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Aside from the accounting firm’s staff, technology likely represents the area where a firm has made its biggest investments over the years, so it makes sense that technology considerations should be included in discussions about possible mergers or acquisitions. Whitman, CPA, president and CEO of Whitman Business Advisors LLC.
A major concern surrounding technology expenditures is whether the investments will generate a return for the accounting practice. However, identifying the return on investment begins with ascertaining which everyday challenges can be addressed with technology. The end result?
Marr’s views echo those of other accounting and advisory thought leaders who recommend using technology solutions to handle routine tasks in order to free up time for helping business owners solve more complex, big-picture challenges.
For valuation professionals looking to grow their practices, technology plays a critical role. Technology also plays an important role in standardizing systems and best practices across the firm. Technology bolsters collaboration and communication among team members. Finally, technology is important to your firm’s reputation.
And more is being asked of data scientists as companies look to implement artificial intelligence (AI) and machine learning technologies into key operations. Read the ebook to get more information about staying up to speed with the latest technologies in a rapidly evolving AI environment.
"What I enjoy most is helping our customers thrive in this rapidly changing world and helping them realize their vision in a way that simplifies the adoption of new technology — capabilities that can unleash their innovation in the digital economy," said Craig Muzilla, senior vice president of Red Hat. Resilience in the Digital Economy.
The same holds true for CPAs and business advisors trying to create a thriving practice without proper technology or staffing. Sageworks recently published an eBook that provides CPAs and business advisors with a roadmap for selecting technology that will help their firms thrive.
Cloud payments processor Volante Technologies announced on Thursday (Nov. After announcing the August funding round, Volante elaborated its goals to expand its cloud technology services, calling it the “single most important technological solution for business continuity,” in a contribution to a recent PYMNTS eBook.
Despite a decade of eReaders and eBooks, many people still prefer printed books, according to Deloitte and other researchers. "I Sageworks launched the eBook version of Next-Level Accountants earlier this year to help firms create more value for their clients and increase profitability.
Download ZoomInfo’s latest eBook to learn about the three most common mistakes organizations make while executing an ABM program, including: Poor account selection process. Wasteful technology and service spending. Inadequate contact inventory within universe.
PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Use of technology in retail is no longer a trend, evidenced by a proliferation of solutions in 2016. Download the eBook.
The company, which provides education and resources for suppliers, recently released a new eBook to guide vendors on how to take advantage of Same Day ACH technology. But being able to accept this type of payment, Receivable Savvy warned, takes deliberate understanding of the technology.
Additionally, the guide includes an overview of technology that helps create and accelerate cash flow, from smartphone-enabled credit card readers to business intelligence software. The eBook concludes with a one-page practice aid that briefly summarizes and includes quick tips on how to “Avoid Cash Flow Catastrophes.”
Last year was the year of artificial intelligence (AI), declared Brighterion CEO Dr. Akli Adjaoute for PYMNTS’ 2018 year-end eBook. The technology is proliferating financial markets, particularly for some of the world’s largest financial institutions in need of enhanced compliance solutions. Turning Interest Into Adoption.
Forward thinking sales leaders are starting to prioritize technology initiatives. Using ZoomInfo’s exclusive research, third-party studies, and analyst briefs, this eBook aims to help B2B sales leaders better understand: Different ways prospecting solutions maximize sales productivity and effectiveness.
The technology will analyze wasted time and provide solutions for time management moving forward. 63% of managers believe the pace of technological change in their firms is too slow. While automation can bring challenges, it is crucial to stay up-to-date with the current technological developments. Promote a culture of rewards.
With so much changing, don’t get caught flat-footed thanks to legacy technology and static dashboards that don’t grow along with you. Read this eBook to learn more. Stratifyd for CX and Voice of the Customer is designed for the business you have today and the changes of tomorrow.
In addition, without cultivating relationships with the “right” client, accounting firms are apt to be replaced eventually by competitors – or perhaps even technology. “As Hylan believes firms that do this can replace the work that might be lost because of technology or might be sacrificed in letting go of the “C” clients.
More than a third cited lack of driver education, for example, as a barrier to heightened fraud detection – 61 percent of fleet managers told Shell they are familiar with the latest fraud technologies, but just 30 percent of fleet drivers said the same. Fraud detection and mitigation are essential to an enhanced customer relationship.
However, investing in new technology isn’t always easy, and commonly, it’s difficult to show the ROI of data quality efforts. Download this eBook and gain an understanding of the impact of data management on your company’s ROI.
The recent Accounting Firm Operations and Technology Survey (AFOT), available as a PDF eBook at CPA Trendlines , produced by Randolph P. These small firms average less than 10 employees and revenue values below $600,000. With this designation comes good news. Coming as no surprise, the data shows 92.2
Glancing through the digital pages of the PYMNTS eBook, a few themes emerge. Merchants will be turning on their near-field communication technologies, and accepting tap-and-pay at the terminal. However, looking out a year gives a glimpse of the trends in place, and the ripple effects that translate into seismic currents and sea change.
That’s especially true in payments, where technology can lead to seismic shifts in the way we pay, where we pay and even when we pay, as commerce becomes ever global and a 24/7 activity. Underpinning it all, according to our seers, is, of course, technology. Regardless of the source, the sentiment rings true.
As technology continues to evolve, it is difficult for every team member to keep up. Before implementing strategies to overhaul the standing of your firm’s employees’ technological competency, gauge their current understanding. The below strategies will guide a firm’s development of well-informed, proficient employees.
Their problems and needs don’t change, but the technology and solutions do. In our AI in Manufacturing eBook, you can learn how to solve your most urgent manufacturing and business needs with an enterprise AI platform. Get this eBook to learn about: Achieving ROI with AI and delivering valuable results with urgency.
The Tale of Two Wallets eBook is the culmination of their research and sheds light on why mobile wallets have yet to gain enough traction to actually replace traditional wallets. Many already have their phones on hand, making transactions easily accessible and very convenient,” the eBook stated.
While these now ubiquitous technologies are used by practically everyone across the industry and beyond, there still is evolving to do in the financial industry. As these technologies penetrate the financial landscape, collaboration between financial firms, large and small, have never been more prevalent.
The following piece was written by Rob Eleveld, CEO of Whitepages Pro , as a contribution to our 2018 year-end eBook. . The solution to this complexity is cutting-edge technology that can keep pace with modern transformation: machine learning. Payments 2018 was a year of accelerated disruption.
A chief benefit of technology is that it enables accountants and other business advisors to do more work in less time. However, as author/speaker/consultant and “futurist” Daniel Burrus has noted, a negative byproduct for service professionals utilizing time-based billing is that technology can lead to reduced income.
Financial institutions continue to look to quantify the impact of new technologies. Meanwhile, business lending technologies have grown more popular in the industry. However, understanding the impact of said technologies means understanding how to increase your revenue while decreasing your costs.
PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Emerging Technologies Are Finding New Ground In Payments, Facilitating New Commerce Paradigms. We’ve Got The Technology. Where’s The Value?
Utilizing technology is one way to reduce the amount of time it takes to produce a valuation. Technology that streamlines workflow and scales existing processes enables firms to realize more profit from each fee for services. enterprises that are technology leaders produce faster revenue growth than technology laggards.
Glenn Fodor, SVP and head of First Data Insights, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. The stores employ proprietary technology that tracks what shoppers pick up from shelves and automatically charges them when they walk out of the store.
Gerhard Oosthuizen, CTO of Entersekt , contributed the following piece as part of PYMNTS’ 2018 year-end eBook. How can you compare payment rails with a technology that plays no role in moving money? A technology that, on its own, does nothing to help consumers perform a task or overcome a hurdle. Return to the Customer.
This eBook will answer all your questions and more by providing a complete overview of Conversation Intelligence and its importance in Revenue organizations, delivering impact from your Sales Development Representatives all the way to the C-Suite. In this eBook, we’ll cover: The history of Conversation Intelligence.
As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.
Seek Automated Help When determining the strategies to implement for your firm’s cash flow management, it is crucial to consider the benefits that new technology could have on improving your management process. When your firm began and cash flow processes were implemented, today’s efficient and effective technology likely did not exist.
Akli Adjaoute, CEO of Brighterion , wrote this AI-focused piece as part of our 2018 year-end eBook. . As historical data related to money laundering is scarce and unreliable, it is vital to utilize unsupervised learning technologies, which have the ability to gain insight from data without any prior knowledge of what to look for.
billion | Total spending on blockchain technologies by 2021, according to International Data Corporation figures. for PYMNTS’ 2018 Forecast eBook. Peruse the eBook to find out what 2018 will be, particularly if 2017 was the year of industry disruption. percent from 2016 to 2021.
This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences. What types of digital technology should you employ to meet the needs of each generation? This includes: What happens when your products do not properly address each generational audience?
PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Download the eBook. Payments 2016: The Year Of Online And In-Store Convergence Via Mobile.
Carleigh Jaques, SVP, global head of merchant digital products at Visa , contributed the following piece as part of PYMNTS’ 2018 year-end eBook. As technologies transform commerce, consumers expect greater flexibility, responsive functionality and more control at the point of sale. Mobile-Enabled, Mobile-First, Mobile-Only.
Accountants looking for another reason to justify technology investments in their firms should consider this: The firm’s next generation of business clients are likely to require accounting services that are all or mostly digital. This leaves accountants with more capacity to respond in a timely manner and provide customized services.
We have prepared a free ebook that contains brainstorming questions to help you better understand total experience. The bank’s technology seemed to make their people an impediment. You can download it HERE. What Can Go Wrong with Just Focusing on the Customer Experience. The Importance of Service Design in Total Experience.
This eBook offers strategies for connecting with your customers in a changing digital landscape. From improving customer relationships and tips to getting started with new technology from blockchain to NFTs, we’ll help you understand how to turn customer data into smarter action.
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