June 9, 2018 California

A new study reveals increasing trust of small businesses

A new study released by a famous research agency, especially done to estimate interest level of end customers on QuickBooks accounting software unveiled that advanced technology elements like automation and Artificial intelligence have shown positive impression on every user associated with the software.

The research signifies that small businesses are taking advantage of automation technique to leverage their accounting system and manage their business more accurately.

No one can deny the fact that the global economy of any country like USA depends on the success extent of small & medium size businesses. Therefore, a drastic increment in the interest rate of small businesses in QuickBooks advanced features is a positive sign for success of both businesses and economy of the country.

More than fifty percent of small businesses see Automation technology as an opportunity, which can help them to improve growth rate of their businesses. By the way, there is the least percentage of negative feedback which reveals the fear of technological innovation among some of the small businesses. Only five percent businesses see introduction of AI and Automation in QuickBooks as a threat.

Negative feedback from some small businesses claim that the automation technology will result in loss of jobs, but the overall percentage of positive feedback is too high in comparison to this.

SMEs and Automation Nowadays
Small business are expecting more and more benefits in the same continuation in the future. Five major reasons due to which Automation will influence positively are discussed below:

● Business Efficiency 73 percent
● Productivity 68 percent
● Innovation 62 percent
● Responsiveness to market changes 60 percent
● Revenue 59 percent

A better decision making capability of small businesses will be increased and the owners can think off beat to accomplish their business goals more efficiently. For more information on benefits of automation, users can take help from expert consultants via QuickBooks Customer Service Phone Number.