Use of information technology in managing the circulation of accounting documents

Abstract

Quick access to reliable and up-to-date information has become one of the critical success factors of businesses and a condition for gaining competitive advantage. Information about the financial and assets position generated by the accounting IT systems of companies have a strategic importance for their operation. In order for these systems to operate smoothly and to provide current information, a suitably organized system of documents flow is crucial using state-of-the-art information technologies.