Top strategy: Compare with peers. CPA Trendlines Exclusive The pace of change in technology is leaving accountants so dazed and confused that about half of all practitioners say merely “keeping up” is one of their biggest technology-related problems. Cost comes second. Accountants are so fed up with the staggering pace of developments that you couldn’t pay them enough to try a new software product “while drinking umbrella drinks on a beach at vendor expense,” according to Randy Johnston and Leslie Garrett, writing in the new Accounting Firm Operations and Technology Survey. They caution, however, that “If you dislike change, you’re going to dislike irrelevance even more.” The survey reveals the top tactics accountants are employing to stay up-to-date and make informed decisions […]
Topic: tech trends
Also: Save up to 26% on your hardware spending with four smart strategies. By Roman H. Kepczyk Quantum of Paperless Getting the right mix of mobility is critical for firms today. Today’s rule of thumb is that everyone who works out of the office one day or more per week should have a laptop as their only machine. Laptops should be scheduled for replacement every three years, whereas desktops are often functional for a fourth year. In firms that utilize workstations only as “dumb terminals” via tools such as Citrix, Windows Terminal Server and workstation virtualization (VDI) in the future, the functioning life of a desktop computer can be five or more years.
The new norm: 63% of firms now use three or more monitors per desk. By Roman H. Kepczyk Quantum of Paperless The best place to start a conversation on computer hardware is with monitors – the easiest place to see an immediate return on your IT investment. Your computer monitors are your windows into all digitally stored information and are the foundation for improving every aspect of firm production. Transitioning tax production processes from physical to digital requires that all input screens and source documents be simultaneously viewable in a convenient format, which today means more screens per workstation. 90% of accounting firms utilized dual monitors for the 2009 busy season. Today, 63% use more than two traditional monitors. – AAA 2013 Paperless Benchmarking […]
New tech breakthroughs fuel client expectations. By Hitendra Patil Pransform Addressing the question “Why Would Amazon Want to Sell a Mobile Phone?,” the Harvard Business Review says the basic principle behind any disruptive innovation is that the fundamental things people try to do in their lives actually change relatively slowly. The accounting profession has been witnessing a hammer and tongs message about disruptive technologies in the form of cloud-ifying practice management. Accounting and tax software long ago debuted on tablets and cell phones. And just when we start to think that nothing really new is coming into the technology market, we start getting hints toward the future. Here are three things that the Amazon Fire Phone can potentially tell the […]
Why you can’t afford to wait for the next big thing. By Frank Stitely, CPA, CVA Technology pundits love to pontificate in absolutes. “You have an absolute duty to protect your clients’ data.” So they advise taking a pass on new technology, such as mobile devices and the cloud, as being too risky. Their recommendation is to wait until tech security stabilizes, which is the same as their recommendation last year, which was the same as their… You get the picture. Faced with new technology, as CPAs, we must fear it. Or so we are told. But the pundits misunderstand the risk of the status quo.
Emerging trends and winning strategies in Quantum of Paperless: The Partner’s Guide to Accounting Firm Optimization…