The Impact of Accounting Software on Business Performance: The Perspective of SME’s Accounting Professionals in Sri Lanka

Abstract

Most small and medium Enterprises use accounting software for their day-to-day operational work with the growth of technology. This study examines the significant effects that accounting software has on business performance and how businesses operate, emphasizing the revolutionary potential of digital financial tools in the current business environment. Primary data were collected through a questionnaire by those who work in SME organizations familiar with accounting packages. The quantitative data required for the study was gathered through a sample size of 153 participants (accountants or employees involved in using accounting software in their work). SPSS software package used to analyze obtained data. The overall research findings of the study indicated that there is a positive significant relationship between characteristics of accounting software and business performance.