I was reading a professional add in accounting finance and noticed that companies required specific skills in ERP system, SAP, Microsoft Excel.

In addition to his traditional skills, the controller should justify an IT competence.
What is this IT competence and Why is it important?

What is accounting/finance software?

The Finance software can be used to check financial data in the financial market and to record directly the financial transactions for the easy access of the user. With the help of the finance software the user can pay the bills online and does not have to travel. The finance software also prepares financial statements and reports.

The Accounting software provides application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, payroll, and trial balance.

Why do we need software in Finance and accountancy?

The software can considerably reduce the errors that occur in the manual work of finance and accounting and the operations become automated. They improve the efficiency of the organizations and enhance security and control.

My opinion

Nowadays complex business environment and the competition force the companies to optimise the control costs, have lower risk and be more profitable through economies of time and money.
I think an easier access to information allowing the employees to react quicker and run the business more effectively. Moreover an automation and a full integration enable a good functionality and lowering risk.

However the software are not free? The price and the maintenance should be expensive.
In fact to be always more efficient and precise, they should be constantly modernised. And what about the reliance on this software? The future controller will know establishing a budget?