Sole practitioners in public practice are a unique breed. They are accountants, entrepreneurs, and managers all rolled into one. However, with this versatility comes significant challenges, especially when they look to grow their firms. Understanding these challenges...
Technology
Technology solutions for accounting and financial advisory firms
Services you offer affect your talent!
by Peter Towers | Mar 25, 2023 | Business Services, Technology
You may recall that, about nine months ago, CommBank Accounting Market Pulse reported that they had conducted a survey of 45 accounting firms. The result that really stood out was the comment that “the only limitation they face is the worsening talent shortage”. Many...
Join the accountants embracing technology
by Stan Corner | Mar 9, 2023 | Client Management, Technology
Small to medium-sized accounting firms have been quick to understand and embrace the value of automation through accounting apps over the last year. According to the Practice Protect 2022 Accounting Cloud Apps Report automation is growing fast as accountants...
Choosing the right option to send ATO correspondence to your clients
by Stan Corner | Jan 30, 2023 | Featured Articles, Practice Management, Technology
Emails, letters, phone calls, texts, client portals, dedicated mobile apps – there’s no shortage of communication options we navigate daily. Throw in personal client preferences and getting important correspondence to your clients, and it can easily become a...
The disturbing matter of workflow control
by Dale Crosby | Jan 12, 2023 | Business Services, Practice Management, Technology, Workflow Management
Leverage of resources has never been a more important issue for accounting and financial advisory firms. The leaders of firms recognise the importance of providing clients with a stronger strategic and advisory focus. However, without effective leverage of both...
Why accountants should pay attention to ChatGPT
by Rob Pillans | Dec 21, 2022 | Accounting Software, Business Services, Client Management, Technology
ChatGPT is an indicator of the massive impact artificial intelligence is going to have a on how knowledge workers and others work. In this article I explain what it is and why I believe we all need to pay attention. It’s a bit longer than usual but please go the...
Be a Proactive Firm by Managing ATO correspondence Effectively
by Stan Corner | Dec 12, 2022 | Practice Management, Professional Development, Technology
You’re a busy tax practice. This means you provide vital advice and compliance services. It also means you get a lot of ATO correspondence coming your way. While you’re busy doing the key work, ATO mail keeps coming. You can either bog down yourself or your...