tech and fintech

is this when accountants start taking freshbooks seriously?

by

twyla verhelst explains ‘collaborative accounting.’

subscribe to 卡塔尔世界杯常规比赛时间 podcasts anywhere: apple, google, spotify, iheart, deezer, amazon music and audible, player fm, audacy, gaana (india), and boomplay (africa).

by seth fineberg
at large for 卡塔尔世界杯常规比赛时间

verhelst

freshbooks is taking another step to evolve from being a cloud-based invoicing solution for gig workers to being more strongly considered a true accounting solution that accountants could use to collaborate with clients as their business needs evolve.

more fineberg: your classic business model won’t allow growth |  accounting tech decisions you need to make today | you’re doing email wrong | when live events fail | who’s in control? you? or your clients? | time management rule #1 for accountants

more tech: major websites blocking content from ai crawlers | ai and the future of advisory | how much a data breach will cost you – directly and indirectly | strengthen client ties with workflow tools | the art of prompt engineering for a.i. accountants

more verhelst: twyla verhelst on how firms are getting creative to compete

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 “we are definitely in this flow of evolving the platform to support accountants better,” twyla verhelst, head of freshbooks’ accountant channel, tells 卡塔尔世界杯常规比赛时间’ seth fineberg. “we now have an accountant hub, which we will continue to add to; and a robust roadmap, one in which we’re building from a place of [asking] accounting partners what do you need?”

read more →

major websites blocking content from ai crawlers

by

amazon, quora and indeed are three major websites that prohibit chatgpt’s bot.

by rick richardson
technology this week

according to recent data from content detector originality.ai, nearly 20 percent of the top 1000 websites in the world are restricting crawler bots that collect web data for ai services.

more: what is an heic file? | ai + mri = diseases that doctors might miss | your boarding pass could onboard hackers | chatgpt passes cpa exam on second try | cyber insurance costs rise in health care as attacks soar | adobe announces “creator-friendly” generative ai tools
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

big and small websites are taking matters into their own hands because there are no clear legal or regulatory guidelines limiting ai’s usage of intellectual information.

early in august, openai unveiled its gptbot crawler, claiming that the information obtained “might improve future models,” assuring that paywalled content will be omitted and providing instructions on how to block the crawler on websites. read more →

ai and the future of advisory

by

or, ‘the real battlefield: ai’s inroads into value creation within accounting’

by ric payne

four university professors sat the 3.5 version of chatgpt for the cpa exam in may. and it failed. rather badly, it turns out! averaging a score of 53.1 across all sections.

however, it passed when the same researchers repeated the experiment on the upgraded chatgpt version 4.0 only a month later. rather impressively, actually.  with an average score of “the chatbot received an 87.5 in the part that rated highest, auditing and attestation (aud),” the researchers reported.

more on artificial intelligence: chris vanover: question the why or stay with the status quo | ai + mri = diseases that doctors might miss | the art of prompt engineering for accountants | staff need good pay and tlc | two words define your work future in the ai world | becky livingston launches “the b2b marketer’s guide to ai” | getting real: accounting tech decisions you need to make today | generative ai: should you avoid it or adopt it? | the disruptors: al anderson on the new manifesto for accountants | should accountancy account for sustainability? | firms rev up expansion plans | what an a.i.-powered workforce means for accountants | jody padar: build a practice that works for you, not vice-versa. | ai systems just for accounting in development | ai is not your enemy |

more 卡塔尔世界杯常规比赛时间 coverage here.

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

this is a very interesting development for several reasons.

first, it’s amazing how quickly chatgpt has improved. i doubt a human, even a smart one, would achieve a 32 percentage point improvement in an examination score in just a few months. this performance improvement begs the question: are we looking at the likelihood of close to 100% shortly? read more →

how much a data breach will cost you – directly and indirectly

by

for many, it could cost an entire business.

by donny shimamoto
cybersecurity for accountants

as quickly as the irs detects cyber schemes, fraudsters come up with other attack vectors. many are funded by rogue nation-states, so they have more resources available to them than we do.

more: future firm growth requires a mindshift | ai, ocr, nlp & cpas: oh my! | accounting nerds, unlock your super powers | early adopters gain an edge in audit | dustin wheeler: for serious cas success, hire tech teams | csr for cpas: the missing ingredient | donny shimamoto explains how ‘agile’ applies to cpa firms | staff retention for remote workers | why the future is in risk advisory | ready for non-cpa ‘cpa’ firms?
goprocpa.com exclusively for pro members. log in here or 2022世界杯足球排名 today.

however, this doesn’t mean that you can give up and let them run rampant. doing so leaves you vulnerable to litigation in the event of a data breach, and possible business disruption from ransomware.

read more →

what is an heic file?

by

drop the jpgs for better storage capacity.

by rick richardson
technology this week

on all iphones and ipads, the default image format is heic. along with apple, heic files are supported by canon, sony, qualcomm and samsung.

more: ai + mri = diseases that doctors might miss | printer ink: not just expensive, but a blatant scam? | bill gates behind next-generation nuclear plant | your boarding pass could onboard hackers | generative ai coming to microsoft 365 | electronic skin that can sense touch will transform robotics | chatgpt passes cpa exam on second try | stanford scientists 3d-print heart tissue | four of today’s new technologies that will be tomorrow’s ‘norm’
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

here is all the information you need about the heic file format.

read more →

strengthen client ties with workflow tools

by

bonus: a solution for authentication code headaches.

by penny breslin
it’s not just the numbers

managing tasks and workflow through email, handwritten notes, telephone messages or walking down the hall is a recipe for disaster. a web-based tasking app, preferably linked to your document management system, allows the back office support to inspect what they expect:

  • recurring tasks done on time and accurate load leveling of resources
  • audit trail of work
  • set up, review, make notes, share information and complete tasks while maintaining the relationship with the client

more: decoding accounting tech (and all those acronyms) | do your apps play well with others? | it’s ok to have favorite clients | ten questions for teamwork | yes, you can be an outsourcer
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

tasking applications come on the market regularly and there are a few that are specific to the accounting industry. they can run the gamut in price ranges and capabilities. from advance flow to 17 hats, a firm large to small can find one that will work and fulfill 80 percent of their needs. below are some we work with and that get high reviews with our staff:
read more →

ai + mri = diseases that doctors might miss

by

could this patented ai algorithm predict metabolic abnormalities up to a half-decade in advance?

by rick richardson
technology this week

an artificial intelligence platform developed by a british health tech business can analyze mri data to look for early signs of sickness. the company’s strategy, which employs imaging biomarkers, promises better disease diagnosis and treatment decision-making.

more: printer ink: not just expensive, but a blatant scam? | bill gates behind next-generation nuclear plant | electronic skin that can sense touch will transform robotics | four of today’s new technologies that will be tomorrow’s ‘norm’ | solar sensors detect wildfires early, saving lives, money
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

twinn health claims to be advancing longevity and preventive healthcare thanks to a $500 million venture capital fund from saudi aramco.
read more →

the art of prompt engineering for accountants

by

the latest skill you didn’t know you needed.

by sandi leyva
the complete guide to marketing for tax & accounting firms

with the rise of artificial intelligence tools such as chatgpt, accounting professionals need to add a new skill to their toolbox: prompt engineering. but don’t worry, it doesn’t have much to do with engineering, and the learning curve is quite achievable for everyone. the best part is that the payoff can be game-changing.

more: what can chatgpt do for accounting professionals? | grow your revenue with three marketing strategies | you’re missing 60% of your revenue | calculate your business relationship ratios | make the most of cpe conferences | set bold new goals for the rest of the year | generative ai: should you avoid it or adopt it?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

prompt engineering delves into a world where numbers meet language. while it might sound like a far cry from balance sheets, ledgers and tax forms, it’s an easy concept to understand. let’s dig into the basics and benefits of prompt engineering for accounting professionals.
read more →

decoding accounting tech (and all those acronyms)

by

how to choose what’s best for your team and clients.

by penny breslin
it’s not just the numbers

with accounting software and add-ons, from the standpoint of the person maintaining the “books,” the accounting program is the focal point. however, consider the focus of your business-owning client.

more: do your apps play well with others? | understand your online marketing options | digital marketing strategies level the playing field | it’s ok to have favorite clients | narrow your prospects by choosing a vertical | eight tasks to delegate today | ten questions for teamwork | build your team, then choose your clients | advisory services done your way | yes, you can be an outsourcer | how back office support adds value
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

their focus is operational. so, consider that for the business owner, the add-on is the accounting program. having the correct package of cloud-based programs turns the accounting program into a basic general journal that you, in your accounting hat, use to find any inconsistencies.
read more →

printer ink: not just expensive, but a blatant scam?

by

are you really sure how much ink you’re buying?
 
by rick richardson
technology this week

those incredibly cheap entry-level printers you find when sorting your options by “price lowest” can be very alluring if you’re in the market for a new inkjet printer. however, don’t assume it shows you’re getting a good deal.

more: bill gates behind next-generation nuclear plant | your boarding pass could onboard hackers | generative ai coming to microsoft 365 | electronic skin that can sense touch will transform robotics | chatgpt passes cpa exam on second try | stanford scientists 3d-print heart tissue | four of today’s new technologies that will be tomorrow’s ‘norm’ | cyber insurance costs rise in health care as attacks soar | phishing attack hackers have a new trick
exclusively for pro members. log in here or 2022世界杯足球排名 today.

just as a drug dealer can offer a cheap initial “sample” to get you hooked before raising the price on all subsequent transactions, printer manufacturers use a similar business strategy. they can easily make up any loss from the printer’s discounted sale by offering its ink cartridges for exorbitantly high prices. the printer firms then keep you on the hook for paying these outrageous ink rates for the duration of the printer, which is a very lucrative revenue stream for them.

let’s take a closer look …
read more →

you’re doing email wrong

by

the liscio timeline: will it replace email?

there must be a better way.

by seth fineberg

email has always been an albatross of sorts for firms. most firms use it as their primary source of communication and are under the belief that they are “secure” if they use encryption. add the fact that having personally identifiable information on your machine is illegal, which equals one thing: you’re doing email wrong.

more fineberg: careful… you may be advising! | when live events fail | getting real: accounting tech decisions you need to make today | who’s in control? you? or your clients? | time management rule #1 for accountants | why vc is a bigger threat than ai

more on email & cybersecurity: why business email is doomed | the 7 categories of cybersecurity solutions firms need | the why, what and how of cybersecurity for accountants | top tech tools for building your new bos business | yes, ai writes better emails | survey: records management tops email challenges | three apps for ‘inbox zero’

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

email was never meant to be this nebulous communications zone. nor was it intended to be a source of truth or document and communications exchange storage. and now, with new data security laws, there are strict controls on how to use email.

read more →

why business email is doomed

by

malware, ransomware, phishing and other hacker tools will make email obsolete.

by frank stitely
the relentless cpa

last year, the ceo of slack predicted the demise of business email in five years. i think he’s wrong. i think business email maybe has another two years. there are two obvious reasons why email has a foot in the technological grave.

more: control your time: avoid ambush meetings and phone calls | get clients to bring tax docs early…yes, early | you train your clients, whether you mean to or not | train your clients before they train you | why time tracking still matters | business owners face one of three exits | don’t let clients dictate tax workflow | make fewer mistakes, increase revenue and capacity | how small firms can win the talent wars | easy ways to avoid ‘done but’ tax returns | six ways to create a millennial-friendly firm | do you know your turnaround time?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

first, spam killed the efficiency of email. how much time do you spend each day deleting spam? you can train your spam blocker, but professional spammers get through using variable email addresses and agreements with internet routing companies.
read more →

two words define your work future in the ai world

by

the boundary you must cross to ensure future success.

by hitendra patil
rise of the aiccountants

imagine there is no artificial intelligence.

i know it is tough to imagine this, but for the next two minutes, just imagine there is no ai.

more: ai systems just for accounting in development | three ways a.i. will take shape in accounting | four ways to prepare for the ai era | seven ways ai could change accounting | who is better at accounting, ai or humans?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

how have you been working as an accounting professional without ai so far?
read more →