Pathways to Innovation: the Role of Digital Accounting in Empowering Organizations

EasyChair Preprint no. 12866

Abstract

This paper explores the role of digital accounting in empowering organizations to innovate and thrive in a dynamic business landscape. Digital accounting encompasses the integration of various technological tools and platforms to streamline financial processes, enhance data accuracy, and facilitate informed decision-making. Through the lens of innovation, this paper examines how digital accounting catalyzes organizational empowerment. Drawing on theoretical frameworks and empirical evidence, this paper explores the pathways through which digital accounting fosters innovation within organizations. It investigates how automation, data analytics, and cloud computing revolutionize traditional accounting practices, enabling organizations to optimize efficiency, reduce costs, and mitigate risks. Furthermore, this paper delves into the transformative impact of digital accounting on organizational culture and mindset. By promoting collaboration, transparency, and agility, digital accounting cultivates an environment conducive to experimentation and creativity, essential ingredients for innovation.

Keyphrases: Accounting, digital, role

@Booklet{EasyChair:12866,
  author = {Danny Smith and Julia Anderson},
  title = {Pathways to Innovation: the Role of Digital Accounting in Empowering Organizations},
  howpublished = {EasyChair Preprint no. 12866},

  year = {EasyChair, 2024}}