Cloud Accounting: The Key to Digital Transformation in Financial Management

The purpose of this study is to provide readers with information about cloud accounting and to explain the advantages of businesses using cloud-based accounting systems. The study provides an overview of what cloud accounting is, how it works, its benefits, uses, important elements and future potential. The aim is to support businesses in their decision to adopt cloud accounting and to help them improve their financial management processes using this technology. However, the study also addresses the challenges and concerns of cloud accounting to help readers make an informed decision. The study also emphasizes that cloud accounting provides a competitive advantage for businesses and plays an important role as part of the digital transformation process. Information is provided on how businesses can use cloud accounting, what they should pay attention to and their expectations about future developments.