today's features

steve yoss: it’s time for a.i. to do the heavy lifting

the robots are here. put them to work.

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quick tech talk
with steve yoss
cpe today

there are so many incredible artificial intelligence (ai) tools out there. some of the leading companies in this space will be openai, microsoft, google, facebook, et.al. you know, the normal big technology firms. however, several really interesting and useful niche ai applications are popping up, many of which are inside the accounting space and other financial sectors.

click here for more steve yoss

now, these tools can be awesome because they can take tremendous quantities of data, process them in a meaningful way, almost in the blink of an eye, and give you the key insights you can use to know what’s happening inside your business. i like to say it helps you find hidden nuggets of wisdom, those little needles in the haystack that are not observable when you’re just looking at one or a week’s transaction. rather, we will see certain trends emerge when you look at potentially 1000s or even millions or more transactions. frankly, that’s not possible for a human to do. we can’t keep it all in our heads. but guess what, these ai tools can leverage large language models, generative ai, machine learning and more. they can do the heavy lifting for you. so you’re still in the driver’s seat interpreting that information, making it useful and meaningful for your client. but you’ve got these robot workers that can do the heavy lifting to save you a bunch of time.

accounting arc: what tech-savvy accountants know

redefining the accounting landscape.  


accounting arc 

with donny shimamoto and byron patrick
center for accounting transformation

integrating accounting and it expertise is becoming increasingly crucial in today’s rapidly evolving business landscape. in the latest episode of arc, hosts donny shimamoto, cpa, citp, cgma, and byron patrick, cpa, citp, cgma, explore the unique advantages of combining these two fields. 

more: accoounting arc: remote work from the coolest locations and its impact on modern professionals | accounting arc:breaking barriers – how becky dupree’s love for data analytics and her identity shaped her professional pathaccounting arc: forecasting finance & the 2034 accounting landscape | accounting arc: top 10 strategies for managing growth | accounting arc: busting the big 4 myth | accounting arc: exploring ai’s role in modern accounting | accounting arc: unraveling the collapse of silicon valley bank | on a mission: introducing accounting, reaction, comedy (arc) | harper & co. cpas: the perspective of a non-accountant is imperativemenlo innovations: improve office culture by overhauling internal reviews | dustin wheeler: for serious cas success, hire tech teams | chase birky: overcoming paralysis by analysis |

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their discussion highlights how professionals with dual expertise can navigate complex challenges, drive innovation, and achieve long-term success. read more →

four considerations when standardizing client tech stacks

how to make sense of their various channels.

by jody padar
radical pricing – by the radical cpa

clients use the client technology stack to run their day-to-day businesses. the stack they use depends on their niche or vertical. for example, law firms use clio, while e-commerce businesses rely on webgility, among others.

more: digitize clients for standardization | six steps to creating a standardized practice | value pricing requires defining your clients | stop selling time | three critical factors drive the value pricing trend | stop looking for talent that does not exist | advisory work must be priced by value, not hours
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the next tech layer is data aggregation. all the data feeds will land here, and you can determine what to do with and how to organize this information based on kpis or other metrics around which you’re building their business success.

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vimal bava: when working smarter, not harder, is the only option

humans are the most advanced supercomputers, but there’s no user manual.

this is a preview. the complete video episode, with commentary and transcript, is first available exclusively to pro members. 
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the disruptors
with liz farr

like many who start out in public accounting, vimal bava didn’t initially question the status quo of our high-stress profession where long hours and little time for self-care are the norm. part of that stress was a partner who would “chew us out” for mistakes on returns.

more podcasts and videos: dawn brolin says grow your firm by shrinking itjason blumer & julie shipp: move leaders out of client service | james graham: drop the billable hour and you’ll bill morekaren reyburn: fix your marketing and fix your business | giles pearson: fix the staffing crisis by swapping experience for education | jina etienne: practice fearless inclusionbill penczak: stop forcing smart people to do stupid worksandra wiley: staffing problem? check your culture | scott scarano: first, grow people. then firm growth can follow |

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but when vimal’s doctor told him he needed to find ways to reduce his stress, he started his own firm. another wake-up call for vimal came in 2017 when one of his accountant friends suddenly passed away.

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stop waiting for business to come to you

hand using key to unlock door

a proactive approach is where many fall short.

by martin bissett
business development on a budget

have you noticed all of those titles in the local bookstore or at the airport offering us the “key” to this and the “key” to that, the “six keys” to one thing, and the “four keys” to another?

more: are you projecting confidence? | five questions to help forecast your firm growth | do you deliver on your website’s promises? | five questions about facing challenges | be clear about your roi proposition | it’s time to prepare the next generation | who are you more committed to, your firm or your clients? | nine checkpoints before every prospect meeting | three questions about conversion | six keys to turning prospects into clients | don’t overlook internal communication | four reasons people struggle with communication | why firm culture matters for partners
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it also seems that every book is a “game-changer” now, to the point where it is difficult to understand what the game is anymore, never mind how to play it.
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