How Accountants are Adapting to Changing Financial Business Needs Many professional services firms, in fact, use traditional accounting practices. Intelligent technology is still growing in many businesses that have the resources and intend to implement it. Supplier oversight, accounts payable, audits, purchasing, expense management, close processing, and customer inquiries are among the businesses that use these processes. The accounting software market is evolving as a result of new technologies. Whether you're an experienced accountant looking to stay on top of the game or a newcomer looking to break in, you'll want to be aware of the following technological advances affecting the accounting industry.