Accounting: An Essential Strategy for Business Growth

Accounting, traditionally viewed as a system for financial recording and control, has evolved to become a vital strategic tool for corporate growth and sustainability. The information provided by accountants is now essential for day-to-day business decision-making.

Fernando José, accountant and head of the accounting department at Agilize, Brazil's first online accounting firm, emphasizes the importance of detailed and accurate financial reports. "With these reports, managers can make informed decisions, plan for the future, and identify opportunities for improvement and expansion," explains Fernando. He stresses that modern accounting goes beyond legal compliance, advising on the optimal tax regime and practices to legally minimize tax burdens.

For entrepreneurs seeking success, recognizing the importance of accounting is crucial. By thoroughly analyzing finances, accountants identify areas for cost savings and suggest strategies to increase profitability. "Accounting data reflects the day-to-day operations of the company. All economic or financial transactions are processed and analyzed, making it a strong ally in decision-making," states Fernando. He illustrates this with the analysis of the Income Statement (DRE), which enables partners to identify costs that reduce profit margins and take measures to minimize them.

Fernando also highlights the advantages of online accounting, which uses technology to process data more efficiently and quickly. However, he emphasizes that, despite automation, data analysis is performed by accounting specialists. "The issuance of invoices, for example, is automated at Agilize, eliminating the need for manual entry and reducing errors. Invoices are stored electronically, facilitating consultation and management, and ensuring compliance with tax requirements," he explains.

Accountants should be viewed as strategic partners for small businesses, helping to avoid fines and penalties, and providing accurate financial analyses that offer valuable insights for investment and expansion decisions. In this way, accounting significantly contributes to the sustainable growth of businesses.