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AcctTwo Blog

Investment in Equipment is Growing. Can Your Accounting System Keep Up?

CFO.com recently posted some information about the continued growth of equipment investment, referring to a survey by the Equipment Leasing & Finance Foundation. While they are forecasting a drop from the second half of 2014, when the rate of growth of equipment and software investment was above 9%, a remarkable number, the survey predicts the positive trend will continue at a respectable rate of around 6%. We encourage you to look more closely at the survey linked above, but first we'd like for you to consider some things:

Topics: Blog accounting software equipment management reporting Business Intelligence / Analytics Financial Reporting asset tracking Awareness