Free Whitepaper

The Rise of Digital Commerce

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What you'll learn from this whitepaper

  • 5 key digital commerce trends impacting accountants and bookkeepers
  • How digital commerce differs from traditional e-commerce
  • Reasons accountants have traditionally found digital commerce complex
  • What to look for in a digital commerce tech stack

How will the rise of Digital Commerce impact accountants and bookkeepers?

 With its roots in the 1990s, ecommerce had been building steadily until 2020 when, in just 90 days, the world experienced a decade’s worth of growth reaching 5 trillion USD. More than 30% of annual global retail sales are now online, and demand continues to grow as more and more businesses are launching digital sales channels. In this whitepaper, we explore the ways in which accounting and bookkeeping firms can accelerate their clients’ growth by embracing the right kind of tech stack to minimize ‘busy work’, provide valuable business insights, and become a trusted business partner. All whilst ensuring client accounts remain profitable.

Digital Commerce is on the rise...

30%

of annual global retail sales are online through multiple digital sales channels

75%

Of businesses manage digital commerce tasks manually

“Digital commerce relies on automation that allows customers to self-serve their desired purchase online without any human intervention. Major retailers have been leading the way in this space, having implemented full automation - but of course businesses in all sectors have now embraced digital commerce in response to the pandemic. It means accounting practices everywhere are having to adapt their services - and their tech stacks - to better support and enable their clients to establish competitive-advantage.”

Nana Guenther, CPA (Practice Solutions Expert)