It should come as no surprise that managing an accounting firm has become more complex over the years. Accounting firm leaders are navigating increasingly complex tax legislation and accounting standards, managing a blended workforce, and juggling complicated internal projects and client needs.
As internal and external complexity has grown, so has interest in automation and outsourcing. While both strategies have value, they're not a magic bullet that will solve the challenges firms face today. Rising to the challenge requires a focus on three areas: people, process and technology.
Wolters Kluwer Mark McAndrew and Michelle Walsh, Chief Operating Officer at Edelstein & Company discuss why things go wrong when you fail to focus on all three legs of the stool and strategies you can implement in each of these areas.
Takeaways from the webinar include:
- Three essentials for managing complexity in a modern firm.
- Vetted strategies for improving talent, process and technology.
- How the right technology and tools are foundational to your firm.
