From transformational accounting practices to new ways of working in the wake of the pandemic, accountancy is going to see some serious development in 2022 and beyond. Accounting automation technology is coming to the forefront in 2022 and will allow processes or procedures to be completed with minimal human assistance therefore improving efficiency and saving time. Artificial intelligence and robotics are reducing operational costs and increasing performance by automating complex and repetitive tasks and procedures with extreme precision. These are some of the new technologies that are assisting today’s accountants in transitioning to a more critical thinking role.
Throughout 2021, the demand for accounting professionals has been intense. Companies are willing to go above and beyond to secure the right talent for their organisation. From offering remote working to generous compensation packages, companies now have no choice but to rise to the demand of this talent pool. Seeking candidates from outside of Ireland has to be an option for any employer looking to fill and accountancy vacancy in their organisation.
At Matrix, we saw a 52% increase in jobs in Accounting and Finance for the first half of 2021, compared with the same period in 2020.