Thursday 16th April, 2015

The world’s leading CEOs in the Accountancy sector are now under greater pressure than ever before to drive growth as the economy picks up, with PwC’s research finding that 39 per cent are very confident in their ability to grow - and 61 per cent seeing more opportunity for growth now than three years ago.

Despite growing confidence however, the world’s leading companies still face major barriers to growth, especially in controlling the costs of their real estate. With energy prices continuing to rise and the cost of global office space set to increase by seven per cent this year, companies are failing to maximise the use of their properties.

Alongside this, businesses in the Accountancy sector seeking to grow their operations, are under immense pressure to find new and efficient ways of working as the modern workplace changes.

Investing in innovative technology has become a high priority for CEOs in the Accountancy sector to overcome these challenges, with 88 per cent finding value in digital transformation as a way to drive efficiency, according to PwC’s research.

Condeco Software, a market leader in workspace measurement and utilisation, highlights the challenges for Accountancy sector CEOs.

Paul Statham, CEO of Condeco Software, said, "It’s encouraging to see that growth is increasingly back on the agenda for business leaders in the Accountancy sector, but they will struggle to achieve this ambition if their most fundamental resources – their staff and their workspace are not working efficiently"

"We have found desks and meeting rooms often go unused for at least half of the working day in many organisations. With office space in London costing as much as £1,698 per square metre per year, this represents a huge expense going to waste."