Overview

Workflow automation in accounting refers to the use of technology to streamline and optimize repetitive financial processes. By automating routine tasks such as invoicing, payroll, expense tracking, and reconciliation, businesses can improve efficiency, reduce errors, and enhance compliance. Automation tools integrate with accounting software to enable real-time financial data management, ensuring accuracy and transparency in financial reporting. Understanding workflow automation is crucial for accountants and finance professionals to remain competitive in a digital-driven industry.

Learning objectives 

Attending this webinar will equip you with the following skills:  

• Understanding the concept of workflow automation in accounting and its benefits.
• Identifying key accounting processes that can be automated.
• Learning how to integrate automation tools with existing accounting systems.
• Recognizing common challenges in automation implementation and how to overcome them.
• Exploring the impact of automation on compliance, reporting, and decision-making.

Content 

The webinar will cover the following topics:   

• Introduction to Workflow Automation

  • Definition and importance of automation in accounting

  • Key benefits: efficiency, accuracy, cost reduction, and compliance

  • The evolution of accounting automation

• Bank reconciliations and financial reporting
  • Payroll and employee expense management
  • Invoice processing and accounts payable
  • Key Accounting Processes for Automation
  • Tax calculations and compliance tracking
• Tools and Technologies for Automation
  • Cloud-based accounting software (e.g., QuickBooks, Xero, SAP)
  • Robotic Process Automation (RPA) in accounting
  • Artificial Intelligence (AI) and machine learning applications
  • Integration with Enterprise Resource Planning (ERP) systems
• Implementation Strategies for Automation
  • Steps to transition from manual to automated accounting processes
  • Choosing the right software based on business needs
  • Ensuring data security and compliance during automation
  • Training staff and overcoming resistance to change
• Challenges and Solutions in Accounting Automation
  • Data accuracy and integration issues
  • Cybersecurity risks and fraud prevention
  • Managing regulatory compliance with automated systems
  • Balancing automation with the human role in financial oversight

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

Who should attend? 

The following persons will benefit from attending this webinar: 

• Registered auditors. 

• Independent reviewers. 

• Trainee accountants/ auditors. 

Price 

• R 450.00 - Online admission - Individual. 

• Group Price 1 - From R184 per person (up to 5 users) 

• Group Price 2 - From R121 per person (up to 10 users) 

• Group Price 3 - From R109 per person (over 11 users) 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar. 

Corporate training solutions 

At SA Accounting Academy, we recognise the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritise hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at corporate@accountingacademy.co.za or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational goals.  

Contact us   

  Have any questions or need any assistance? Contact us today!   

• Online chat through our website.   

• WhatsApp: Start chatting (+27635026114)   

• Phone: 010 593 0466   

• E-mail: ticket@accountingacademy.co.za