Tired of your client prospect pool shrinking every year and the industry average for billable rates plummeting lower and lower? Two primary disruptions within the accounting profession are driving these adverse trends – DIY software and cheaper outsourcing....
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Why You Need to Backup Your Online Financial Data
Security breaches of any kind can cause disruption, but when financial data is involved, the consequences of a data breach are serious—both for the financial services provider and the client. Massive amounts of money can be lost, sensitive account information...
Automating your accounts receivables: A Checklist
With the world moving at an incredible pace, financial leaders are faced with choosing where to spend their money and efforts. This often leads to financial managers mulling over various processes, having to choose which stream of effort needs the highest level of...
Top 5 Tools to Boost Cash Flow From Your A/R
Improved Accounts Receivable management can boost your cash flow quicker than any other source of funding. When cash flow becomes a problem, companies often increase their overdraft. Prevent wasting money on interest by following a proactive approach to your...
Forecasting vs. Budgeting: Why Forecasting Is the BEST Advisory Service
In 2020, small business owners and entrepreneurs simultaneously faced a public health, economic, and management crisis. But through it all, many persevered. They found solutions and adapted to not just survive, but thrive. Now they are looking ahead to the future of...
The Importance of Documenting Your Firm’s Critical Processes
Your accounting practice is a mass of intertwined processes. It’s the nature of what you do—it’s complicated and process-driven. This is exactly why documenting those processes is crucial for your firm’s success. By documenting and standardizing processes, you...