{"id":110093,"date":"2023-04-09t11:55:24","date_gmt":"2023-04-09t15:55:24","guid":{"rendered":"\/\/www.g005e.com\/?p=110093"},"modified":"2024-08-07t23:09:28","modified_gmt":"2024-08-08t03:09:28","slug":"six-ways-cas-grows-revenue","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/04\/09\/six-ways-cas-grows-revenue\/","title":{"rendered":"six ways cas grows revenue"},"content":{"rendered":"
<\/a>bonus: results of a professionwide survey.<\/strong><\/p>\n by hitendra patil<\/i> the cloud makes it possible \u2013 no, it makes it inevitable \u2013 for smart business owners to focus on their core business and let professional accountants take care of accounting, including transactional work (to be done accurately).<\/p>\n more: <\/b>get sticky with cas<\/span><\/a> | <\/span>the why behind your cas why<\/span><\/a> | <\/span>who is the professional?<\/span><\/a> this new possibility gives rise to cas opportunities for accountants to work in collaboration with business owners in real time. i partnered with rick telberg, ceo of www.g005e.com, to launch a professionwide, much larger cas survey. the survey went on to become perhaps the largest such cas survey undertaken in the accounting profession.<\/p>\n it took us nearly three months to design the survey as we questioned each question that we put on the survey \u2013 to analyze which insights could come out from the answers of each question and whether those insights would be beneficial for the accounting firms and professionals. we took the survey to firms of all sizes, across the country, to firms offering different types of services \u2013 to make sure that the survey results would be highly representative of what is happening in the accounting profession\u2019s leap toward cas.<\/p>\n the cas survey summary<\/strong><\/p>\n the summary of survey results described here can give you only a glimpse of what are the underlying drivers of establishing and growing a successful cas practice.<\/p>\n respondent profile<\/strong><\/p>\n key findings<\/strong><\/p>\n some key insights that emerged from the survey:<\/p>\n we designed the survey to help analyze the impact of cas on firms\u2019<\/p>\n before we get to why firms can\u2019t miss out on cas, we need to know why business owners buy accounting software, even when their core business is not accounting.<\/p>\n in the years before the internet, accounting software was only desktop software. businesses used it to run their business processes \u2013 to issue checks, record income and for some other processes. business owners predominantly did transactions processing, leaving the financial accounting \u2013 and compliance \u2013 to professional accountants. more likely than not, business owners had no option but to get the transaction processing done themselves or by their staff, many times by those who had no accounting education. no wonder, then, that business owners sending \u201cmessy books\u201d to accountants was a common experience.<\/p>\n business owners had accountants come to their offices and do the \u201creal\u201d accounting. or they gave an \u201caccountant\u2019s copy\u201d of the software to their accountants \u2013 for \u201ccleaning up\u201d and \u201cmaking adjustments.\u201d it was not possible for business owners, their staff and the outside accountants to work together collaboratively in real-time, or even in near real-time, on the same accounting database, unless all of them were at the same office\/premises.<\/p>\n the result was inefficient, expensive, inaccurate, outdated accounting information \u2013 used mainly for compliance purposes, and only rarely for any timely business decision-making \u2013 and invariably, messy books. more importantly, business owners perceived that they could do what accountants do \u2013 and that perception commoditized the pricing\/fees for accounting services.<\/p>\n fortunately, the birth of the internet planted the seeds for the birth of the cloud.<\/p>\n the cloud enabled the accounting software to be used from anywhere, anytime. business owners, their staff and outside accountants could now use the same software at the same time.<\/p>\n desktop accounting software forced and constrained business owners to use it from their premises. unfortunately, even with cloud accounting software, business owners and their staff mostly continue to issue checks, create invoices, record income and so on. accountants can quickly take over all this work if clients are made aware of the benefits of doing so.<\/p>\n here are some of the critical factors that make cas a more significant opportunity for accountants, and for their clients, too:<\/p>\n bonus: results of a professionwide survey.<\/strong>
\nclient accounting services: the definitive success guide<\/i><\/a><\/p>\n
\nexclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n
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\ncas is one of the fastest-growing new revenue segments of many top 100 firms, but perhaps the even bigger cas opportunity is more relevant and more available to smaller accounting firms.<\/p>\nthe cas survey by cpatrendlines<\/h3>\n
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the why before \u201cwhy cas\u201d<\/h3>\n
why is cas a great new revenue growth opportunity?<\/h3>\n
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\nby hitendra patil<\/i>
\nclient accounting services: the definitive success guide<\/i><\/a><\/p>\n","protected":false},"author":1363,"featured_media":104690,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[3184,3058,3120,3002],"tags":[],"class_list":["post-110093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advisory","category-client-accounting-services","category-pro-member-exclusive","category-special"],"acf":[],"yoast_head":"\n