Most business entities face many challenges in the process of carrying on their activities, remarkably the implementation of accounting processes and tasks at the required level of accuracy and speed to meet the requirements of other organizational units, and as a result, achieve the entity’s strategic objectives.

With the increasing demand of the market, and the complexity of regulatory and compliance requirements, it’s becoming necessary to implement the accounting automation to enhance efficiency of operations.

These are some of the requirements that help in the process of accounting automation:

• Selecting the right accounting software that fulfills the needs of the business.
• The conversion process from manual to automated accounting system.

The expected value that will be added once the accounting process is automated are as follows:

• More accurate accounting data and recoding.
• Minimize the operational costs and effort.
• Effective segregation of duties and control.

We in SFAI can assist our clients with the following services:

1. Selecting the accounting software that suits the entity’s business nature taking into account the available resources.
2. Supervising the installation process of the accounting software.
3. Supervising the implementation process.
4. Supervising the transfer process of the manual data to the automated system.