Stakeholder feedback Stakeholder Pain points User needs Bookkeeping team members o Difficulty in managing a large volume of financial transactions and reconciliations manually. o Inefficiencies in generating accurate and timely financial reports. o Streamlined processes for recording financial transactions and reconciling accounts. o Automation of repetitive tasks to reduce manual effort. o Easy-to-use templates and tools for generating comprehensive and accurate financial reports. Accounting staff o Challenges in maintaining compliance with tax regulations and accounting standards. o Inefficiencies in managing data and ensuring data integrity. o Clear guidelines and procedures to ensure compliance with tax regulations and accounting standards. o Integration of accounting software and tools to enhance data management and accuracy. o Regular data backups and secure storage systems to ensure data integrity. Management and Clients o Delays in receiving financial reports and insights for informed decision-making. o Concerns about data security and confidentiality. o Timely delivery of accurate financial reports to support decision-making. o Assurance of strict confidentiality and data security measures. 15. Detailed instructions and guidelines for carrying out bookkeeping activities You must include detailed instructions and guidelines for carrying out the following three activities: 16. a. Recording financial transactions: Design step-by-step procedures for recording financial transactions