Cash flow is the lifeblood of professional services organizations. While cash may be king, the billing and collections process is often treated like a pauper from a technology standpoint. Within many firms, spreadsheets and manual systems are commonly used to bill...
Before revenue comes in, invoices must go out. As simple as it sounds, many accounting firms find this basic business principle difficult to execute. The culprit? Antiquated, legacy systems that don’t provide the automation and visibility needed for accountants to...
Amid partner retirements and talent wars, many accounting firms have arrived at a crossroads where they need to figure out “which way to grow.” M&A has always been an option, but private equity (PE) firms are giving inorganic growth strategies a new twist. In...
After a two-year hiatus, it has been wonderful getting back to meeting and interacting with our clients, prospects, and other vendors in person at conferences this summer; whether the BDO Alliance conference, AICPA Engage, or CPAFMA the thing that stands out the most...
Every firm is different. No two firms have the same short- and long-term plans, goals, processes, or face the same challenges. Given this, it might be natural to think that having a multitude of systems to address various aspects of your business would be the right...
In the modern workplace, technology has taken center stage. In an environment that’s rapidly morphed from onsite to hybrid or fully remote, having the right technology in place has become crucial. Companies have added additional technologies and support resources to...
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