How has computer software helped businesses in maintaining and compiling accounting information?

How has computer software helped businesses in maintaining and compiling accounting information?
Computer software is playing a great role in todays business environment. This is because of its advantages and characteristics. In earlier days, the compiling of accounting information was a very tough task due to the involvement of the manual process. Because of this, the finance department of each organization does not only put its most of human resource effort to manage the accounting information but also spend huge money as labour charge to collect and make the availability of the important financial information at the time of requirement. On the other hand, the use of computers has changed this scenario because there is several accounting software which collected the report related to daily business transactions, expanses, earnings and cash in hand