolster the reliability of the system’s data.

Nathan Keeley, Partner, MHA Carpenter Box