Digitalization of accounting processes in small enterprises: modern IT solutions and their efficiency

Анотація

Introduction. This article explores the digitalization of accounting processes in small businesses in Ukraine and the impact of modern IT solutions on accounting efficiency. The study emphasizes the significance of the widespread implementation of software-based cash registers, cloud services, and ERP systems in the practice of financial reporting. It highlights that these tools are crucial for increasing transparency, reducing administrative costs, and automating reporting processes. However, digitalization also introduces challenges, such as cybersecurity risks, the need for substantial financial investment, and raising staff’s digital competencies. Purpose. The purpose of the article is to explore current trends in the digitalization of accounting in small businesses and to formulate recommendations for enhancing the efficiency of accounting solutions, taking into account regulatory requirements and potential risks. Methods. The research is based on a synthesis of regulatory documents, statistical data, and scientific publications, alongside a comparative analysis of digital accounting tools, including mobile applications and cloud-based platforms, to evaluate their impact on business processes. Results. The findings demonstrate that the use of cloud accounting software and PRROs significantly improves the speed and accuracy of financial data management. It was noted that the number of PRRO users has consistently increased, indicating growing trust among entrepreneurs towards digital financial tools. Additionally, ERP platforms enable the integration of accounting, financial control, and inventory management functions into a unified system, enhancing decision-making and operational flexibility. Despite the benefits, the study points out that ERP solutions require substantial initial investments and specialized staff training, while mobile accounting tools depend on stable internet access. Conclusion. The study concludes that the digitalization of accounting processes is a vital factor in enhancing transparency, compliance with regulatory standards, and reducing the administrative burden on small businesses. Practical recommendations include the development of targeted training programs for entrepreneurs and the promotion of government-backed online courses for improving digital literacy. Further research should focus on assessing the economic impact of blockchain technology on financial data security and adapting digital solutions to the regional infrastructure of Ukraine.

Класифікація

Ідентифікатори

Схожі роботи