siliconindia | | December 20194Over the past two decades, the financial and accounting services & software solution market has undergone abundant changes. One of the biggest changes is the cloud-based offering of accounting software solutions. A recent survey indicates that among the enterprises planning to opt for enterprise resource planning solutions; more than 50 percent of them are expected to choose cloud as their deployment mode. The advent of digital commerce and technological advancements, like integration with other online applications, such as automated bank feeds, automated billing features are expected drive the accounting software market over the forecast period.In the age of digital transformation, speed and accuracy are the supreme power. This is why many businesses choose to automate onerous tasks that do not require extensive brainpower. From organizing financial paperwork and computing payroll to tracking inventory and preparing income tax returns, advancements in cloud accounting technology have proved useful in trimming down the hours spent on these bookkeeping and accounting responsibilities, keeping ahead of their on-premise counterparts. With help of accounting software and services providers, businesses are able to narrow down the nitty-gritty of their finances and make well-informed business decisions. Additionally, businesses not only look for cost-effective solutions to systematically run non-core activities like accounting and payroll services, but also expect to add value in order to achieve better control and understanding of cash flow.In our current edition, we have featured a list for "10 Most Promising Accounting and Tax Solutions & Services . The list encompasses service and solution providers that redefine financial planning as an enormous component of a business' growth. We also recommend you to read our cover story on Accountri, a complete Business Management Software that makes collaboration smooth across HRM, Project Management, Job Management, Operations, Document Management & Accounting departments.Do let us know what you think! Nandini MukherjeeSpecial EditorEditorialBusinesses are Automating Onerous Tasks with Accounting Software Vol 08 · Issue 5 - 4 · December 18, 2019 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Special Editor Nandini Mukherjee Editorial Team Ananth .V Aparna Roy Monica Pallavi J Riya Sethi Shefali Mathur Chitra Mishra Sujith Vasudevan Srrayvinya OLM Trisha Pragya VP - Sales & Marketing Virupakshi Pattar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is `150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2019 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.com Visualisers Vetrivel S Mohana Krishnan Group Art DirectorAshok KumarNoidaAshu SethiGarima AnandCirculation Manager Magendran PerumalAshwini D. Naik Chander Thyagaraj Anupreethi Danila Sanjana MohantyCONSULTANTS
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