Accounting Today reports on Part I of Bookkeep’s research study, which examined the economic impacts of manual accounting for retailers and accounting firms.
The data sheds light on:
- Size of ecommerce transactions per month
- Accounting tasks that request additional manual work due to the complexities of ecommerce transactions
- Time lost due to manual processes and the economic impacts
- Number of firms in the US that outsource this work and costs of offshoring