The U.S. Supreme Court decision expanding nexus to out-of-state online retailers continued to dominate the accounting news this week; analytics company Domo went public as watchdog warns 'stay away from this IPO'; LeaseAccelerator raised $30M in funding for lease accounting software; how Walmart is leading an effort to track its grocery supply chain using blockchain technology; and more
Accountants are again taking a leadership role in their organizations with the adoption of cloud applications. According to FloQast’s new survey of accounting and finance professionals, 85 percent of respondents are facing increased challenges in hiring and retaining talent, and technology adoption is a key strategy in attracting and retaining talent.
Here's my collection of the top links I clicked on this past week, including an article on Forbes by Aaron Harris of Sage Intacct, Inc. about how the future role of the CFO resembles that of a data scientist more so than an accountant. And also that accountant who who got the chance of a lifetime to play in an NFL game with the Chicago Blackhawks!
It's not tools, but our ability to automate that makes us unique among animals; blockchain is mostly hype, but money transfer startup Veem is actually using it; why meetings are toxic; Catching Clouds Academy launches on YouTube; what drives workaholism; how digital nomads are hiring and firing their governments; and more
How to determine the ROI of new accounting technology; Bluewire Strategy Group is my guest on the podcast; Victoria's Secret CEO thinks smartphones are a fad; how the CPA exam is changing; AT&T has built 1,000 software robots to automate tasks; how Gusto is working to hire female engineers; how AI can stop common back office fraud; lessons from selling Girl Scout Cookies; and more
Laura Empson argues that professional services firms (looking at you, public accounting) deliberately recruit overachievers, then exploit their insecurity; new tax rules are speeding up automation; Thomson Reuters catches up... to the Xero and QBO of ten years ago; a terrible client experience caused by hourly billing; and more
Talking accounting tech with David Leary on the podcast, the White House struggles to mute a conference call, 61 ways to get more clients, why client service isn't as important as you think, the road from controller to CFO is becoming less travelled, 50% of accountants have no idea what blockchain is, and more