The Role of Technology in Accounting

E-commerce solutions first hit the accounting software market in 1996 with the introduction of SBT ProSeries' Web Trader module. Crude by today's standards, this module was revolutionary and it sparked a monumental effort among accounting software publishers to duplicate, or better yet, top this product. Budgets were committed and programmers tapped feverously on their keyboards to bang out e-commerce applications.

To everyone's dismay, sales of e-commerce solutions even to this day have been lackluster at best. The fizzling sales have left accounting software publishers scratching their heads and turning their attentions towards more pressing matters. It seemed so obvious; it seemed so right; it seemed like a sure thing.

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