There’s no question about it, computer systems are replacing the need to employ people, and making things happen so much faster in a business.
Just one example is creditors and the payment cycle.
In the old days, after purchasing something, you received the invoices in the mail, sorted them, and reconciled them to a statement. The invoice may have been processed into a creditors system, maybe by about the 10th of the month you had an idea of what your creditors balance was at the end of the month previously. Read More »