Is Your Workflow Aligned With Your Unique Business Process?

stand out pencil

A critical step in maximizing output is minimizing wasted time. In CPA firms, wasted time is often found in excessive administrative tasks, personal preference items, and poor communication. Many firms have implemented workflow to ameliorate these issues, however, due to the nuances of their processes and software limitations, often times the full scope of the… Read More


Are Your Firm’s Values In Line With Your Clients?

26683165 - value target

What do our client’s value? This question is at the core of every lean initiative. The idea is if you eliminate waste in your processes, your services will be more aligned to what your client’s value. The Accounting profession is currently facing increasing pressure from clients on fees. If you become commoditized in the mind… Read More


Is Your Firm Billing Based On Time Or Value?

unlocking-the-power-of-value-based-pricing

  In some professions, charging by the hour is the most appropriate way to bill one’s clients, since his/her time is usually blocked off in hourly increments – i.e. tutors, athletic trainers, therapists.  The range of the hourly fee, however will vary greatly based upon location, expertise and experience of the provider. I think it is… Read More



Is Your Firm Future Ready?

future ready

In a recent article by Dustin Hostetler, CIO of Boomer Consulting, Inc., he outlines the 5 Process Improvement Strategy Trends of Future-Ready Firms. They are as follows: Process is a core strategic pillar of the firm The Digital Client Experience Openness to Automation and Growth Simplicality Partners get out of the way (if they’re in… Read More


Who Controls Your Firm’s Workflow?

Who's in control

Over the past five to ten years, firms have invested in automated workflow software. Unfortunately, most workflow applications do not allow you to accurately reflect your firm’s unique business processes. Your firm has to learn to fit into the box provided by the vendor, which does not adequately leverage your firm’s unique mixture of talent,… Read More


Is Your Firm In Need Of The Next Generation Of Workflow

While at the recent Rainmaker SuperConference, I took part in the “Audit Engagement Efficiencies and Industry Trends” session. It was a short, but to the point session that relied on the interaction of the audience. Not an easy task while in Nashville at 7:30am, the morning after the Predators tied up the fight for the… Read More


Lessons For CPAs From Bill Belichick

New York Jets v New Engalnd Patriots

“I’ll take responsibility for all the plays that are called. I have the final say on it. If I don’t want to run the play, then I can call it off – that’s my right as a head coach. Any of the bad ones, you can blame me for because ultimately I could change them… Read More


The Questions Every CPA Firm Must Answer

key questions

Tax season is over and now is the time to assess the performance of your firm and your team. Most firms develop a series of quantitative and qualitative measures to determine what worked and what changes need to be made. They ask important, fundamental questions like: Where can we gain efficiency? Where were the bottlenecks?… Read More


What Did You Learn From The 2016 Busy Season?

einstein

With tax season over, it is safe to say that CPAs everywhere have earned a much needed vacation. However, before officially closing the door on the 2016 season, take a moment to reflect on the following key questions: What went well and smoothly this season? What gave you the biggest headache and needs improvement? How… Read More