Tax & AccountingApril 13, 2023

Managing complexity in a modern firm

It should come as no surprise that managing an accounting firm has become more complex over the years. Accounting firm leaders are navigating increasingly complex tax legislation and accounting standards, managing a blended workforce, juggling complicated internal projects, and client needs.
As internal and external complexity has growth, so has an interest in automation and outsourcing. While both strategies have value, they're not a magic bullet that will solve the challenges firms face today. Rising to the challenge requires a focus on three areas: people, process and technology. 

When faced with the task of improving and optimizing talent, processes, and technology, many firm leaders feel overwhelmed. They’d prefer to select one or two to focus on and worry about the rest at a later date. 

But focusing on only two elements is like trying to build a two-legged stool; you may save on time and costs now, but the finished product won’t be functional. 

In this white paper, we’ll share why things go wrong when you fail to focus on all three legs of the stool and the trends and strategies you can start putting into place in each of these areas. We’ll also highlight a few tools to help you in all three areas. 

Complete the form below to download the white paper and keep reading.

Wolters Kluwer Tax and Accounting is a leading provider of software solutions and expertise that helps tax, accounting and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed and accuracy. 
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