The Role of Cloud-Based Accounting Systems in Enhancing Small and Medium Enterprise Financial Efficiency

Posted: Mar 29, 2022

• Lucas Scott
• Lucas Wilson
• Luna Brown

Abstract

The digital transformation of financial management represents one of the most significant technological shifts affecting small and medium enterprises (SMEs) in the contemporary business landscape. Cloud-based accounting systems have emerged as a pivotal technology in this transformation, offering capabilities that extend far beyond traditional accounting software. While existing literature has documented the basic benefits of cloud adoption, this research introduces a novel perspective by examining how these systems fundamentally reconfigure financial intelligence and operational efficiency through their unique architectural properties.