The Digital Professional

13 Married to Work, Devoid of Romance Our Observations and Recommendations Technology has transformed the entire transaction structures for businesses. By embracing technology to work smarter and more efficiently, we professionals can provide deeper insights to our clients. Our profession is preparing for the rapid increase of sophisticated tools of technology like AI (Artificial Intelligence), and BI (Business Intelligence). The emerging technologies in fields are blockchain and data extraction. The centuries-old accounting profession has come a long way from manual bookkeeping to present day artificial intelligence (AI) that is changing the day- to-day structure of how we work, both as accountants and across other professional service industries. Despite concerns about how emerging technologies will impact accounting professionals, the role of the profession has always remained consistent and client centric. Clients’ are demanding more. They’re looking for more output in lesser time and stay conscious about quality. So belonging to the service industry, time management has become an important aspect for us to survive clients’ expectations. It will help us to allocate time slots based on our work priorities and to serve better. In the above story, there were several areas, where technology could have saved time and energy. The spell-check option would have avoided spelling errors in the partnership deed of Mr. Verma. Reminder apps would have enabled Abhijit to leave from office at the scheduled time for taking his wife to Zoom Mall. By using net-banking, a mobile banking option or a digital wallet, he could have bought Supriya’s favourite Orchids which he couldn’t buy as he had forgotten his wallet in his office drawer. Further, the use of social networking sites would have enabled Bikash in locating Abhijit much earlier and connecting with him. Nonetheless, ‘It’s better to be late than never’.