Although new accounting graduates are flooding the market, 75 percent of the more experienced CPAs and accountants in the U.S. are projected to retire in the near future. How will the remaining pool of talent deal with increasing workloads? By taking advantage of new technology and tools that make their jobs easier.
It's good news for Swizznet and its cloud-based QuickBooks and filesharing platform, since the International Data Association projects that half of all accountants will be using the cloud by 2016. There are lots of reasons behind this projection: reduced costs, time savings, increased security and storage and new revenue from value-added services.