here’s what you’re looking for: stephen yoss

podcast

steve yoss, quick tech talk: a.i. automation tools for tax, accounting, and finance professionals

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quick tech talk
with steve yoss
cpe today

i’m a big proponent of artificial intelligence and automation. i think these tools are incredible for automating day-to-day tasks, making our lives simpler, faster, and easier, especially lower-value tasks that don’t need our time or focus on our resources.

click here for more steve yoss

in the hands of a professional who knows what they are looking at, these tools can do much of the pre-work and the pre-processing. however, it is up to us to ultimately know what we’re looking at to determine if the results are correct or incorrect. these tools can never assume responsibility or accountability for what they produce. in the same way, a self-driving car is not responsible for getting you from point a to point b; it is ultimately the person in the driver’s seat who assumes responsibility. as the financial professional, you’re in the driver’s seat, and you must ultimately be able to look at this information and interpret it for your client because they won’t trust the ai. they’re going to trust you. and so these tools can be incredibly helpful, but it’s up to you to know how to use them responsibly.

featured video

steve yoss, quick tech talk: the power in microsoft power bi for tax, accounting and finance professionals

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quick tech talk
with steve yoss
cpe today

microsoft power bi is an absolutely incredible tool for business intelligence. what is business intelligence? well, business intelligence is software that allows you to take information, process it automatically, and produce beautiful charts, graphs, maps, and other types of visualizations to help make that information meaningful. and power bi is the best of the best.

click here for more steve yoss

it’s wonderful for a couple of reasons. first and foremost, it leverages most of the functionality in advanced excel, including power query, data modeling, and more. many financial professionals already have some experience and knowledge and can use this incredible tool. second, it’s free for individual use, so it can be downloaded and used immediately without a large upfront investment. third, it is a software application on your computer, a web service that you can access on any internet browser and a mobile app while empowering the accountant to produce any type of information report and then let people consume it on the device of their choosing. traditional financial statements, like income statements and balance sheets, require readers to understand how to interpret them. power bi allows you to produce charts, graphs, dashboards, and more in the way the person who needs that information wants to receive it, and the existing limitations of financial statements do not bind you. you can make whatever you want helpful and meaningful to that audience. because again, ultimately, we want to help our clients, companies, staff, and ourselves make better decisions, and power bi is one of those incredible tools. that gets us one step closer.

podcast

steve yoss, quick tech talk: cloud computing, anywhere, everywhere, all at once

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quick tech talk
with steve yoss
cpe today

the cloud is probably one of the most meaningful technologies to have been invented and deployed. the easy, free exchange of information has never been better than it is today. cloud computing gives financial professionals the ability to make the world their workplace. you can do a bank reconciliation while standing in line waiting to check out at the grocery store. you could send a client invoice while on a road trip with your family; although you should probably be enjoying their company. the point is that you’re no longer limited to having to be in one physical geographic space.

click here for more steve yoss

if the system is online or on the internet, if the data is available, you can work anywhere. and that gives you the ability to have clients in any part of the world. it allows you to hire and have staff anywhere in the world. it allows you to grow your business in ways our forefathers could never have seen possible. it’s crazy to think just a couple of years ago, the only employment opportunities you might have had were within an hour’s drive of your home. now you can work anywhere, and anywhere can work for you.

podcast

steve yoss, quick tech talk: data integrity in a digital world

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quick tech talk
with steve yoss
cpe today

today, most companies leverage six to 12 main systems inside their companies, including operations such as accounting, inventory, hr, payroll, and more. that’s why it’s critical to have a digital source of truth or a central system that can be trusted to deliver accurate information

click here for more steve yoss

setting up your system correctly from the start is critical. most enterprise deployments fail 40% of the time, which is an incredible amount. ultimately, it comes from a lack of understanding of what an organization is trying to do, that problem that they’re trying to solve, and not properly setting up their systems and building them out effectively. don’t fall into that trap. by building good systems, you’re building good information, and you’re building integrity in your company.

 

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featured video

steve yoss, quick tech talks: when a.i. does the heavy lifting for tax, accounting and finance professionals

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quick tech talk
with steve yoss
cpe today

besides openai, microsoft, google, facebook and the others you know,there are a number of really interesting and useful niche ai applications that are popping up as well, says steve yoss in this quick tech talk.

click here for more steve yoss

these ai tools can leverage large language models, generative ai, machine learning, and more. they can do the heavy lifting for you. so you’re still in the position, in the driver’s seat of interpreting that information, making it useful and meaningful for your client. but you’ve got these robot workers that can do the heavy lifting for you to hopefully save you a bunch of time.

featured video

steve yoss, quick tech talk: automation for accountants

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quick tech talk
with steve yoss
cpe today

to stay relevant in this new era of a.i., accountants must find new, higher-value ways to engage with clients. “automation may take over lower-value tasks, but it’s up to us to evolve and focus on areas where we can add significant strategic value,” steve yoss says in the latest episode of quick tech talks.

click here for more steve yoss

“the existential risk of automation is a pressing issue for today’s financial professionals,” yoss says.

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featured video

steve yoss, quick tech talk: the jobs ai will replace – and those it won’t

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quick tech talk
with steve yoss
cpe today

a lot of work traditionally done by accountants doesn’t need to be done by us anymore. if firms still rely on accountants to perform many manual processes, they will find themselves doing work that doesn’t need to be done, and clients will be unwilling to pay for that work anymore.

click here for more steve yoss

something i often say is that artificial intelligence isn’t going to replace you. but it will replace people who don’t use artificial intelligence, automation, or contemporary and emerging technology. these are tools that are ultimately going to help you become more effective and efficient in your work. as a professional, there’s no extra credit for doing things the good old-fashioned way. there’s no value in doing it the hard way.

podcast

steve yoss, quick tech talk: ai, automation, and the pipeline

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quick tech talk
with steve yoss
cpe today

a major risk facing the profession, whether you’re in tax accounting, or you’re in general accounting, audit assurance government, or really any aspect of financial reporting and in work is the fact that, overall, the profession is shrinking. if we look at 2024, there are fewer accountants this year than last. and there’ll be fewer accountants next year than there are this year.

click here for more steve yoss

so many of our colleagues have had great careers but are aging out and retiring. unfortunately, not enough younger people are choosing to become financial professionals in any category, whether doing tax returns, general bookkeeping, assurance work, etc. tools like automation and ai are necessary to bridge the gap and continue to service our clients and organizations unless we can find a way to get more people engaged in the profession. we’re going to need to lean on technology to be able to bridge the gap and to be able to continue to get the same amount of work done.

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meet steve yoss: quick tech talk

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quick tech talk
with steve yoss
cpe today

my life is really kind of split right down the middle.

i spend about half my life writing, talking, teaching, and researching technology. i’ve published and written over a hundred courses for financial professionals on how to leverage and utilize technology effectively and efficiently in your personal lives and in your organizations. i really try to help find ways that you can use this tech to help you save time, to get more work done, to make your life easier, reduce your risk of data breaches and security issues, uh, and more.

click here for more steve yoss

outside of my work as a speaker and author, i also work as a software developer. i come from an accounting background with my father being a cpa and growing up in the profession. but my love and passion has always been with technology. i got my first computer when i was seven years old. it was an ibm 386 running dos, and it was an incredible time in my life. i fell in love from that very moment and created my life’s work of really trying to learn and utilize technology the best way i can.

and throughout my life, i’ve explored that countless times. now i work in the other half of my life as a software developer, leading a very talented team of developers and engineers to build software solutions – typically in the accounting space or enterprise resource planning space – for niche industries to help them find technology, to make their operations more effective and efficient. ultimately, everything i do has a common thread of tech and accounting.

it’s something i love to my very core, and i’m excited to share with you some of the things i’ve found that have worked for myself and for my clients, to, hopefully, give you the knowledge and wisdom to make good and effective decisions down the road for yourself, for your family, and for your organizations.