Data feeds: changes ahead for accountants

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Running Time: 10:32

Date: 01/04/2014

The emergence of the Cloud and the expansion of automated data transmissions mean many changes ahead for accountants.

While data feeds aren’t new in the accounting world, the emergence of Cloud-based systems and automation is currently gaining much attention, with most accounting software packages now offering data feeds of one form or another. David Smith, Chief Executive Officer, Class Super, says the automatic transmission of data into accounting software without the need for human intervention has many implications for the future of accounting. David Smith tells us what lies ahead in the area of data feeds.