Why it is Essential for Technology to Power Your Company’s Accounting Why it is Essential for Technology to Power Your Company’s Accounting March 2, 2021 Posted by China Briefing Written by Adam Livermore Reading Time: 10 minutes A tech-powered accounting solution means the use of information technology to optimize the basic business processes. It can be achieved through integrated software solutions which could be set up by the company itself, via the software as a service (SaaS) approach, or other cloud-based approach. Without the use of accounting technology in your China operations today, your organization will remain reliant on the in-house accounting team or service vendor to maintain its tax compliance. This may be an inefficiency that your organization can no longer afford to sustain operationally or financially, depending on the nature of your local business.