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Technology Trends in Accounting 2021 Research Report
Discover the progress accountancy firms have made in their business and client service transformation, and what impact the pandemic has had on their use of technology.

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Technology Trends in Accounting 2021 Research Report

Discover the progress accountancy firms have made in their business and client service transformation, and what impact the pandemic has had on their use of technology.

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Blog

Introducing the Silverfin Assistant


We’re excited to announce how we're putting AI at the heart of Silverfin.

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Connected accounting done right


We spoke with Alastair Barlow, co-founder of flinder, about how they’ve transformed their clients’ businesses by becoming trusted advisors.

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Accounting firms' top 5 priorities for 2022


We met with some leading firms at the end of 2021. Read what they had to say was occupying their minds most as a new year gets underway.

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Blog

Three simple steps to unlock the potential of automation


Accounting compliance and workflow automation has the power to transform the profession just as it has in bookkeeping. Follow these three steps to harness the true power of...

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Blog

The two ‘A’s underpinning advisory


Very few firms cite advisory services as their biggest revenue earner today. Why does this gap exist and how can firms use the two ‘A’s to close it?

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Blog

Why is benchmarking failing to make its mark?


The insights that firms gain from benchmarking are invaluable, both internally and externally. All too often, however, they’re simply invisible or it is just too hard to do.

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Blog

Accountancy, data, oil and silver linings


How much of an impact did the pandemic have in changing fundamentally how the profession works? What progress has been made in digital transformation and which areas still need...

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Blog

Product strategy, recent developments and what’s coming up


Our product priorities, how these have shaped our recent developments and what we are working on for the future.

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Blog

Silverfin helps make the switch to paperless painless


For accountancy firms, going paperless means lower costs and greater efficiency. But moving away from traditional ways of working can be hard.  

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Blog

It’s official. We're winners: Deloitte Tech Fast 50 Belgium 2021 most sustainable growth


We’ve won 2021's Deloitte Technology Fast 50 most sustainable growth category in Belgium.

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We're bringing the power of machine learning and AI to accounting


We just announced our acquisition of an exciting Belgian machine learning and artificial intelligence company - Boltzmann. They have been a Silverfin partner for a while now and...

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Blog

Revealed: the key takeaways from Silverfin’s technology transformation trends in accounting research


Discover what progress firms are making in their business and digital transformation plans, and the impact the pandemic had on their initiatives.

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Infographic: Silverfin’s technology transformation trends in accounting research key findings


What progress have firms made in transforming their business and client services, and how has the pandemic impacted their efforts?

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Blog

Begin your digital transformation journey today


Technology has changed bookkeeping forever by automating and simplifying financial tasks for clients and their accountants. Now it’s time for accounting to experience the same...

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Blog

Silverfin charting turns data into advisory conversations


“A picture paints a thousand words.” We hear this all the time don’t we. It is just as true in accounting and for data, particularly management reporting. 

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Blog

We’re making corporation tax returns easy and fast to create and file


Accountants are struggling with challenges that our technology can fix. Corporation tax is one. 

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Blog

How technology is impacting the accountancy industry


During Fast Forward we spoke to leading experts within technology, financial services and accounting. In this week’s blog, we’re focusing on the fourth session of the event where...

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Blog

Being number 1 is great but there is always much more work to do


It was exciting to find out this week we’ve been ranked number 1 in Deloitte Belgium’s annual ranking of the country’s fastest growing fintech companies - the Technology Fast 50.

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Blog

Critical role of data in the development of advisory services


As Geoffrey Moore, consultant and author of Crossing the Chasm, once said: "Without big data analytics, companies are blind and deaf and wandering out onto the web like deer on a...

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Accounting is transforming and Silverfin is at the heart of it


Natalie Lamb has recently joined Silverfin as CCO. Born and bred in South Africa, she attended the University of Cape Town where she completed an undergraduate degree in Politics...

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Blog

5 lessons from digital transformation of leading accountancy firms


During Fast Forward Studio we spoke with a broad panel of leading experts within technology, financial services and accounting. In this week’s blog, we’re focusing on our session...

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Blog

The time for digital transformation is now


During Fast Forward Studio we spoke to a broad panel of leading experts within technology, financial services and accounting. In this blog, we’ll be focusing on what Joris Van Der...

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Blog

Silverfin joins forces with accounting tech specialist IBGraf group in Luxembourg


Silverfin is a leading cloud platform for accounting firms and today it announced an expansion of its international reach to include the Grand Duchy of Luxembourg and a new...

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Blog

What can accountants learn from the financial services sector about technology and innovation


During Fast Forward we spoke to a broad panel of leading voices within technology, financial services and accounting. In this week’s blog, we are focusing on the first session of...

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Blog

Explore observations on the future of accounting and the role of technology


What we learnt from our experts at Fast Forward Studio On 17 September we had our yearly Fast Forward event for accountants. A live event as usual in Belgium was not an option for...

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Blog

Interview with Nathan Keeley, a Partner at MHA Carpenter Box


We talked to Nathan Keeley, a Partner at MHA Carpenter Box based in Sussex about their leadership challenges and why they shifted their business to ‘digital first’. 

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Blog

Speaker spotlight: Q&A with Jorgen Broothaers


As the countdown to Fast Forward Studio continues, we sat down with Jorgen Broothaers from PwC Belgium to discuss his experience in the accounting profession and what he believes...

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Blog

Speaker spotlight: Q&A with Martin De Bie


Martin de Bie is an innovation advisor at 216, an organisation where data-driven systems form the basis for in-depth financial advice for SMEs. As chair of the digital working...

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Blog

How to support your clients with emergency cash flow planning as they respond to pressures of Covid


How to support your clients with emergency cash flow planning as they respond to pressures of Covid

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Blog

Discover our five inspiring Fast Forward Studio tracks


For Fast Forward Studio, we’ve put together a spectacular 2.5-hour live show featuring experts in technology and accounting to discuss a broad range of digital transformation...

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Speaker spotlight: Q&A with Brian Murphy


Brian Murphy is Engagement Lead in Deloitte Ireland’s Consumer & Technology Business Audit department. He works with the firm’s largest family and privately-owned clients but also...

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Blog

Providing business continuity with Silverfin’s cloud platform


How Silverfin is helping one firm remain productive and operational during lockdown, and be in a position to offer valuable advice to clients when they need it most.

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Blog

A closer look at our live show schedule


At Fast Forward Studio, we want you to get all the tools you need to use technology to achieve your business transformation. We have carefully designed this event to inspire and...

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Blog

3 reasons to attend our online event Fast Forward Studio


Fast Forward is an annual event that Silverfin has run for 4 years and this year we’re slightly changing how we do things so that you can learn and be inspired from wherever you...

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Blog

Join our online event: Fast Forward Studio


Join us this year for a fast-paced 2.5 hour live online show exploring the future of accounting, business and technology with expert speakers. Register and you'll get access to a...

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Blog

Accounting Firms Are Thriving In The New World Of Remote Work


Most accountants are understandably cautious by nature, but on 23 March 2020, along with the rest of the UK, the industry was forced to adapt overnight to a new world of fully...

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Blog

Turning historical financial data into proactive business insights


How to use financial data to deliver valuable advisory services and transform your client relationships.

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Blog

Why developing foresight is essential to become a connected accountant


How foresight powers sophisticated advisory services and unlocks new revenue streams for digitally mature accountants.

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Blog

Bofidi uses technology to enable employees and support customers


For entrepreneurs and business managers, no two days are the same. Day in, day out they are challenged by the complex issues facing their company, fluctuations in the economic...

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Blog

CSI Accountant: how data analytics is a core tool for the modern accountant


Reaching beyond the numbers to the why.

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Blog

Why benchmarking is good for your clients – and your bottom line


How to become your client’s most trusted advisor

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Blog

Silverfin raises significant Series B investment from Hg a leading European software investor


Hg has a long history of partnering with businesses in tax and accounting software. 

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Blog

The elephant in the room - the accelerator effect of COVID-19


We recently hosted some ‘virtual’ meetings with more than 60 firms across the UK and here’s what we found out about the challenges and opportunities they face.

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Blog

5 digital transformation trends for accounting in 2020


Advances in technology, and shifting client demands, demand accountants play by some new rules. Here are five digital transformation trends we see impacting accountancy in 2020...

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Blog

Why accounting automation needs data standardisation


How accounting firms and their clients benefit from compliance and reporting automation, and the business opportunities it presents for accountants.

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Blog

Why accountants need a comprehensive data strategy


Why achieving Fullsight is essential for accountants to remain competitive – and how to get there with Silverfin.

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Blog

The five views of your business you need for future success in accounting


How Silverfin gives accountants, partners, and their clients a comprehensive overview of all financial data, status updates, and communications.

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Blog

4 steps to take for a successful digital transformation of your accounting firm.


Digital and cloud technology has changed bookkeeping forever by automating and simplifying financial tasks. Accounting is undergoing the same transformation through technology.

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Blog

Grant Thornton transforms its client service with technology


Grant Thornton Belgium told us how their use of technology, and Silverfin in particular, was transforming client service and how they work as a firm.

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Blog

Why Fintrax tools on the Silverfin platform have made complying with the new Belgian company legislation easier


In recent research the professional body for accountants in Belgium the “Koninklijke Vereniging voor Accountants en Boekhouders van België” (KVABB) said new legislation for...

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Blog

Revealed: the key takeaways from Silverfin’s technology transformation trends in accounting research


How close are today’s firms to fulfilling the potential of connected accounting according to the results of our recent research?

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Blog

Technology transformation trends in accounting research: a summary


We’re becoming connected accountants but are not there yet.

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Blog

The four sights of connected accounting


Introducing the sights you need to acquire for future success. Technology has already changed bookkeeping, making it easy for small businesses to digitally manage their finances...

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Blog

Why being better connected is better for business


Technology holds the key to delivering the advisory services your clients really want. Joining the dots

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Blog

How to use technology to create new value-added advisory services


Why connected accounting helps you open up new revenue streams. Most of us have a general grasp of the theory of evolution, even if we’re not experts in evolutionary biology:...

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Blog

Seven steps to embrace connected accounting


Our how-to guide to transforming the services you provide your clients. Shifting your firm from a heavy focus on compliance to a broader range of advisory services is not an easy...

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Blog

We're a Deloitte 2018 Fast 500 company


We just heard the exciting news that we are in the Deloitte Technology Fast 500™ EMEA list, a ranking of the 500 fastest-growing technology, media, telecommunications, life...

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Blog

Accountancy Age 50+50 Ranking


The Accountancy Age 50+50 Ranking is a prestigious annual report on the profession and showcases the progress our biggest firms have made. Everyone is always interested in where...

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Blog

How the digital age is changing accountancy


As our personal and working lives continue to move online, what do accountants and their firms need to do to remain relevant and competitive?

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Blog

Insights and steps to building a successful Digital Firm


Many Accountants have started the digital transformation but now questioning 'What next?'.

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Blog

We help KPMG to streamline financial reporting


KPMG to use Silverfin to streamline financial reporting and create a central client data hub to support their team and the delivery of client advisory services.  

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Blog

The changing accountancy landscape - moving with trends


To build the right strategy for your service transformation, it’s important to understand the current accounting environment, and how the landscape has changed over the past...

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Blog

Vandelanotte will build their centralised data hub on Silverfin, further fuelling their growth


We are delighted to announce our strategic partnership with Vandelanotte Accountants. Providing forward thinking accountants with the latest technology and creating a...

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Blog

Silverfin wins the Deloitte fast 50 Fintech award


November 16 2018 - Silverfin has won Deloitte’s 2018 Technology Fast 50 award for the Fintech sector. The award was given based on the company’s percentage of growth in turnover...

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Blog

Silverfin Named one of the Fastest-Growing Fintech Startups By CB Insights


New York, NY, October 22, 2018 -- CB Insights today named Silverfin to the second annual Fintech 250 list, a prestigious group of emerging private companies working on...

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Blog

Are you working too many hours? Achieving the right work/life balance


Many accountants are still working 70-hour weeks in order to cope with the sheer level of client work, administration and practice duties that are experienced by their firm.

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Blog

Getting your firm ready for digital accounts and MTD


Adoption of cloud accounting systems by practitioners grew by 50% last year, according to research by AccountingWEB. As an industry, accounting has gradually gone digital over the...

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Blog

5 ways to deliver better management accounts


Having access to detailed management accounts gives your business clients the ability to truly understand their financial position. On a regular basis, you can provide the key...

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Blog

Drowning in data? The challenge of multiple data sources


51 % of EU businesses use cloud-based software applications for their financial and accounting tasks, customer relationship management and other business applications. And this...

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Blog

The virtual FD: the future of your accounting firm


Modern business owners want more than just the accounting basics from their accountant. In the digital world, where businesses can manage much of the financial workload...

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Blog

The ultimate guide to building a sustainable & profitable management accounts service


Many accountants complain that their clients just are not interested in taking a management accounts service from their firm. In this article, Heather Townsend, founder of ‘The...

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Blog

The four challenges to an efficient workflow


Having a good workflow is what makes your practice efficient, productive and profitable. Over the years, there hasn’t been much change in this area. Compliance work still rules...

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Blog

4 Reasons why your clients are not wanting to buy your advisory services


Many accountancy firms are identifying how to move away from being solely reliant on selling compliance services. In this blog post, Heather Townsend, founder of the 'The...

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Blog

What can accounting data do for you?


If an IBM report is to be believed, about 90% of all data has been created within the last two years, with 2.5 quintillion bytes of it generated around the world every day. You...

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Blog

How Flexible Software Is A Game Changer in the World of Accounting


In this day and age, using flexible tech to grow and develop your practice is key. When it comes to integrating your accounting solution with other parts of your business, such as...

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Blog

What’s your plan, as an accountant, for when robots take over compliance work?


With technological advancement comes disruption. Traditional employment opportunities will evolve. Jobs that we think are safe and secure might just be automated out of existence...

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Blog

Making Tax Digital has been delayed - but the future hasn't


Well, 2017 has proven to be quite a ride, hasn’t it? Negotiations, snap elections, political intrigue - it shows no sign of slowing down.

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Blog

How will the automation of tax filing affect accountants' fees?


Every now and then, a relevant buzzword does actually emerge. Last year for instance, we saw the timely introduction of ‘no-code accounting’.

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Blog

Will finance professionals be automated out of existence?


It was around late last year that we witnessed another body blow to finance professionals: of the businesses surveyed for Xero’s ‘State of Accounts’ report, 59% said they did not...

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Blog

How Have Digital Tax Systems Changed Accounting Around the World?


It might be hard to believe it - but one of the most accurate summations of UK accountancy’s digital, post-Making Tax Digital (MTD) future comes in the form of a Twitter bio.

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Blog

The State of Play In UK Accounting


At the recent Accountex conference, Receipt Bank’s director Michael Wood raised an excellent point about how technology’s relentless advance can creep up on us.

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Blog

The Importance of Real-time Client Services for UK Accountants


Mark Lee frames the modern accountant’s dilemma with a simple question: Are you an accountant or a magician?

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Blog

Pros, Cons & Considerations for Merging UK Accountancy Firms


In a blog on merging with other practices, the accounting pioneer Elaine Clark phrased her opinion on mergers rather succinctly: “Don’t merge your accountancy practice – change...

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Blog

UK Accountants in the Cloud- Accountants are embracing cloud computing


It’s hard to believe but it wasn’t that long ago that there was still a raging debate around cloud accounting. “Should you put your small business accounts in the cloud?”, asked a...

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Blog

A modern accountant’s tech philosophy: “Digital transformation improves service for smaller clients”


Leading up the Accountex, where Silverfin can be found at stand 920, I had a chat about the challenges and opportunities in accountancy with a young and dynamic accountant.

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Blog

How Accountants Can Justify Fees - Fixed pricing can’t be ignored


There’s a quaint simplicity to hourly billing. You have your rate and you simply multiply it by the hours spent on the job. Easy.

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Blog

Connected Accounting for a Connected World


The prominent digital culture magazine Wired published a story about the accounting sector recently. You don’t even need to read the full article to get the gist - the headline...

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Blog

Digital Transformation in Accounting: Redefine your core business


Accountancy is in need of digital transformation, but that is not always easy to accomplish. 

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Blog

Listen Up! The Accountant’s Most Powerful (and underappreciated) Skill


At the heart of becoming your clients’ trusted advisor is listening. That might seem like a low-tech, almost quaint idea in 21st Century finance - but it’s actually a crucial...

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Blog

Modern Tools for Entrepreneurial Accountants


According to Ray Kurzweil, the famed futurist and Google’s head of engineering, there’s a cycle to technology adoption. “We see an early period of over-enthusiasm,” explains...

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Blog

Silverfin raises $4.5m to build real time hub for businesses’ financial data


Series A round led by Index Ventures comes as Silverfin onboards 64,000th business onto the platform

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Accountancy Firm Predator: Are you in danger of being swallowed whole


When we think of accounting’s Big 4 firms clientele, we usually picture blue chip corporates far removed from the Main Street.

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Blog

What If SME Accountants Can’t Be Saved from Extinction?


Silverfin ceo Joris Van Der Gucht asked me to write a blog post for their Connected Accounting Authority blog. Considering my role as New Technology & Innovation Advisor for 216...

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Blog

The Smartest Accountants Keep it Simple


It was in 1960 when the famed US Navy aircraft engineer Kelly Johnson first noted the design principle KISS, an acronym for “Keep it simple, stupid”. 

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How Accountants Communicate Better with Less Email


Most accountants start the day in their inbox.

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Blog

Recruiting the Best Accountants in a Digitally Connected World


When it comes to the job market in 2017, the competition is fierce. Not just for employees, but for employers too.

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Blog

3 Tricks Accountants Can Learn from Developers


In 1999, after eight years of studying, I graduated as a registered accountant in The Netherlands. Back then, the study curriculum was traditional - I learned the hard way, shall...

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Blog

Top Tips for Accountants: Become a trusted advisor in the connected era


On Silverfin’s authority blog experts in the field of accounting and technology share their thoughts and opinions, and our partners also contribute their expertise. This following...

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Blog

UK Accounting Post Brexit


When asked, the great ice hockey player Wayne Gretzky had a simple explanation for his almost supernatural ability to be one step ahead of his competition: “I skate to where the...

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When Accounting Becomes Human


In case the title of this post rings a bell… it’s intentional. Recently I was lucky enough to hear Steven Van Belleghem talk about ‘When Digital Becomes Human’. Steven is an...

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Blog

Key Takeaways from Accountex 2016


Visiting Accountex, the UK national Accountancy Exhibition can be quite overwhelming. More than 200 vendors, more than 5000 accountants… Then again, it’s always great to spend...

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Are Digital Tools a Threat to SME Accountants? Not Really!


In a recent article in De Tijd bearing the title Digitale hulpjes bedreigen kmo-boekhouder (in Dutch only), Emmanuel Vanbrussel expresses his concerns about accountants employed...

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