today's features

streamline your operations with systems and processes

woman drawing flowchart on a blackboard

onboarding, process mapping and more.

by jackie meyer

systems and processes are the unsung heroes of any successful business. they bring order to chaos, ensure consistency and free up your time to focus on high-value activities.

more: craft tiered service packages for maximum impact | master the roi method: price for value, not time | from compliance to advisory: shifting the value proposition | niche down to scale up | how to define your vision | how i became an accidental entrepreneur | build a seven-figure firm in four hours a week
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why systems and processes matter

 

first, you must build the foundation for a thriving advisory practice, define your vision, identify your ideal client, implement value-based pricing with the roi method, and explore the power of tiered service packages. then, you can focus on the backbone of a scalable practice: systems and processes.

without well-defined systems, even the best strategies will struggle to deliver consistent results and allow you the time freedom you crave.

here’s why they’re crucial for your advisory practice: read more →

bissett bullet: don’t be different, be superior

today’s bissett bullet: “it’s good to be different and to stand out from the competition, especially in the age of social media, but differentiation in isolation can produce the wrong outputs.”

by martin bissett

being different isn’t about having a quirky website and it’s not about offering some strange experience when you arrive at the office. it’s about being different in a positive way, making a positive difference.

by and large, most accountants can competently deliver compliance. i often hear business owners say that they weren’t offered anything by the accountant and instead, they just auditioned for what they can’t get from their current accountant. that is because the conversation never moved away from compliance.

arriving at that meeting genuinely wanting to understand what the business owners are experiencing, the challenges they face and how you can solve those challenges for them will enable you to offer them something more. this makes you superior to their current accountant at that moment in time.

today’s to-do:

have you lost sight of this in your efforts to differentiate yourself? if you spent your last prospect meeting initiating conversations about compliance then you’re not there yet. in your next meeting, make a conscious effort to adopt a different approach.

see more bissett bullets here

read more →

how to save $15.16 on every invoice

ross-tennenbaum-president-at-avalara-2025
tennenbaum

typical u.s. business could cut $1.1 billion in billing costs.

by 卡塔尔世界杯常规比赛时间 research

widespread adoption of e-invoicing across six major economies could generate $616 billion in annual economic gains, according to new research.

more tech and fintech | more avalara: experts call for industry overhaul | new survey of 600+ main street accountants reveals steep drop in optimism for smb clients

u.s. businesses save $15.16 per invoice, totaling $1.1 million in annual productivity per firm. the united states alone could net $116 billion, with small and midsize firms capturing $97 billion, or 83 percent, of that value, says the avalara and the centre for economics and business research study.

“e-invoicing isn’t just a compliance solution, it’s a growth engine,” says ross tennenbaum, avalara president.

read more →

what career advice gets wrong for gen z—and how to fix it | arc

today’s students want more than titles. here’s how to respond.

sponsored by 卡塔尔世界杯常规比赛时间 pro membership. get more. go pro.  – see today’s special offer

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accounting arc
with arpan grewal and harshita multani
center for accounting transformation

accounting arc: student-led conversations isn’t just another student podcast—it’s a cross-generational wake-up call.

in this episode, business students arpan grewal and harshita multani, both interns for the center for accounting transformation, lead a powerful dialogue with texlin usher quinney, cpa, pmp, ph.d., and byron patrick, cpa.citp, cgma. their topic? the flawed premise of “finding your passion.”

more accounting arc: your identity is not a liabilitywhat happens in vegas… gets reported on a tax returnburnout, be gone: accounting needs a boundary breakthroughthe ultimate business hack you’re probably ignoringresilience, real talk, and the road to mental wellnessblockchain could still reshape accountingwhat gen z wants from business | firm differentiation depends upon client service |

“my daughter thought her first job out of college had to be her passion,” explains patrick, ceo of verifyiq and co-founder and educator for tb academy. “but passion isn’t a one-time decision—it’s an evolution.”
read more →

xero buys melio for $3 billion in race for ‘the active gl’

cornerstone report: the new ai-powered war for the general ledger super-app

by rick telberg
卡塔尔世界杯常规比赛时间 research
cornerstone report

xero is betting up to $3 billion that the future of accounting is more than recordkeeping.

the new zealand-based cloud accounting firm is making its largest-ever acquisition: new york and tel aviv-based payments platform melio. the all-cash deal, valued at $2.5 billion with a potential $500 million earn-out, aims to supercharge xero’s push into the u.s. market by embedding b2b bill pay directly into its general ledger software. xero is raising $1.23 billion in equity to help fund the acquisition.

more tech and fintech | more cornerstone reports, in-depth data-driven analysis and commentary

by acquiring melio, xero is accelerating a profound evolution in the general ledger’s role—from static bookkeeper to real-time financial operator. for accounting firms and their small business clients, the shift could mean fewer keystrokes, faster closes, and new frontiers for advisory services. routine work—from data entry to expense classification—is increasingly automated. this frees up time but also demands new skills.

read more →