Take our 5-minute questionnaire and get personalised advice for your business challenges. Get started.

Ethics in technology

Back to News
Uncategorized

Ethics in technology – there is a trend towards consumers using businesses who can demonstrate they are ethically sound. They are modifying their spending behaviour to reduce their environmental footprint, for example avoiding brands with poor “green” reputations. This pattern has continued despite the global financial crisis and the subsequent economic downturn.

tree in handsWe live in an amazing age where a 100 page document can be sent from Osborne Park to Newcastle in a few seconds. An age where forms can be digitally completed and signed, without a pen ever touching our hands! We should all take advantage of this time (and space) saving technology where possible. Even the additional electricity required to run computers a little longer to do all this can be offset with a carbon footprint.

Most new accounting software packages allow receipts and invoices to be uploaded and attached within the program, which means no more misplaced invoices. It also makes finding invoices a breeze come tax or audit time.

A significant number of invoices and documents such as bank statements, are now issued online in PDF, rather than through the post. These can be attached straight into your accounting program, saving on paper, ink, staples, lever-arch files and so on. Some programs can even be linked directly to your bank account, making month end reconciliations even easier!

By utilising the technologies available, you not only save your business time and money, you also help reduce landfill and minimise your company’s carbon footprint. Talk to your accountant about the options available to you and how they can help make your working life easier and greener!

Contributed by

Alana Thomas – Auditor,

Optima Audit, March 2015

 

Optima Partners offers support to all businesses. Whatever your requirements

For more information on how Optima Partners’ services can help your business, contact the team at [email protected] for a consultation.

Latest News

Is Your Business Growing in the Right Direction?
Growth feels good. More revenue, more clients, more staff, a fuller calendar. It’s easy to...
How to Make Better Business Decisions Using Your Financial Data
Most business owners make their biggest decisions based on how things feel: revenue appears strong,...
Beyond the Numbers: What Optima Partners Does for Australian Business Owners
Most accounting firms do the same thing: lodge returns, reconcile accounts, and meet deadlines. This...
Watch Out for Misleading ASIC Annual Company Statement Notices or Business Name Registrations
A number of our clients have recently received official-looking letters requesting payment for an Annual...
Key Dates – September 2026
Staying on top of your compliance deadlines keeps your business running smoothly and avoids unnecessary...
Unpaid Super Is No Longer Just a Company Problem
It is a director’s problem. From 1 July 2026, the way Australian employers pay...
Tax Planning and Compliance Strategy: Turning Obligations into a Business Advantage
For most WA business owners, tax planning and compliance strategy is treated as a once-a-year...
How WA Business Owners Can Win the New Financial Year
The new financial year has started. For most business owners, July comes and goes without...
Anti-Money Laundering Laws Have Changed and Accountants are now Included in these Reforms
You may have heard that Australia’s anti-money laundering and counter-terrorism financing laws have changed. From...
Division 296 Is Now Law: What SMSF Trustees Should Know
From 1 July 2026, the taxation of superannuation earnings for individuals with larger balances will...