The Secret to Easy Onboarding for New Accounting Staff

When you were a kid and someone asked what you wanted to be when you grew up, chances are you didn’t reply, “An accountant!” You probably wanted to be a superhero, a princess, an astronaut, or maybe even a cowboy. While it’s going to prove difficult to find those job openings listed in abundance on Indeed or Monster, one job that you will be able to find is—you guessed it—accounting and finance.

According to a recent hiring forecast, accounting and finance job openings are set to increase in 2018. The study even found that 40 percent of businesses reported unfilled jobs in accounting and finance. That’s a lot of good news if you did end up growing up to be an accountant!

For companies, it might be a little more challenging. The number of accounting and finance professionals has yet to fully match up to the economy’s need. However, relief is on the way: Accounting graduates are on the rise, due in part to the strong economic demand. Many of the most in-demand corporate accounting roles available to new grads include financial analyst, tax and general accountant, and internal auditor.

So Much to Learn, So Little Time to Learn it

This means that more than likely, new accounting and finance professionals could be onboarding very soon at your company. No matter how seasoned a new employee is, there’s always a learning curve involved at a new job. New hires need to learn everything from processes to culture.

And, of course, there will be new software to learn.

Accounting is being transformed by new technology. Modern software is going a long way toward helping accounting professionals efficiently accomplish their work while also giving deeper insight into the company’s financials. Technology continues to impact this profession, and a good hire will embrace the solutions you have, eager to learn and move forward.

Secret Weapon: Excel

But what if you could make it more efficient for your newest hires? What if you could take everything they need to do with financial and operational reporting and put it in an environment that most of us started learning in high school?

What if they could do everything in Excel?

Excel is still the number one software for financial professionals around the world. There’s a reason for that: Aside from the low cost—whether a one-time purchase or annual subscription basis—Excel is simply easy to use. Its basic functions are intuitive and simple to pick up. Users can also choose from a plethora of templates to meet their spreadsheet needs, whether those are native Excel templates or templates from outside firms.

Excel is here to stay. And in 2018 it is even more powerful than you think.

Up and Running in No Time

With recent advances in Excel reporting and automation, things that were previously impossible for Excel to do—or impossible to do in a timely manner—are now within your reach. Excel can help you cut reporting process time by 50 to more than 300 hours per year when paired with one of two powerful Excel automation and reporting platforms: Spreadsheet Server or Atlas for Microsoft Dynamics.

How do they do it? Spreadsheet Server links directly to more than 80 different ERPS and Atlas links directly to Microsoft Dynamics AX and Microsoft Dynamics 365 for Finance and Operations, as well as other data sources, to pull real-time data into Excel to let users create the exact reports they need without an overabundance of spreadsheets. No need to perpetuate convoluted, weeks-long reporting processes with multiple data downloads and manual data manipulation. Your new hires don’t have to learn complicated reporting processes; all they have to do is set up an automated report that can be refreshed at the click of a button. All the reports you need are right there, right in Excel, and your new hires are on their way so fast, you’ll think they’ve already been working for you for years!

Even if you’re not yet in the market for new hires, Spreadsheet Server and Atlas can significantly automate your reporting process, making it easier to do more with fewer resources until you are ready to expand your accounting team.

Ready to onboard to automated reporting? We’re open for hire!