
Impact of Digitalization on Accounting Systems in Industrial Organizations in Rajasthan |
| ( Volume 3 Issue 3,March 2016 ) OPEN ACCESS |
| Author(s): |
Dr. Rohitashwa Kumar |
| Keywords: |
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Digitalization, Accounting Systems, Industrial Organizations, Rajasthan, Enterprise Resource Planning, Automation, Financial Transparency, Small and Medium Enterprises, Audit Traceability |
| Abstract: |
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This research paper examines the impact of digitalization on accounting systems within industrial organizations in Rajasthan, with a focus on developments. The transition from manual bookkeeping to digital accounting introduced significant changes in accuracy, efficiency, transparency, and control in financial management. Digital tools, including Enterprise Resource Planning systems and specialized accounting software, began reshaping accounting practices in Rajasthan’s industrial sector, especially among small and medium enterprises. However, challenges such as the digital divide, limited technological infrastructure, knowledge gaps, and financial constraints moderated the pace and extent of adoption. The study integrates literature on digitalization trends and a case study, highlighting improvements in process automation and audit traceability alongside emerging cybersecurity and implementation issues. The findings suggest that while digitalization positively influenced accounting accuracy and operational efficiency, broader infrastructural and skill development support was essential for sustainable digital transformation in Rajasthan’s industrial accounting systems. |
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