The conference gathered accounting professionals, representatives from banks and financial institutions, small and medium business owners, tech entrepreneurs, and other stakeholders in the digital ecosystem. The event centered on how traditional accounting processes can be made more technology-friendly, data-driven, and efficient.
In the first session, Suman Pokharel, Deputy CEO of Global IME Bank, spoke on “Trust as Collateral: The Future of Lending Powered by Reliable Financial Data”. He highlighted that banks are increasingly evaluating loans based on business nature and cash flow rather than just property collateral. “Digital accounting has transformed business risk assessment. Sharing secure financial data via cloud platforms like Tigg allows banks to access real-time data, enhancing financial access for small and medium enterprises and strengthening trust between businesses and banks,” he explained.
In the second session, Chartered Accountant Arun Raut emphasized that accounting firms should go beyond tax and audit functions to support sustainable business growth and strategic decision-making. He noted that live bank statements and automated reconciliation have made accounting faster, easier, and more accurate.
During the final session, Manoj Ghimire, founder of Rara Labs, discussed how technology is simplifying business, accounting, and audit processes. “AI is automating repetitive and tedious tasks. In the future, audits will be real-time, eliminating the need to wait for a year to understand a business’s financial state. As technology automates more tasks, human roles will focus more on ethics, responsibility, and decision-making,” he said. According to him, software like Tigg helps streamline traditional accounting processes, allowing businesses to focus on strategic decision-making.
Tigg Nepal is a popular accounting software that integrates automation, compliance, and intelligent reporting into a single platform. It has played a significant role in simplifying and scaling financial management for small and medium enterprises as well as larger enterprises, making business operations easier and more reliable.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
