{"id":51878,"date":"2017-04-01t15:16:10","date_gmt":"2017-04-01t19:16:10","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=51878"},"modified":"2017-05-12t10:02:20","modified_gmt":"2017-05-12t14:02:20","slug":"survey-offshoring-rise","status":"publish","type":"post","link":"\/\/www.g005e.com\/2017\/04\/01\/survey-offshoring-rise\/","title":{"rendered":"survey: offshoring on the rise"},"content":{"rendered":"
\"\"<\/a>
join chris when he presents: “how to turn your goodwill into cash.”<\/strong> retire gracefully, but get properly paid for what you have accomplished. multiples and valuation, and what\u2019s critical to making a transition successful, including selling, buying or transitioning. learn more<\/a><\/span><\/figcaption><\/figure>\n

clients demand real-time accounting.<\/strong><\/p>\n

by chris frederiksen<\/em><\/p>\n

it’s been was another good year for accountants, with demand for services continuing to outrun supply, thus allowing for price increases.<\/p>\n

firms continue to struggle with the issue of finding enough \u201cgood\u201d people to get the work done, so we observed two simultaneous trends.<\/p>\n

one was the hiring of more inexperienced people with good computer and it skills who could be trained to do things the firm\u2019s way; the other was the inexorable rise of outsourcing (or “offshoring” to be more precise), both in the tax preparation arena, which has always been the principal pain point for accountants, but even more so in the bookkeeping\/accounting arena. the philippines showed major gains, with a well-educated workforce speaking a close approximation of american english.<\/p>\n

small and medium-size firms have recognized that the future of compliance for business clients would have to incorporate controllership and chief financial officer services (what i have dubbed ccfo services) and it was time to get serious. the new technology including saas-based cloud, automated bill-payment systems (such as bill.com) and expense recording without keypunching (such as receipt-bank) allowed ccfo services to be hugely profitable. firms have turned $10,000-a-year clients into $10,000-a-month clients.<\/p>\n

now, a huge number of firms are finally \u201cgetting it.\u201d we\u2019ve been talking about the firm of the future for long enough and now it\u2019s upon us. firms don\u2019t want to wait any longer because the requisite technology is already available and they are seeing the gains being made by full-service, low-price competitors like indinero.<\/p>\n

firms are acknowledging the disruption that is hitting the industry \u2013 clients are demanding real-time, up-to-date, in-the-moment information 24\/7 at a reasonable price. the challenge for firms is getting clients to move away from desktop to online saas technology, which is inevitable but painful. this is the tipping point \u2013 it\u2019s not just the early adopters who are on board, but the regular adopters are getting there too.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

clients demand real-time accounting. by chris frederiksen it’s been was another good year for accountants, with demand for services continuing to outrun supply, thus allowing for price increases. firms continue to struggle with the issue of finding enough \u201cgood\u201d people … continued<\/a><\/p>\n","protected":false},"author":2226,"featured_media":0,"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":[1905,2306],"tags":[],"class_list":["post-51878","post","type-post","status-publish","format-standard","hentry","category-clients-and-service","category-tech-and-fintech"],"acf":[],"yoast_head":"\nsurvey: offshoring on the rise - 卡塔尔世界杯常规比赛时间<\/title>\n<meta name=\"description\" content=\"actionable intelligence for tax, accounting, and financial professionals\" \/>\n<meta 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