survey: the risks of subscription-based software

businessman working on laptop with binary code in the backgroundplus 7 key findings on saas, remote access and more.

by randolph p. johnston, leslie garrett and brian f. tankersley
the accounting firm operations and technology survey

while subscription-based software has significant advantages, it also has some significant risks that need to be considered, including contingency planning, data backup, and data extraction and export when ending the relationship.

more from the survey: ins and outs of email, document storage | cloud software improves financial reporting | accountants quit trying to manage it themselves | how top tech vendors are failing cpas in the cloud | master change, master the future
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

firms should have a clear plan for how they will operate if the cloud service is down for a day or more, including having enough data offline to permit manual preparation of payroll, invoices and other time-sensitive transactions.
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survey: the new software scramble

server rack floating on a cloudfirms switching programs more often than ever. but is that a good thing?

sample finding: the number of firms subscribing to office 365 is increasing 20% a year.

by randolph p. johnston and leslie garrett
the accounting firm operations and technology survey

we are seeing a high level of dissatisfaction among most firms with their software, and more firms have been changing software in the last three years than all of the switching we have seen in the previous three decades combined.

more from the survey: operating system updates cause headaches | accounting firms add new service lines | why every cpa firm is a tech company at heart
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we are concerned that many firms are signing long-term contracts for desktop solutions at the same time that some software is migrating to being hosted online.
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make the cloud work for you

staircase of 10 steps10 steps (and you don’t have to take them all at once).

by jody padar

once you decide on what cloud software you want to use, here are the ten steps you need to make the transition:

more on radicalism: the cloud is your starting point | why transparency matters in the ‘new firm’ | 10 questions to prepare for radical change | radical firms embrace 4 values | radical or complacent? you choose | 3 questions to ask if you dare

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step 1: adopt for your own practice. choose an online software you’d like to try and input your financials. it’s the easiest move to make, and you’ll learn a lot during the process. you’re the most intimate with your own financials, so start there.

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6 ways the cloud helps cpa firms

woman ascending staircase into cloudsbonus: 7 specific tools.

by jody padar

we’ve said the backups and the intangibles outweigh the little annoyances. but what specifically will you gain from moving to the cloud?

more on radicalism: the cloud is your starting point | 5 ways to capitalize on trends | embrace disruption | who’s your competition? everyone | radical or complacent? you choose

1. it will help you go paperless. the cloud has helped me rethink my entire document management system and my firm is now 100 percent paperless. the problem with document management systems today is that they’re very static for working in a fluid environment. i have yet to find a technology that addresses this issue to my liking.
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linkedin launches accountant-for-hire service

linkin profinder listing
linkin profinder listing

new buying service promises accountants projects and ongoing assignments.

by hitendra patil
pransform

the shared economy, contingent workforce, millennials’ preference for work-life balance, the cloud, artificial intelligence, big data. everything is converging to disrupt traditional business models of many industries and professions.

and accounting is not immune to disruption. on the contrary, accounting is ripe for disruption. note carefully. it is all only “disruptive.” not “destructive.”

riding the new reality, the undisputed leader of business social media – linkedin – is now leveraging its platform to help shared economy workers get new clients.

meet profinder: accountant’s new opportunity  (and a new threat?)

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the radical cpa and veltig   join forces to launch sage live 

padar
padar

jody padar and donal de paor to announce strategic alliance at the salesforce world tour in chicago, march 24 

chicago – jody padar, cpa, mst, principal of new vision cpa group and author of the radical cpa: new rules for the future-ready firm, published by 卡塔尔世界杯常规比赛时间, is partnering with donal de paor and the team at veltig, a salesforce solution consulting and implementation partner to support sage live in the market.

the kick off will takes place march 24, during the salesforce world tour at hyatt mccormick place in chicago. both will be speaking on a panel entitled, “the top challenges with business growth.” the panel will take place at 4pm cst and will be moderated by jennifer warawa, vp product marketing, sage live.

sage live is a cloud-based accounting solution built on the salesforce1 platform designed to break down virtual walls between back-and front-office it systems. an integrated accounting platform that provides one real-time source of information, sage live provides business owners a single view of customer, finance, payroll and accounting data in one place, rather than being stored and managed in separate front- and back-office systems.

with the addition of the salesforce data the business owner will have access to deep analytic and reporting tools, live feeds, prospective forecasts, and other in the moment business intelligence.

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radical firms embrace 4 values

core values against open door at top of stairs in the skythese 4 keys come down to meeting needs.

by jody padar
the radical cpa

people often ask me: what makes a firm a “new firm”? there are four fundamental tenets.

more on radicalism: radical or complacent? you choose | customer viewpoint: creating a journey map | who, me a consultant? | how spiritual value affects pricing | keep scope creep and seep from hurting bottom line | get radical about pricing | how social media transforms firms to their core | radical tenet #1: embrace the cloud | being radical is all about your customer

these four tenets, although adopted dif­ferently within each firm, compromise a new set of values that most of the “movement” firms embrace. ready? here we go:
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soloists, small firms must take software seriously

johnston, garrett, tankersley
johnston, garrett, tankersley

subscriptions and the cloud may not work for everyone. but proper licensing does.

by randolph p. johnston, leslie garrett, and brian f. tankersley
the accounting firm operations and technology survey

software is the reason that firms make investments in computer hardware, yet many firms seem to avoid upgrades until they are forced to make a change. for example, when asked to identify their preferred word processing application,

  • more than 50 percent of respondents in both groups are using a version of the software that is over five years old (e.g. office 2010 or earlier), and
  • a significant number of solo practitioners are using word 2007, which is eight years old as of june 2015.

related: soloists, small firms need tech update plans | soloists, small firms cite tech challenges | an it department of 1? soloists, small firms relate

while we do not think that practitioners should jump the newest version of a product immediately, we also do not think they should be more than two releases behind the current version of their applications for an extended period of time.

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accountants worldwide report business challenges

chart about nations' business risk aversion

everyone wants their government to get out of the way.

while u.s. accountants certainly rank high in entrepreneurial spirit, with 49 percent calling themselves risk-seeking in the sage accounting index, they were tied by brazil and edged out slightly by their canadian counterparts at 50 percent, with the spanish topping everyone at 58 percent. the four countries also ranked lowest in risk aversion from 27 to 31 percent.

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