4 min read

4 Ways to Combat Slow Growth in your CAS Practice

By Michelle Voyer, CPA, MBA on 11/23/20 9:00 AM

We know all of the stats about how Client Accounting Services (CAS) practices are the fastest-growing service lines in accounting. A CAS practice's average growth rate is 12-15% per year, but what if your firms' CAS practice isn't performing to expectations? If your existing CAS practice isn't measuring up to industry benchmarks, it's time to dig into the factors affecting its growth. Start simple - go back to basics and assess the business plan. Don't take anything for granted; question each of the underlying assumptions the firm made during the planning process.

Topics: Growth Client Accounting Advisory Services Outsourcing Cloud Technology Client Services
3 min read

Emerging Trends in Workflow Technology

By Jairam Padmanabhan on 11/16/20 9:00 AM

You’ve no doubt heard it – COVID-19 has accelerated the adoption of cloud technologies and work from home by at least five years. But what does that actually mean?

Topics: Technology API Cloud Technology
2 min read

Skills Needed for Building an Effective CAAS Team

By Roman Kepczyk, CPA, CITP, PAFM on 10/13/20 9:00 AM

With information technology eliminating most geographic boundaries, generalist firms will find it increasingly harder to compete with niche specialists who have differentiated themselves with more expertise and process efficiency, particularly those targeting CAAS (Client Accounting and Advisory Services). Firms will find that there are different skills required to optimize the delivery of advisory services including not only technical and consulting skills but also project management and marketing skills, which requires a team approach.  Does your firm have all the necessary skills covered?

Topics: Growth Industry Client Accounting Advisory Services Cloud Technology Public Accounting
2 min read

Every Successful Business Needs Workflow and Productivity Enablement

By Hillarie Diaz, CPA on 8/3/20 9:00 AM

Every day, the speed of change increases. More and more, organizations are rapidly reaching the point where there are too many competing priorities to effectively track using outdated business processes. Many of these organizations are investing in workflow technologies and productivity enablement solutions, capitalizing on the efficiencies that come from automation and optimization. The risk of not investing (RONI) is huge. Those organizations choosing not to invest place themselves in a position of competitive disadvantage, for no other reason than falling behind their industry’s technology curve.

Topics: Technology Growth The Process Workflow & Productivity Enablement Productivity Enablement Cloud Technology Future Forward
4 min read

Building a Roadmap for the Future: Preparing to Face a Post-Pandemic Landscape

By Mike Sabbatis on 5/21/20 9:00 AM

We want to make the right decisions and not waste more time and resources. It may seem safer to take a wait and see approach, but is that really a less risky strategy? 

Topics: Technology Growth Cloud Technology Future Forward COVID-19
2 min read

We All Need Open APIs to Succeed in the Cloud

By Jairam Padmanabhan on 2/17/20 9:00 AM

How many APIs currently assist you in day-to-day business processes? Can you name one? Would it surprise you to know that they are an integral part of many of your organization’s everyday activities? As software in the cloud continues to grow, and organizations demand best in breed technology, APIs are becoming ever more relevant to daily business functions and pivotal to an organization’s success.

Topics: Technology API Productivity Enablement Cloud Technology Future Forward