Automation

Sovos will now be able to deliver payroll wage withholding support to customers reporting on the 941 series form.

Accounting and investment pros can’t audit sources and verify data quickly enough to ensure the information is both updated and accurate.

A recent survey shows that many bookkeepers have begun offering strategic advice this year — some without even realizing it.

Accountants can build the kinds of skills needed to stay relevant in a rapidly automating world, according to IMA president and CEO Jeff Thomson.

What exactly are bots and Botkeeper, and why is this of any interest to accountants?

Business Licenses provides software and services for the research, acquisition and management of business licenses, registrations and permits for businesses of all sizes.

Within corporate environments, accountants are essential team members when it comes to governance, risk and compliance, especially during the pandemic.

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.