Strategic planning

Developing an AI system can carry a hefty price tag that includes not just the coding of the system itself but secondary costs like labor, training and data fees.

The emergence of virtual cards, especially when combined with AI-powered fintech apps, offers accountants a new approach to solving a long-standing challenge.

Finance platform Rho launched the Rho Partner Portal for Accountants, a version of Rho designed specifically for partners with Rho who are accountants.

Travel and expense solutions provider Navan released Navan Accountant Console, a dedicated solution made specifically for accounting firms.

Plus, Paystand enhances support for Microsoft Dynamics; and other accounting tech updates.

Many accounting firms run up against the dreaded profit plateau for a simple reason: The owner is too involved.

And that should be their firm, says David Wurtzbacher of Ascend.

Ron Baker's efforts to elevate practice management are innovative, insightful and venerable, and should be understood by everyone managing a practice or who wants to.

Planning is essential in any endeavor, especially in an accounting practice.

Plus, Xero goes from $113 million loss to $175.9 million profit; and other accounting technology news.