how much cas profit per person?

survey reveals the top four pricing strategies.
price and value balanced on scale above a tablet computer

by hitendra patil
the definitive success guide to client accounting services

pricing your services correctly to ensure reasonable profitability is a significant decision you will make in your client accounting services practice.

more: five reasons the top 100 loves cas | look backward for your cas processes | make sure your differentiation is truly different | is it time to outsource?
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our survey results revealed how cas firms price their cas offering:

  • the topmost method of pricing cas offering was fixed/flat fee, which 41 percent of the respondents used.
  • the following most common pricing method was a mixed method of pricing (a mix of hourly, fixed, and value pricing), charged by 36 percent.
  • hourly billing was used by 33 percent.
  • about 28 percent used value pricing.

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five reasons the top 100 loves cas

client accounting services surpasses attest as the hottest menu item.

by hitendra patil
client accounting services: the definitive success guide

cas is the new no. 1. for the first time ever, top 100 firms see client accounting services as the no. 1 growth driver

“niche services fueled growth for the 2022 top 100 firms, with client accounting services/business process outsourcing the most commonly reported area of expansion over the last year for the 83 responding t100 firms,” according to accounting today in releasing the much-followed list of the nation’s top-grossing tax and accounting firms.

“cas/bpo shot up nine percentage points to attain the no. 1 position for the first time ever, with 84% of the t100 experiencing increased demand, continuing its rapid upward trend in reported growth over the last few years,” says accounting today.

why and how has cas become the #1 growth driver for the top firms in the country? let’s take a closer look.

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engagement letters require what and when

woman holding paper at deskit’s no less true for cas than for anything else.

by hitendra patil
client accounting services: the definitive success guide

“people think of us (accountants) as the compliance agents – the necessary evil.”

more: look backward for your cas processes | make sure your differentiation is truly different | two tech approaches to cas | show your priciest cas package first | how cas drives virtual cfo billings | the roi on identifying clients for cas
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this sentence haunts me even today, after hearing it nearly 15 years ago from a multi-award-winning, highly experienced cpa.

perception!
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look backward for your cas processes

process touch screen showing workflow designsmart design will save you time.

by hitendra patil
client accounting services: the definitive success guide

we have examined how you can enhance your firm’s internal processes and what factors influence those processes. in this post, we will focus more on cas-specific processes that can give you competitive advantages. however, this post is not about the technicalities of accounting processes. as a professional accountant, you already know the accounting fundamentals required to create your processes for each of the segments of the services you provide.

more: make sure your differentiation is truly different | is it time to outsource? | your firm’s cas team: who and how many | two tech approaches to cas | when to start building your cas tech stack | stop derailing cas | show your priciest cas package first | your firm needs a cas champion
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

are client accounting services processes different than what you have been doing until now? yes, and no.
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make sure your differentiation is truly different

your firm’s processes can set you apart.

by hitendra patil
the definitive success guide to client accounting services

if you were to define in three sentences how your firm is different, what would those three sentences be? write them down.

more: is it time to outsource? | your firm’s cas team: who and how many | two tech approaches to cas | when to start building your cas tech stack | stop derailing cas | show your priciest cas package first | your firm needs a cas champion
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

read those the next day and judge for yourself if your competitors can say the exact same three sentences to differentiate their firms. if yes, you will see why this is a significant challenge for your firm’s growth aspirations.
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is it time to outsource?

four businessmen standing on world maptwelve signs to watch for.

by hitendra patil
client accounting services: the definitive success guide

when you are the key person to make things happen at your firm, you want to invest as much time in “business development” (not just marketing and sales) as humanly possible. your firm’s growth will make you feel that producing and delivering your services is an essential core business function for you, but some of it is not.

more: your firm’s cas team: who and how many | two tech approaches to cas | show your priciest cas package first | how cas drives virtual cfo billings | the roi on identifying clients for cas
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

freeing up yourself to spend more time focusing on the things that add value to your practice and help set it apart from the competition is the most essential differentiating growth strategy you will ever deploy. the same principle applies to your experienced, talented staff.
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your firm’s cas team: who and how many

you may need to boost their human skillsets.

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: two tech approaches to cas | when to start building your cas tech stack | your firm needs a cas champion | your top six cas questions
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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.
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