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	<title>Finance Tech News &#187; trends</title>
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		<title>IT shifts in 2012: What to budget for</title>
		<link>http://www.financetechnews.com/it-shifts-in-2012-what-to-budget-for/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=it-shifts-in-2012-what-to-budget-for</link>
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		<pubDate>Thu, 08 Dec 2011 11:00:53 +0000</pubDate>
		<dc:creator>Valerie Helmbreck</dc:creator>
				<category><![CDATA[Budgets and spending]]></category>
		<category><![CDATA[cloud computing]]></category>
		<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest News & Views]]></category>
		<category><![CDATA[consumerization]]></category>
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		<guid isPermaLink="false">http://www.financetechnews.com/?p=8746</guid>
		<description><![CDATA[<p>Budgets for 2012 are being finalized and the line item for IT will likely be affected by a couple of important trends that finance needs to be ready for. The pros at tech analyst firm Gartner cite two big changes in technology that will likely have a big impact on the way your IT department is [...]</p><p>The post <a href="http://www.financetechnews.com/it-shifts-in-2012-what-to-budget-for/">IT shifts in 2012: What to budget for</a> appeared first on <a href="http://www.financetechnews.com">Finance Tech News</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>Budgets for 2012 are being finalized and the line item for IT will likely be affected by a couple of important trends that <span id="more-8746"></span>finance needs to be ready for.</p>
<p>The pros at tech analyst firm Gartner cite two big changes in technology that will likely have a big impact on the way your IT department is structured, spends its money and hires staff.</p>
<p>The changes: the consumerization of IT and cloud computing.</p>
<p>The first will involve IT supporting and enabling consumer devices &#8212; tablets, smartphones, laptops &#8212; that workers choose to use to get their jobs done. Gone are the days when IT distributes equipment and software they&#8217;ve approved for business use. These days, workers are using devices of their choosing to access company networks and services.</p>
<p>And they expect IT to help them do it.</p>
<p>This practice can be a cost saver &#8212; most employees spend their own money for these devices and train themselves in their use. They also boost productivity and enable mobility for workers, but they can pose serious security and compliance risks if not properly managed by your IT pros.</p>
<p>As for cloud computing, this trend will likely mean that functions like user support, network maintenance, storage and email services will soon be managed by vendors, freeing up your staff for more work on business intelligence and data mining work. This will mean a change in the skills needed by your CIO. It might actually mean fewer bodies, but you can expect their expertise to cost you more than the maintenance workers who&#8217;ve been the backbone of most IT groups in the past.</p>
<p>To read more about Gartner&#8217;s 2012 IT trends, visit <a title="Gartner" href="http://www.gartner.com/it/page.jsp?id=1862714" target="_blank">here</a>.</p>
<p>The post <a href="http://www.financetechnews.com/it-shifts-in-2012-what-to-budget-for/">IT shifts in 2012: What to budget for</a> appeared first on <a href="http://www.financetechnews.com">Finance Tech News</a>.</p>]]></content:encoded>
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		<title>Key tech trends for finance in 2012</title>
		<link>http://www.financetechnews.com/key-tech-trends-for-finance-in-2012/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=key-tech-trends-for-finance-in-2012</link>
		<comments>http://www.financetechnews.com/key-tech-trends-for-finance-in-2012/#comments</comments>
		<pubDate>Thu, 03 Nov 2011 11:28:18 +0000</pubDate>
		<dc:creator>Valerie Helmbreck</dc:creator>
				<category><![CDATA[adoption]]></category>
		<category><![CDATA[cloud computing]]></category>
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		<category><![CDATA[mobile technology]]></category>
		<category><![CDATA[2012]]></category>
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		<category><![CDATA[trends]]></category>

		<guid isPermaLink="false">http://www.financetechnews.com/?p=8514</guid>
		<description><![CDATA[<p>The cascade of new technology can be tough to handle if you&#8217;re trying to get your day job done in the meantime. For the folks who have to account for the organization&#8217;s finances, the experts at the Journal of Accountancy have attempted to highlight the tech trends of 2012 that will have the most impact on their job. [...]</p><p>The post <a href="http://www.financetechnews.com/key-tech-trends-for-finance-in-2012/">Key tech trends for finance in 2012</a> appeared first on <a href="http://www.financetechnews.com">Finance Tech News</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>The cascade of new technology can be tough to handle if you&#8217;re trying to get your day job done in the meantime. For the folks who have to account for the organization&#8217;s finances, the experts at <span id="more-8514"></span>the <a title="Journal of Accountancy" href="http://www.journalofaccountancy.com/Web/KeyTechnologyIssuesfor2012.htm">Journal of Accountancy</a> have attempted to highlight the tech trends of 2012 that will have the most impact on their job.</p>
<p>The concensus: Mobility and the Cloud.</p>
<p>They also believe that training for finance staffs will be crucial to getting the most out of their tech investments.</p>
<p>Their recommendation: These two trends will mean dramatic shifts in the way accounting staffs go about their jobs. Planning for the transition to these new technologies needs to start now so that the move will be smooth and orderly.</p>
<p>The post <a href="http://www.financetechnews.com/key-tech-trends-for-finance-in-2012/">Key tech trends for finance in 2012</a> appeared first on <a href="http://www.financetechnews.com">Finance Tech News</a>.</p>]]></content:encoded>
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		<title>Mobile devices top CPA&#8217;s tech list</title>
		<link>http://www.financetechnews.com/mobile-devices-top-cpas-tech-list/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=mobile-devices-top-cpas-tech-list</link>
		<comments>http://www.financetechnews.com/mobile-devices-top-cpas-tech-list/#comments</comments>
		<pubDate>Thu, 07 Apr 2011 11:00:48 +0000</pubDate>
		<dc:creator>Valerie Helmbreck</dc:creator>
				<category><![CDATA[adoption]]></category>
		<category><![CDATA[Budgets and spending]]></category>
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		<category><![CDATA[In this week's e-newsletter]]></category>
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		<category><![CDATA[mobile technology]]></category>
		<category><![CDATA[smartphones]]></category>
		<category><![CDATA[Tablets]]></category>
		<category><![CDATA[annual American Institute of Certified Public Accountants]]></category>
		<category><![CDATA[CPA]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[top]]></category>
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		<guid isPermaLink="false">http://www.financetechnews.com/?p=7028</guid>
		<description><![CDATA[<p>CPA&#8217;s have ranked mobile devices as the top tech trend of the year because these hot new devices can not only boost productivity, but they&#8217;re also great for the the twin purposes money managers are most interested in: cutting expenses and increasing revenue. The proliferation of smartphones, tablet computers and mobile devices in the workplace [...]</p><p>The post <a href="http://www.financetechnews.com/mobile-devices-top-cpas-tech-list/">Mobile devices top CPA&#8217;s tech list</a> appeared first on <a href="http://www.financetechnews.com">Finance Tech News</a>.</p>]]></description>
				<content:encoded><![CDATA[<p>CPA&#8217;s have ranked mobile devices as the top tech trend of the year because these hot new devices can not only boost productivity, but they&#8217;re also great for the the twin purposes money managers are most interested in:</p>
<p><span id="more-7028"></span>cutting expenses and increasing revenue.</p>
<p>The proliferation of smartphones, tablet computers and mobile devices  in the workplace emerged for the first time as the top business  technology concern for CPAs and finance execs, according to the  <a title="AICPA" href="http://www.aicpa.org/INTERESTAREAS/INFORMATIONTECHNOLOGY/RESOURCES/TOPTECHNOLOGYINITIATIVES/Pages/2011TopTechInitiatives.aspx" target="_blank">2011 Top Technology Initiatives Survey by the American Institute of  Certified Public Accountants. </a></p>
<p>The 22nd Annual AICPA Top Technology Initiative survey, conducted  Jan. 13 to Jan. 26, shows control and use of mobile devices was the No. 1  challenge for IT professionals. The finding was based on responses from  nearly 1,400 CPAs nationwide specializing in information technology.</p>
<p>Along with mobile devices, the survey pointed to future IT issues that will come with the  implementation of touch-screen technology, deployment of  faster networks and voice recognition technology.</p>
<p>“The surging use of smartphones and tablets means people are doing  business, exchanging sensitive data wherever, whenever they want to,”  said Ron Box, CPA/CITP, CFF.  “The technology is advancing so rapidly  that the capabilities for controlling and protecting the information on  mobile devices is lagging behind.  What was once as simple as losing  your phone, could now create an enormous security risk for  organizations.”</p>
<p>“Driving business value while managing risk means using technology  solutions like encryption and asserting policy controls over what you  can and can’t do remotely,” said Joel Lanz, CPA/CITP, CFF. “This is  forcing IT professionals to think anew about how to manage networks and  will now require a whole new level of communication with users.”</p>
<p>Lanz and Box are co-chairmen of the AICPA’s Top Technology  Initiatives task force which produces the annual survey to help CPAs who  are trusted advisors to corporate executives and board audit  committees. The survey captures and ranks the business-related  technology challenges that CPAs across the country are helping clients  and executives address as they assess the role of technology in their  organizations. The survey data is intended to be a guide on technology  issues as clients and executives turn for answers to CPAs, both in  public practice and industry.</p>
<p>“This year’s results revealed a sharp focus on IT value &#8211; return on  investment &#8211; coupled with unceasing attention to data security,” Box  said.</p>
<p>Mobile devices are receiving more attention as technological  advancement shifts productivity tools from desktops to pockets amid  increasing reliance on mobile applications. According to researcher  Gartner Inc., some 117 billion applications will be downloaded to mobile  devises worldwide by the end of this year.</p>
<p>The post <a href="http://www.financetechnews.com/mobile-devices-top-cpas-tech-list/">Mobile devices top CPA&#8217;s tech list</a> appeared first on <a href="http://www.financetechnews.com">Finance Tech News</a>.</p>]]></content:encoded>
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