The tax consulting industry is facing a fundamental shift. The classic structure of a law firm, as it has existed for decades, is becoming less and less suited to the reality of modern companies.
Why? Because not only has the technology changed, but also the expectations – and the field of activity is also increasingly changing through the use of artificial intelligence.
Everything has to be faster today – much faster. Processes that used to take days or even weeks must now function in minutes. Entrepreneurs want to be able to make decisions while the opportunity is hot – not after all the documents have been filed and evaluated.
The reality shows: In a digitalized world, there is no more room for sluggish paper processes and slow inquiries by e-mail. Digital accounting is the new standard.
Young entrepreneurs and decision-makers have grown up digitally. For them, it is a matter of course to have access to their data from anywhere, to automate processes and to use tools that offer intuitive, fast solutions.
They demand:
- 24/7 access to their numbers
- Transparency and real-time data
- Digital services that can do more than just sort documents
- Less administration, more consulting
The profession of the classic “accountant”, who only records and posts, is no longer needed in this world. What is needed is the digital financial companion who thinks along, prepares and proactively controls.
What entrepreneurs really expect today:
- Digital tools that simplify processes: Upload, search, find documents – quickly and intuitively.
- Figures at the touch of a button: Insight into the current situation – anytime, from anywhere.
- Fast decision-making ability: No waiting for evaluations or queries – the data must be available when you need it.
- Proactive consulting: Entrepreneurs do not want to identify tax opportunities themselves – they expect the law firm to point them out.
- Efficiency and cost awareness: In economically challenging times, time is money. Tax consulting must help to optimize processes instead of inflating them.
Digital transformation is not a future scenario, but has long been the present. Law firms that still rely on analog processes today are losing touch – and with it the next generation of entrepreneurs.
Digitalization in accounting means not only faster processes, but also a new quality of cooperation. It is no longer just about correct billing, but about creating real added value: time savings, clarity, consulting.
It’s time to rethink accounting.
