Beyond Financials: The Role Of Cloud-Based Accounting In Driving Sustainability Through Resources Efficiency, And Employee Well-Being

Abstract

This study investigates the impact of cloud-based accounting (CBA) systems on fostering sustainability among Micro, small and medium sized enterprises (MSMEs) in Odisha, India emphasizing corporate governance, resource management and employee well-being. A structured Likert-scale questionnaire was used together data from 204 Micro, small and medium sized enterprises (MSMEs) as a part of quantitative study strategy. Partial Least square structural equational modelling (PLS-SEM) was used to investigate the complex relationships among the variables, while SPSS was used to ensure the reliability and validity of the data. The findings revealed a significant association between cloud-based accounting adoption and key organisational outcomes. Adoption of CBA accounts for 75% in employee well-being and 61% in resource efficiency. Moreover, EW and RE collectively explains 59.9% of the variance in sustainability. These findings collectively highlight the transformative potential of CBA systems in enhancing organisational efficiency, employee’s satisfaction and financial transparency, while advancing economic, social and environmental sustainability.