Today, every business is a technology business.  Your CPA practice is no exception. According to Sage’s ‘Practice of Now‘ report, more than 58% of accountants agree that Artificial Intelligence (AI) will improve future success. In the future, auditors will likely spend less time looking at source transactions.  Instead, they will access auditing technologies used by

As businesses gear up for a re-emergence from the economic difficulties of the past many months, they face multiple challenges. One of the biggest challenges is ensuring funds and finances start again. The second challenge is maintaining the momentum or pace of your business. According to a report by Main Street America, business owners impacted

As small businesses prepare to reopen after the COVID-19 pandemic, it is prompting many to re-examine their small business accounting strategies. While most small business owners are excellent at what they do, the task of managing finances, especially in these unprecedented times can be challenging. Many of America’s small business owners are thinking about how

As a business owner, what is the one thing you would credit with kick-starting your business? In our journey, we have realized that most business founders bring with them the passion to excel – be it accounting and financial planning for their clients, creating and marketing a product, or providing services. Performing all of the

Have you ever wondered how Robotic Process Automation (RPA) can future-proof your business and help you grow without bearing any linear costs like recruiting more people? RPA is redefining the accounting and finance profession in 2020. According to Gartner, RPA software is the fastest-growing segment of the global enterprise software market. Yet another report by

Managing a growing startup or practice is a challenging endeavor. Competing in the marketplace, offering new services, and gaining more clients are all part of the process. Partnering with a certified-MBE allows you to tap into a large number of public and private sector programs.  The increased access to government contracting opportunities that a partnership

According to an Investopedia article quoting the U.S. Bureau of Labor Statistics, approximately 20% of new businesses fail in the first two years and only 25% new businesses survive for 15 years or more. This is also supported by a 2018 report from the Small Business Administration (SBA) Office of Advocacy, which states that roughly

Most small business owners stay focused primarily on sales, leaving their financial position to chance. According to the Small Business Report, 60% of small-business owners feel they are not very knowledgeable about accounting and finance. Further, owners who do have accounting skills are mostly stretched too thin addressing other areas of the business. Hiring an

It’s crunch time! As you start another busy tax season, do you and your CPA partner feel the squeeze of heavy workload? If so, you aren’t alone. Accountants have to deal with long weeks, longer working hours, and the pressure of deadlines during the tax season. According to the 2019 Post-Tax Season Firm Survey of

Deciding to outsource your accounting and bookkeeping functions is a huge step in allowing you more time to focus on growing your business. But making that decision is only half of the equation. Equally important is selecting the right outsourcing accounting partner who aligns with the needs of your business. While there is no magic