By Hitendra Patil
Accountaneur: The Entrepreneurial Accountant
“We do not have the staffing for client accounting services.”
Non-CAS firms cite this as the topmost reason for not being able to offer CAS. Nothing could be further from the truth.
MORE: Technology and Your CAS Clients | Will 2021 Be Your Cash-Flow Year? | Identifying the Right Clients for CAS | CAS Is, First, a Communication Challenge | Which of Your Existing Clients Are CAS-fit? | Client Accounting Services: The Definitive Guide
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Experience of firms that offer CAS, including that of small firms with fewer than five staff members, proves beyond doubt that you do not need more staff to start offering CAS. Even solo practitioners provide CAS. The only thing you need to begin your CAS journey is to be ruthless, relentless and fearless to leverage newer and cloud technologies. Automation, integration and even artificial intelligence make it easier, faster and cheaper to perform some repetitive, time-consuming work of accounting firms.