tech and fintech

m&a looms large for 30% of firms

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most solos are happy as they are.

the accounting firm operations and technology survey

mergers and acquisitions for growth are on the minds of 30% of accounting firms, whether within the next year or further out. however, 56% have no such inclination and say a flat “no” to the prospect.

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more: today’s top 3 tech problems: security, client onboarding and workflow | today’s top 3 problems: staffing, workflow and tech
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for some firms, of course, these activities are options to be acquired. medium firms (11-50) top that interest at 9.6%, while 5.1% of small firms and 3.1% of solos are investigating their options, in the table below.

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today’s top 3 tech problems: security, client onboarding and workflow

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process automation and tech strategy make the list.

the accounting firm operations and technology survey

security and risk management top the list of technology issues challenging accountants, but they’ve dropped over the past year. meanwhile, there’s growing concern over business process consistency and cost reduction.

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firm size plays a role. the largest firms register uniform business processes and integration challenges as their roughest points, while those rank at the low end for solos, who fret more over security and risk management.

both ends call out application updates more than those in the middle, and training worries mid-size firms more than anyone else.

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today’s top 3 problems: staffing, workflow and tech

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cybersecurity, competing for clients and lagging profits make the list.

recruiting and retention may lead the list of issues accountants are facing. but problems in managing workflow have almost doubled in the last year.

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and, while firms of all sizes share many of the same problems, there are stark differences through the spectrum of solo operators to the largest firms. for instance, about two-thirds of firms with 11 to 100 employees rate staffing as their chief concern, but larger firms aren’t having nearly as much trouble. the mid-size firms are leading in solving the workflow dilemmas, while the largest and smallest firms at opposite ends of the spectrum are having considerably more trouble.

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two tiny chargers to revive your dead phone fast

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recommended: spigen (left) and anker (right)

four simple rules and a couple of great gadgets to solve your all-day charging problems.

by rick richardson
technology this week 

we do everything to keep our phones charged all day, hoping we won’t need to plug in until the evening.

alas, at the worst possible moment, the phone just dies. it needs to get recharged. now! and fast!

more tech: hurling satellites into space without rockets  |  the big battles ahead for corporate finance  | the fintech flood: accounting will never be the same  |  the seven-step plan for marketing by spreadsheet | your sales tax headaches are only just beginning | new insights on emerging technologies and people issues

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what to do? of course, everyone knows you can’t go from zero to full charge in 10 or 15 minutes.

but here are four simple rules (including a couple of mini-sized gadgets) that will help you recharge your phone quicker. read more →

hurling satellites into space without rockets

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yes, nasa has a plan for that.


watch how spinlaunch flings payloads into space.

by rick richardson
technology this week 

every satellite put into orbit in the history of spaceflight has relied on rockets. now a company called spinlaunch is celebrating the first successful test launch for its kinetic launch system, a method that instead uses a massive accelerator, larger than the statue of liberty and powered by an electric centrifuge, that flings a payload into space like a discus.

more in tech:  the big issues in audit: frustration, inconsistency, and technology |  why doing nothing is not an option   |  the key that unlocks client advisory services | new insights on emerging technologies and people issues

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nasa has noticed, and is climbing on board with a testing program,

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