What are accounting software solutions commonly used for?

Accounting software is typically used for managing financial transactions, creating statutory reports, and providing insights for business decision-making. Eleven is cloud accounting software for accounting and multi-subsidiary firms, which allows to streamline accounting for a volume of clients without compromising on performance and profit margins.

How secure is my data with Eleven?

Each of your clients' general ledgers is a separate database, easy to restore and back up. To protect the data, Eleven uses advanced encryption. We securely store all the information and documents on certified AWS servers around the globe.

Is there any long-term contract?

Yes, you can opt for a 2 or 3-year contract with a fixed-price guarantee. Long-term contracts are available for both per-entity and per-accountant licences.

How does the free trial work?

You get full access to all of the accounting software’s features for 30 days, free of charge and without commitment. You can do the trial on sample (mock) data or migrate one or two of your client entities. Data migration is on us. You'll also have an onboarding training and a dedicated support chat to communicate with the team throughout the trial process.

What is your refund policy?.

If you change your mind within your first month of paid service, we offer a full refund.

How do I cancel my subscription?.

You can cancel your Eleven's accounting software subscription easily using the billing portal or by contacting our support team at support@runeleven.com. Make sure to contact us 30 days before the termination date.

Can I cancel my subscription but still keep my data?

Absolutely. Your data remains yours even after you cancel your subscription - you can export it any time in the .CSV format in a couple of clicks.

From Bookkeeper to Advisor: How Technology is Reshaping the Accountant’s Role

The accountant’s role is evolving beyond bookkeeping. With automation and AI, firms can shift from compliance to advisory, helping clients make data-driven decisions.

For decades, accountants were seen primarily as keepers of the books responsible for recording transactions, ensuring compliance, and producing financial statements. But in today’s digital first business landscape, that role is evolving rapidly. Technology, especially cloud platforms and AI driven automation, is shifting the accountant’s position from historical record keeper to forward looking advisor.

This transformation isn’t just about adopting new tools. It’s about unlocking new value for clients and redefining what it means to be an accountant.

The Decline of Manual Tasks

Traditionally, a significant portion of an accountant’s workload revolved around repetitive, time consuming tasks:
• Data entry from receipts and invoices
• Reconciling bank transactions
• Preparing compliance reports
• Tracking journal entries manually

With automation, these tasks are no longer bottlenecks. Cloud platforms integrate directly with banks, AI systems flag anomalies automatically, and e invoicing standards reduce the need for manual rechecks.

The result? Accountants can now spend less time looking backward and more time helping businesses look ahead.

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Clients Want Insights, Not Just Numbers

Business leaders today don’t just want a clean set of books. They want answers to strategic questions:
• How do we improve cash flow next quarter?
• Which product lines are truly profitable?
• Can we afford to expand internationally?

By leveraging analytics, scenario planning, and AI powered forecasting, accountants can step into the role of trusted advisor helping clients make informed decisions based on real time data.

Technology as an Enabler, Not a Replacement

The narrative that “AI will replace accountants” is misleading. What’s really happening is that technology is taking over the grunt work so accountants can focus on higher value activities.

• Automation handles accuracy. AI powered tools excel at repetitive, rules based processes like invoice matching or transaction categorization.
• Humans handle judgment. Accountants interpret the data, contextualize the insights, and advise clients based on business realities.

In short, the future isn’t accountants versus technology. It is accountants empowered by technology.

New Skills for the Modern Accountant

With this shift, the skill set required is changing too. Today’s accountants need to:
• Master digital tools from cloud platforms to AI dashboards.
• Strengthen advisory skills such as communication, storytelling with data, and strategic thinking.
• Adopt a client first mindset moving from “preparer of reports” to “partner in growth.”

The firms that succeed will be those that invest not only in new technology, but also in upskilling their teams to embrace this advisory driven future.

Looking Ahead

The transition from bookkeeper to advisor is well underway. For accounting firms, this represents both a challenge and an opportunity:
• A challenge, because adopting new technology and redefining processes takes effort.
• An opportunity, because firms that successfully pivot will become indispensable to their clients.

Technology may have sparked the shift, but the human element judgment, empathy, and strategic guidance remains irreplaceable. The accountant of the future isn’t buried in spreadsheets. They are sitting at the table, helping clients make the big decisions.

✅ Key Takeaway: Technology doesn’t diminish the role of accountants. It elevates it. The bookkeeper of yesterday is becoming the advisor of tomorrow, and the firms that embrace this change will lead the way.

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