Minimising manual data entry in accounting with automation

stressed accountant
3min Read

Manual data entry in accounting is notoriously time-consuming and clumsy, prone to errors, duplication, and endless back-and-forth revisions. For companies working to tight deadlines, the repetition is not only a waste of time; it exposes teams to compliance risks and processing inefficiencies. Fortunately, automated accounting software is transforming the profession. By eliminating repetitive tasks and streamlining workflows, automation gives accountants more time to focus on analysis, strategic guidance, and client communication.

Why manual data entry is holding back your firm 

The inefficiencies of manual data management are not just an inconvenience; they act as a drag on a company’s performance. Duplicated entries across systems can generate version control nightmares and mismatched file updates. These issues create unnecessary pressure during peak periods, lead to missed deadlines, and erode client confidence. By not actively working towards eliminating manual data entry in accounting, companies risk higher staff turnover and client dissatisfaction, as accountants spend more time correcting errors than adding value.

What is automated accounting software?

Automated accounting software refers to cloud-based platforms that integrate with existing bookkeeping systems and automate essential tasks. These include synchronising financial data across ledgers, automatically populating working papers, supporting reconciliations, and maintaining a reliable audit trail. With platforms like Silverfin’s Working Papers and Data Hub, companies can automate key aspects of financial reporting—eliminating data duplication and enhancing accuracy across the board.

Benefits of cloud-based accounting workflow automation

Companies that adopt cloud-based accounting workflow automation see improvements in accuracy, productivity, and team morale. Benefits include:

  • Reduced risk of human error in reporting and compliance
  • Real-time file updates across the full client portfolio
  • Elimination of duplicate data entry in tax and year-end reporting
  • Increased staff efficiency and improved satisfaction

For deeper automation insights, explore Silverfin Assistant and how it leverages AI to optimise workflows.

Tools for accountants to save time and work smarter

Platforms that seamlessly integrate across the tech stack help to massively decrease inefficiencies and save time, improving the work environment. Silverfin connects to bookkeeping platforms and tax systems to deliver features like pre-filled templates, auto-calculated fields, and synchronised year-end data. These features can reduce review cycles, speed up the work process and vastly improve accuracy.

Real-world results from accounting automation

Silverfin clients are already enjoying tangible results. One mid-sized UK company reported a 40% reduction in time spent on manual data entry, enabling senior accountants to focus on forecasting and client advisory. Another company increased capacity during tax season by 25% without adding headcount by adopting automated accounting software that streamlines reconciliations and reporting. As one client noted, “Automation with Silverfin hasn’t just saved time—it’s changed the way we work.”

Explore how Silverfin can help you minimise manual data entry

Manual entry shouldn’t slow your team down. Discover how Silverfin’s cloud-based accounting workflow automation can help your firm minimise manual data entry in accounting, reduce errors, and unlock time for high-value work.

More Posts

accounting compliance software

Choosing the right accounting compliance software for your firm

Struggling to keep up with UK accounting compliance? The right software can automate tasks, improve accuracy, and reduce regulatory risk. Discover key features to look ...
Read More

Enhancing Corporation Tax: Effortless, compliant Corporation Tax filings every time

Our Corporation Tax whitepaper will help you create capacity with automation, and file Corporation Tax effortlessly.
Read More

How Cloud Accounting Automation Can Drive Revenue Growth for Accountancy Firms

Many traditional accounting tools can no longer keep up with the demands of the modern world. Your clients expect work done faster, mistakes come with ...
Read More

Driving New Standards With Accounting Compliance Software

If there is one thing you can count on, it’s changes to compliance regulations. In fact a recent report by Accounting Web Intelligence cited the ...
Read More

Moving from legacy software to Silverfin

We were joined at a recent webinar by Mark Thurston Director at East Anglian accounting firm Gascoynes to discuss the firm’s move from legacy accounting ...
Read More

The 3 Best AI Tools for Accounting  

The application of AI tools for accounting in the UK, such as Silverfin Assistant and Dext Precision, extends far beyond chatbot interfaces like ChatGPT, offering ...
Read More

EP 7 – How AI is transforming bookkeeping: insights from Nicolai Thomson, Jenesys AI

Artificial intelligence is redefining the future of accounting, and Nicolai Thomson, CEO and co-founder of Jenesys AI, is at the forefront of this transformation. In ...
Read More
Businesswoman with turtle near stack of coins. Investment victory and success from patience, Slow but stable

The hidden cost of inefficiency in UK accounting firms

Accounting companies depend on precision, expertise, and trust to be successful, but even the most reputable firms undercut their performance due to one persistent issue: ...
Read More

AI vs Traditional Accounting: Which is More Efficient?

AI accounting automation software helps to enhance and optimise financial processes and tasks. The technology can help streamline operations and increase accuracy, doing much of ...
Read More

The real benefits of Artificial Intelligence (AI) in accounting

Facing an avalanche of data and the perpetual need for precise financial reporting, accounting firms are under constant pressure to deliver swift, error-free results. But, how ...
Read More
corporation tax calculations

Save time on corporation tax with automated tax compliance tools

Corporation tax preparation has long been a stressful, time-consuming, and error-prone process, and this is especially true when data is managed across systems with mostly ...
Read More
accounting compliance software

Choosing the right accounting compliance software for your firm

Struggling to keep up with UK accounting compliance? The right software can automate tasks, improve accuracy, and reduce regulatory risk. Discover key features to look ...
Read More

Let’s Chat

Scroll to Top