Adapting to digital technologies to enhance the efficiency of accounting processes that effect organizational sustainability

Abstract

This research aims to 1) study the adaptation to digital technology to increase the efficiency of accounting processes; and 2) study the factors of accounting process efficiency that affect the sustainability of organizations. The sample group is companies limited and public companies limited registered with the Department of Business Development to operate in information and technology (IT) fields, totaling 364 companies. A questionnaire was used as a tool for collecting data. Data was analyzed using descriptive statistics, including mean, frequency, standard deviation, and inferential statistics, using correlation coefficient analysis and multiple regression analysis. The research results found that (1) the adaptation of organizations and accounting staff to digital technology has a positive influence on the efficiency of accounting processes; and that (2) the efficiency of accounting processes influences the sustainability of the organization. A key technology adaptation is to create consistency in the use of digital technology with accounting data. Next is the organization's support in digital technology resources for accounting staff, which will help improve the efficiency of accounting processes, especially in terms of financial data adequacy,    the speed of financial data support and the accuracy and the reliability of financial data. The efficiency of all aspects of the accounting process also affects the sustainability of the organization in terms of controlling operating costs to be at an appropriate level, the detection of errors and corruption in the organization, and the continuous development of the organization (with statistical significance at the 0.01 and 0.05 levels, as detailed in the results of this research).