Automation

Automated technology makes it easier to provide extra services during these difficult times; and it also creates opportunity to move to value pricing.

Vendors can send their invoices to an email address, where Expensify will automatically scan them, present them to the business for approval, and then cut the vendor a check automatically from the user’s business bank account.

The recent announcement of potential financial transaction taxes in New York and New Jersey alongside new regulations represent a growing operational challenge.

A valued accountant is a holistic business advisor to clients, solving human problems that technology simply cannot — and will never be able to — solve on its own.

Accounting firms gain much more by automating information collection than you might think.

Despite the many, many downsides of COVID-19, one of the biggest silver linings has been that it forced CPAs and accountants into being true advisors to their clients.

The shutdown in March forced O&G firms to confront the inefficiencies of their financial processes.

COVID-19 has changed the game. Leaders will need to reshape their companies for the new normal, making the promise of agility and market responsiveness an actual reality.

Clients’ expectations are constantly shifting, and that’s never been truer than in recent months with the COVID-19 pandemic sending businesses into a state of uncertainty.

The hiring of accounting graduates by CPA firms has declined nearly 30 percent in recent years, and Illinois CPA Society president and CEO Todd Shapiro hopes to reverse that trend.

Since the advent of the internet, the accounting profession has faced an identity crisis.

With the new injection of funds, Sovos plans to continue its geographic expansion, deepen its partner ecosystem, and respond to emerging tax and regulatory changes around the world.

Historically there has been a significant perception gap between the actual services being offered by the accountant and their perceived value by the client.

Firm leaders have discovered that what they originally thought was unthinkable has made its way onto the partner priority list.

Internal audit departments are slowing down the adoption of next-generation technologies, such as artificial intelligence and machine learning, according to a new survey.

Big data can help companies make better financial decisions, improve their operational processes, increase employee compliance and much more.

Robotic process automation has been spreading across accounting and finance departments, according to an IMA report.

Accountants can start small when it comes to deploying robotic process automation to streamline their workflows.

Borrowers or their accountants can fill out the forgiveness application and the tool produces all government-mandated forms automatically.