Two CPA firms decide to merge or a larger one acquires a small one. From this transaction a single firm is born, poised for growth and success. It’s as simple as 1 + 1 = 1. That’s the way the math should work in a CPA firm merger. The reality is the path to a …
CPA Firm Merger Math: How Two Firms Effectively Become One Read More »
Historically, there have been two approaches to choosing technology for an accounting firm: turnkey or “best of breed.” For a while, many firms were taking the turnkey approach, in which they buy most or all of their technology from one solution provider. That strategy has fallen out of favor in recent years as many firms …
The Importance of Evolving Technology for CPA Firms Read More »
Workflow helps us streamline our business processes by automating the routing and approval of documents. It works great if all the steps are sequential and relationships are 1:1. However, if the 1:1 relationship is broken – for example when financial statements need a second review – linear workflow cannot help. Amelio does it better with …
Why The Time Has Come to Improve Your Firms’ Business Process Management Read More »
CPA firms tend to be a cautious when it comes to technology – with good reason. Mistakes, even small ones, can create client issues or potential compliance problems. One technology issue other industries have been working on – and solving – for years is becoming increasingly important in the Accounting Industry: application integration. Our technical …
Many firms often use the terms Workflow and Business Process Management interchangeably. But are they? If you were to look at Wikipedia, Business Process Management (BPM) is described as “a discipline in operations management in which people use various methods to discover, model, analyze, measure, improve, optimize, and automate business processes. BPM focuses on improving …
Is Business Process Management The Same As Workflow? Read More »
