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On-prem servers require additional temperature-controlled office space, maintenance, and compliance checks. They’re also more susceptible to data loss because all…
On-prem servers require additional temperature-controlled office space, maintenance, and compliance checks. They’re also more susceptible to data loss because all your data is stored on an in-house server. Simply put, your secure data is less safe when you store it in an on-prem data center; that’s why it’s best practice to use cloud-based data centers…
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Workforce management best practices require using technology to manage people and processes to ensure your accounting firm runs optimally. As digital transformation advances, your legacy systems will need either updating or replacing. Check out these technological advancements that will make managing your workforce nearly effortless. Team Communication Software that coordinates workflows and teamwork among staff…
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Since the beginning of 2021, there has been a 102% increase in ransomware attacks compared to last year, according to cyber security firm Check Point Software. Unfortunately, small and medium-sized accounting firms are a primary target for these attacks, given their lack of sophisticated security infrastructure. Given this reality, every employee in your firm must…
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Digital maturity refers to an organization’s ability to respond quickly and adopt the latest advancements available to its tech stack. It is the key predictor of an organization’s success and drives outcomes that fuel growth and scalability. Software, hardware, and application integrations take time. Yet, up-to-date systems work together more seamlessly, speeding up the time…
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The accountant-client relationship is a vital one for both individuals and large corporations. Having strong relationships with their clients is how accounting firms remain successful. Technology is making it easier to foster these relationships and improve client retention. When accounting firms make a digital transformation, they become more efficient. These efficiencies can translate to better…
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Humans make mistakes. Unintentional human errors cost the accounting industry billions of dollars every year. According to a study by IBM, 95% of data breaches involve human error. There are five common human-centered errors employees, managers, and even owners make every day. While the majority of these mistakes are negligent, it’s important to remember that…
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