Firm Management December 23, 2024
Does Your Firm Have a Data Strategy?
Data is at the core of incorporating AI and automation into your firm’s workflows. Without a deliberate data strategy, these initiatives can fall short.
December 17, 2018
Paychex Adds Integration with QuickBooks Online
The new integration allows users to quickly and easily connect data from the Paychex GLS, so it flows directly into their QuickBooks Online accounting package through a convenient “Link and Sync” tool in Paychex GLS. Through the integration, users can ...
December 17, 2018
No Need to Fear Blockchain: What CPAs Need to Know
Eighty-four percent of executives say their companies have at least some involvement in a blockchain project, according to PwC's 2018 Global Blockchain Survey.
December 17, 2018
The Best Technology Enhancement
A colleague recently shared an amusing story with me. At a firm she worked for, an older partner refused to use email. Instead, he tasked a staff member with sending and receiving all email to and from clients on his behalf. As if that weren’t bad enough, the partner insisted the staff member format all...…
December 17, 2018
Got Bots?
When we talk about AI, the image that comes to mind for most people is robots doing many of the jobs we’re doing today. But AI is not just a futuristic vision for accounting firms. In proactive firms, the future is already here.
December 17, 2018
11 Easy Automation Wins for Accounting Teams
Overwhelmed by buzzwords like “blockchain” and “artificial intelligence”? While these technologies will no doubt be transformative over the next decade, there are plenty of ways for teams to get significantly more efficient and effective using ...
December 17, 2018
In Firm: 2019 IT Predictions and 2018 Results
The increasing rate of technological evolution and of software vendors attempting to integrate with that evolution continues to happen at a fever pitch. With that in mind we offer our predictions as to those items that we believe will have the highest ...
December 17, 2018
December 2018 Firm Management Channel
Why Most Firms Don’t Make It to the Second Generation By Marc Rosenberg, CPA The short answer is that CPA firms stink at succession planning. Firms’ entire operations are geared to maximizing short-term profits, focusing on today at the expense of tomorrow. Evidence of this is the following: A 60 year-old sole practitioner wants to...…
December 17, 2018
December 2018 Accounting & Audit Channel
Top 5 Skills Modern Accountants Need in 2019 Kurt Avarell, Founder & CEO, Canopy To achieve success, accountants must understand the importance of investing in themselves. This means building up their skills beyond crunching numbers and preparing tax returns. It’s important for modern accountants to improve valuable skills and build on their strengths in areas...…
December 17, 2018
December 2018 Small Business Channel
How Businesses Can Combine Data and Systems Into a Winning Strategy By Greta Guest Most managers want to base their business decisions on solid information, but that’s not always easy. It can be challenging to figure out exactly what data you should compile and how you can best use it. Michigan Ross Professors Gwen Yu...…
December 17, 2018
Boomer Consulting, Inc., Announces Leadership Changes
Boomer Consulting, Inc. has announced important leadership changes. Arianna Campbell, Lean Six Sigma Black Belt, has been named Director and will lead Boomer Consulting’s Lean Six Sigma process improvement practice.
December 14, 2018
2018 Review of Doc.It Suite
Doc.It Suitewww.Doc-It.com From the 2018 reviews of Document Management and Documents Storage Systems for accounting firms. Doc.It Suite is a powerful, scalable document management and storage product that also includes a full suite of additional tools and resources designed for accounting firms, including a web portal, workflow tools, work binders, and a PDF editor. Doc.It offers...…
December 14, 2018
8 Benefits of Enhancing Daycare Record Keeping
Time-consuming administrative tasks like staffing, daily planning, and payment collection can slow a daycare down and, at times, even grind the operation to a halt. Keeping physical records is likely the norm for no other reason than that it is how ...