UK accountants are craving more tech skills to take the next step in their careers

2 weeks ago

A caller study by accounting software institution Sage has recovered astir each (90%) of Britain’s accounts judge upskilling would thief them successful their job, pinch nan aforesaid number of respondents acknowledging nan value of squad accomplishment development.

With 9 successful 10 world accountants besides recognizing nan worth of upskilling, Sage recovered reliability (74%) and problem-solving (72%) to beryllium nan astir desired abilities.

However, concerns astir dense workloads are leaving them without capable clip to put successful their accomplishment improvement efforts. That said, each dream is not lost, pinch accountants besides eager to deploy automation to free up valuable time.

Accountants want much clip for training

Most (88%) of nan respondents agreed that automating regular tasks could thief free up clip that could beryllium spent connected upskilling, pinch much than half (56%) of UK accountants now actively seeking to instrumentality much automation crossed their practices.

“By gaining valuable insights from data, accountants tin yet free up clip to attraction connected processing nan captious skills needed for nan future, specified arsenic advisory services, strategical thinking, and building deeper customer relationships," noted Sage’s SVP for Accountants, Karen Ainley.

Despite nan wide nickname of nan value of upskilling, pinch 90% agreeing that it would amended occupation performance, 3 successful 5 admit to not spending immoderate clip upskilling during a emblematic month, placing nan UK respective percent points down nan world average.

More than two-thirds (68%) stated their existent workload makes it difficult to prioritize some master improvement and intelligence health.

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As artificial intelligence’s beingness originates to beryllium felt much broadly among regulated industries for illustration nan financial sector, it’s clear accountants request to get connected committee pinch nan time-saving tech successful bid for them to arm themselves pinch much skills and knowledge.