by Steven Templeton | Jun 26, 2019 | Blog
A data-driven approach to business decisions is key to accounting firm profitability and growth. And that makes tracking, crunching and integrating numbers across disparate firm functions mission-critical. But the tools available to accounting firms haven’t yet caught...
by PracticePro 365 | Jun 4, 2019 | Blog
Accounting firms are transforming. The days of individual CPAs running their own fiefdoms under a single brand are gone. Over the past decade, visionary CPA firms have adopted a top-down approach to governance that mirrors the traditional corporate management style....
by Steven Templeton | May 15, 2019 | Blog
The accounting profession is undergoing rapid change, but many of its greatest challenges are issues that firms have been wrestling with for years — among them, fragmented software solutions that do more to obscure the state of the firm than illuminate it. This year’s...
by Steven Templeton | Apr 18, 2019 | Blog
How much money did you leave on the table last year? Based on industry averages, it was probably as much as 20% of gross fees. Maybe it was higher this busy season, since this was the first tax season after the full implementation of the most significant tax reform in...
by Steven Templeton | Apr 11, 2019 | Blog
Chances are, you have a pretty good idea of how much revenue your firm generates from tax, audit and consulting. But do you know how profitable each service line is? Can you identify the partners who run the most profitable engagements? What about industry-level...
by Steven Templeton | Apr 1, 2019 | Blog, Uncategorized
Utilization is like your firm’s fuel efficiency gauge; it gives insight into how your firm’s resources are being used. But when you don’t have real-time reporting on firm management metrics, utilization can be tricky to gauge. You know that your people are busy — at...
