1.1 Market definition and scope
Accounting is an integral part of any organization (whether a business, a government or a not-for-profit organization) as soon as its activity involves cash flows. Increasingly, organizations (public, private, businesses, associations, etc.) and accounting professionals are using accounting software to capture and track financial activity.
Recent innovations in the field of accounting management softwares have led to the increasing automation of reporting and accounting processes. For example, they avoid the need to consolidate manual data entries, while at the same time significantly reducing costs and human error. They also allow easy access to and updating of accounting information as well as hosting of the same processed data. This is known as "software as a service (Saas)", i.e., software that has been turned into services.
These new forms of software also allow the entry of new players in the form of specialized start-ups that will profoundly change the structure of the market.
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The accounting software market - France
Publicado en 13/01/2022 by Claire Doin - Marque Prégérée
We can clearly see the importance that SaaS is taking on this rather traditional accounting sector. Are Fintechs disrupting the market?
"Hello Claire, Thank you for your feedback and we are delighted that this study has given you a good overview of the market. We plan to update this study, so we'll keep you posted as soon as it becomes available. :)"