The Information Technology (IT) revolution that brought in computers has gone through a variety of stages. The prominent introduction being in the 1960s, when big companies had to store large amounts of data. The revolution of computers initially was used for complex data bases only. However, people realized the many uses that computers had to offer to everyone for daily use. Two major breakthroughs were the introduction of PCs and Mac computers, which of course greatly facilitated businesses and working people in several ways. Apart from that, hardware such as scanners, CDs, floppy drives, and printers, have facilitated the operations of offices in a big way.
Earlier, before computers were introduced in businesses, there were multiple devices in offices such as fax machines, typewriters, telefax equipment, stenography equipment, and filing cabinets that were used extensively. Computers successfully replaced all these office tools. The entire office became ‘dematerialized’, which also resulted in the optimum use of the available space.
Accounting and Finance
A computer is a clever accountant. There are countless accounting software that can cleverly record entries and plan finances. These financial software basically increase the accuracy and efficiency of the accounting process. There