Getting Away From Hourly Billing with Digby Leigh

Accounting Automation

#MBA #Business #News #Tech News #Sean Boyce #Accounting #Automation #Technology

18:09

HR is no longer just about managing people—it’s about shaping the future of work. Jens Baier, BCG’s HR transformation expert, discusses how AI and shifting employee expectations are forcing companies to rethink talent strategies. From re-recruiting to upskilling employees, HR must adapt to a rapidly changing landscape. Learn More: Jens Baier: https://on.bcg.com/41ca7Gv BCG on People Strategy: https://on.bcg.com/3QtAjro Decoding Global Talent: https://on.bcg.com/4gUC4IT…

acum 3 ani 37:52

MP3•Pagina episodului

Digby Leigh has been working in law for over 30 years and founded his current firm Digby Leigh & Co in 2005.

Digby is also an expert on hourly billing and different billing models that can be used to move away from charging clients based solely on your time spent. He’s effectively used these in his firm to improve his staff's lives while keeping his customers happy. Here are a few of the topics we’ll discuss on this episode of Accounting Automation:

The positive and negative aspects of using an hourly billing model.
What inspired Digby to move away from billing by the hour.
How to transition away from billing by the hour.
How moving away from billable hours encourages the creation of better systems.
How to use data analytics to measure the effectiveness of your billing model.
How to work out your pricing structure.

Resources:

Connecting with Digby Leigh:

Connecting with the host:

Sean Boyce on LinkedIn

To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/

140 episoade

Getting Away From Hourly Billing with Digby Leigh

Accounting Automation

published acum 3 ani

Distribuie

MP3•Pagina episodului

Digby Leigh has been working in law for over 30 years and founded his current firm Digby Leigh & Co in 2005.

The positive and negative aspects of using an hourly billing model.
What inspired Digby to move away from billing by the hour.
How to transition away from billing by the hour.
How moving away from billable hours encourages the creation of better systems.
How to use data analytics to measure the effectiveness of your billing model.
How to work out your pricing structure.

Resources:

Connecting with Digby Leigh:

Connecting with the host:

Sean Boyce on LinkedIn

To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/

140 episoade

#MBA #Business #News #Tech News #Sean Boyce #Accounting #Automation #Technology

Toate episoadele

1
How the Scarcity of Accountants Will Affect the Future of Accounting with Realize’s Jason Staats 33:16

acum 2 years33:16

33:16

Jason Statts is a CPA firm owner and the creator, manager and owner of the online accountant community Realize. Here are a few of the topics we’ll discuss on this episode of Accounting Automation: Common challenges accounting firms have when adopting new tech. How personal-based productivity differs from software-based productivity. How modern accounting firms are changing the way we do things. Ways technology is widening the gap of productivity. How to know which software will work the best for your accounting firm. What will happen to firms that are resistant to industry change. The future of productized solutions. Where the biggest opportunities for accounting firms are. Resources: Realize QuickBooks TurboTax NxtStep Connecting with Jason Staats: LinkedIn Twitter Website Connecting with the host: Sean Boyce on LinkedIn To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

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Connecting Systems and Creating a Tech Stack with Wendroff & Associates, CPA’s Brian Wendroff 28:18

acum 2 years28:18

28:18

Following four years of Military service, including a tour at the Pentagon for the Secretary of Defense’s Office, and work experience as a staff accountant at the International Accounting Standards Board in London, England and local CPA firm, Brian founded Wendroff & Associates, CPA in 2006. He quickly established himself as an Entrepreneur’s CPA and an expert in technologically advanced accounting systems, being one of the first firms nationwide to offer complete online accounting solutions. Since its founding, Wendroff & Associates has grown in size each year and Brian has continued to upgrade the firm’s business advisory services to include outsourced CFO services, budgeting and forecasting and high-level tax planning models, and free accounting and tax strategies on its social media. As Brian is fond of saying, a CPA firm needs to think of its clients throughout the year, not just at tax time. Here are a few of the topics we’ll discuss on this episode of Accounting Automation: Thinking of automation in terms of the process behind it. How automation can improve workflow efficiency. Workflow efficiency tools that can bring systems together. How to learn about new technologies that improve workflow. How difficult it is to learn how to use automation technology. The impact automation can have on tax season. How accounting teams respond to new automation technologies. Resources: Wendroff & Associates QuickBooks Zoom Gmail Slack Zapier Built to Sell The E-Myth Revisited NxtStep Connecting with Brian Wendroff: LinkedIn Email Connecting with the host: Sean Boyce on LinkedIn To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

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Public Accounting vs. Industry Accounting with Kaiser Permanente’s Okorie Ramsey 36:30

acum 2 years36:30

36:30

Okorie Ramsey has been a CPA for almost 15 years and is currently the Vice President of Sarbanes/Oxley at Kaiser Permanente and the Vice Chairman of the American Institute of Certified Accountants. Okorie is a California Certified Public Accountant (CPA), Project Management Professional (PMP), and Chartered Global Management Accountant (CGMA). He also holds a bachelor’s degree in Business Administration with a concentration in Accounting from San Francisco State University (SFSU) and a Kaiser Permanente Executive Leadership Program Certificate from Harvard Business School. Okorie serves on the Board of Directors for the American Institute of Certified Public Accountants (AICPA) and the Association of International Certified Professional Accountants (the Association), as well as serving as Vice Chairman of the AICPA. Okorie also represents the State of California as a council member of the AICPA, and is a Past President of the California Society of CPAs (CalCPA) Board of Trustees for the Education Foundation, Past Chairman of the Accounting Career Awareness Program (ACAP) San Francisco Bay Area and a former adjunct professor for SFSU’s Master of Business Administration (MBA) program. Here are a few of the topics we’ll discuss on this episode of Accounting Automation: The difference between public accounting and industry accounting. Characteristics that make people more suited to public or industry accounting. What public accounting can do for you. The six principles of leadership and how they apply to accounting. Why you should invest in networking and building relationships. How to build a network. How to educate yourself on the benefits of tech within accounting. Resources: Kaiser Permanente AICPA Harvard Business Review NxtStep Connecting with Okorie Ramsey: LinkedIn Connecting with the host: Sean Boyce on LinkedIn To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

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The Benefits of Being a CPA with Fieldguide’s Byron Patrick 35:29

acum 3 years35:29

35:29

Byron Patrick is the VP of Customer and Operations at Fieldguide, Chairman of the Board of the Maryland Association of CPAs and is recognized as an industry leader on technology topics impacting CPAs. Byron specializes in helping CPAs and small businesses leverage technology and speaks at industry conferences around the country. Here are a few of the topics we’ll discuss on this episode of Accounting Automation: The CPA tattoo Byron has. Why CPA's have a bad reputation. The opportunities there are in accounting. The echo chamber in accounting subreddits. The advantages of having an accounting background. How firm owners can keep their accountants inspired. The difference between working in tech and working in accounting. How to transition from accounting to tech work. Resources: Fieldguide Maryland Association of Certified Public Accountants NxtStep Connecting with Byron Patrick: LinkedIn Twitter Email Connecting with the host: Sean Boyce on LinkedIn To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

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What Data Scientists Can Do for Your Firm with K2 Enterprises’ Randy Johnston 33:53

acum 3 years33:53

33:53

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Implementing Organizational Change with Will Hill 31:35

acum 3 years31:35

31:35

Will Hill worked at Thomson Reuters for over 20 years and worked his way up to the Senior Product Marketing Manager role. After leaving Thomson Reuters Will started his own business Will Hill Consults where he helps firms work through external and internal change. Will was listed by Accounting Today in 2021 as one of the "Top 100 Most Influential People in Accounting". Here are a few of the topics we’ll discuss on this episode of Accounting Automation: The intersection between people and process. How to stay focused on improving efficiency. How to implement organizational change. Common inefficiencies within firms and strategies to improve efficiency. The role of the COO in enacting change. The risk of relying on tech to improve efficiency. How to propose the idea of change to others. Resources: Will Hill Consults Getting Clients to Change Culling the Client List NxtStep Connecting with Will Hill: LinkedIn Connecting with the host: Sean Boyce on LinkedIn To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

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Remote Working Security with IntrapriseTechKnowlogies’ Donny Shimamoto 32:58

acum 3 years32:58

32:58

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How the Blockchain is Affecting Accounting and Finance with Dr. Sean Stein Smith 29:32

acum 3 years29:32

29:32

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Cybersecurity for Accountants with Right Networks’ Roman Kepczyk 39:45

acum 3 years39:45

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Roman Kepczyk is Director of Firm Technology Strategy at Right Networks, where he focuses on helping firms throughout North America use information technology by educating and directing owners towards today's optimized CPA firm production processes. Roman is also a Lean Six Sigma Black Belt, AICPA Certified Information Technology Professional, and CGMA. Here are a few of the topics we’ll discuss on this episode of Accounting Automation: Common issues firms have with their cybersecurity. Cybersecurity risks for accountants. Misconceptions firms make around their cybersecurity. How to make a secure password. The dangers of ransomware and double extortion attacks. How to enhance user account security. The cyber risks of staff working from home. The security of mobile hotspots compared to public wifi networks. How to increase the cybersecurity in your accounting firm. Red flags for scam emails. Resources: Right Networks NxtStep Connecting with Roman Kepczyk: LinkedIn Connecting with the host: Sean Boyce on LinkedIn To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

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Becoming a Change Agent for Accountants with Aprio’s Mike Maksymiw 36:42

acum 3 years36:42

36:42

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From CPA Employee to CPA Business Owner with Geraldine Carter 35:58

acum 3 years35:58

35:58

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What your client isn't saying 2:09

acum 3 years2:09

2:09

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Making it harder for clients to pay 2:47

acum 3 years2:47

2:47

Is your firm making it harder for your clients to pay you? If so, you need to drop everything and fix that problem ASAP. Read more - https://nxtstep.io/daily/client-payment-issues/ Want to boost the profitability of your firm without needing to hire? Sign up for my free 5 day video email course Bottleneck Buster - http://bottleneckbuster.com/ How and where to connect with Sean: Website - https://nxtstep.io/ Daily List - https://nxtstep.io/daily/ Connect with Sean on LinkedIn - https://www.linkedin.com/in/sean-boyce/ Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

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You can't fight technology 2:06

acum 3 years2:06

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If your firm is only crawling along the technology curve then your firm could be in trouble. Don't wait too long to adapt. Read more - https://nxtstep.io/daily/resisting-technology/ Want to boost the profitability of your firm without needing to hire? Sign up for my free 5 day video email course Bottleneck Buster - http://bottleneckbuster.com/ How and where to connect with Sean: Website - https://nxtstep.io/ Daily List - https://nxtstep.io/daily/ Connect with Sean on LinkedIn - https://www.linkedin.com/in/sean-boyce/ Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

1
When to raise prices 3:30

acum 3 years3:30

3:30

Is your firm at capacity? If so, you may have a unique opportunity to significantly strengthen your firm's performance and brand. Read more - https://nxtstep.io/daily/best-time-to-raise-prices/ Want to boost the profitability of your firm without needing to hire? Sign up for my free 5 day video email course Bottleneck Buster - http://bottleneckbuster.com/ How and where to connect with Sean: Website - https://nxtstep.io/ Daily List - https://nxtstep.io/daily/ Connect with Sean on LinkedIn - https://www.linkedin.com/in/sean-boyce/ Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

Accounting Automation

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Evaluating customer service 2:47

acum 3 years2:47

2:47

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Accounting Automation

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The Value of a Subscription Pricing Model with Earmark CPE’s Blake Oliver 43:52

acum 3 years43:52

43:52

Blake Oliver is an entrepreneurial accountant and writer who specializes in cloud accounting technology. He was named a "40 Under 40" in the accounting profession by CPA Practice Advisor in 2016 and 2017 and is also the co-host of the Cloud Accounting Podcast. Here are a few of the topics we’ll discuss on this episode of Accounting Automation: The value of subscription pricing. Why the subscription economy fits the accounting profession so well. How using a subscription billing model increases efficiency. Why people are hesitant to change their billing structure. Why firms in Australia are more resistant than American firms to change. The value of low-margin accounting work and why most firms overlook this area. The accounting services that can be delegated to staff. How to move from hourly billing to a subscription model. The future of accounting and CPE firms. The value and benefits of specialization. Resources: Earmark CPE QuickBooks Xero Cloud Accounting Podcast Quip TurboTax NxtStep Connecting with Blake Oliver: LinkedIn Email Connecting with the host: Sean Boyce on LinkedIn To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

Accounting Automation

1
Consistent client communication 2:30

acum 3 years2:30

2:30

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Accounting Automation

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Ultimate competitive advantage 1:20

acum 3 years1:20

1:20

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Accounting Automation

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The customer service problem 2:51

acum 3 years2:51

2:51

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Accounting Automation

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Accounting industry client complaints 2:45

acum 3 years2:45

2:45

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Accounting Automation

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Identifying the opportunity 2:18

acum 3 years2:18

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You want to make improvements at your firm across the board. How do you know which one you should upgrade first to maximize impact? Read more - https://nxtstep.io/biggest-firm-opportunity/ Want to boost the profitability of your firm without needing to hire? Sign up for my free 5 day video email course Bottleneck Buster - http://bottleneckbuster.com/ How and where to connect with Sean: Website - https://nxtstep.io/ Daily List - https://nxtstep.io/daily/ Connect with Sean on LinkedIn - https://www.linkedin.com/in/sean-boyce/ Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

Accounting Automation

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Your client hates your portal 2:27

acum 3 years2:27

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Accounting Automation

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Tech and turnover 1:54

acum 3 years1:54

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What's making recruiting harder and turnover worse for your firm? Have a poor employee experience due to bad software and technology. Read more - https://nxtstep.io/tech-and-turnover/ Want to boost the profitability of your firm without needing to hire? Sign up for my free 5 day video email course Bottleneck Buster - http://bottleneckbuster.com/ How and where to connect with Sean: Website - https://nxtstep.io/ Daily List - https://nxtstep.io/daily/ Connect with Sean on LinkedIn - https://www.linkedin.com/in/sean-boyce/ Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

Accounting Automation

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Bringing New AI tools Into Your Firm with Ross Buehler Falk & Company’s Jeff Bleacher 39:23

acum 3 years39:23

39:23

Jeff Bleacher has worked in accounting for almost 40 years and is the managing partner of Ross Buehler Falk & Company. Here are a few of the topics we’ll discuss on this episode of Accounting Automation: How Jeff became the managing partner at Ross Buehler Falk & Company. The benefits of having a proactive advisory relationship with your clients. Building dashboards around your client base. Improvements that can be made to a Tech Stack. How much time can be saved using AI tools. How to overcome scepticism around using new tools. Resources: Ross Buehler Falk & Company DocuSign SentientSystem NxtStep Connecting with Jeff Bleacher: LinkedIn Email Connecting with the host: Sean Boyce on LinkedIn To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

Accounting Automation

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Wasted effort 2:05

acum 3 years2:05

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Employees at your firm are wasting 1/3 of their effort. What could your firm improve if you got back all of that time? Read more - https://nxtstep.io/waste-in-the-workplace/ Want to boost the profitability of your firm without needing to hire? Sign up for my free 5 day video email course Bottleneck Buster - http://bottleneckbuster.com/ How and where to connect with Sean: Website - https://nxtstep.io/ Daily List - https://nxtstep.io/daily/ Connect with Sean on LinkedIn - https://www.linkedin.com/in/sean-boyce/ Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

Accounting Automation

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Design the firm of your dreams 1:41

acum 3 years1:41

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What if you could rebuild your firm from scratch without anyone or anything standing in your way of the changes you wanted to make? Read more - https://nxtstep.io/design-your-dream-firm/ Want to boost the profitability of your firm without needing to hire? Sign up for my free 5 day video email course Bottleneck Buster - http://bottleneckbuster.com/ How and where to connect with Sean: Website - https://nxtstep.io/ Daily List - https://nxtstep.io/daily/ Connect with Sean on LinkedIn - https://www.linkedin.com/in/sean-boyce/ Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

Accounting Automation

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Reading efficiency hacking 2:35

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Want to burn through as much new content as you can during your July 4th travel plans? Allow me to introduce you to Blinkist. Read more - https://nxtstep.io/reading-efficiency-hacking/ Want to boost the profitability of your firm without needing to hire? Sign up for my free 5 day video email course Bottleneck Buster - http://bottleneckbuster.com/ How and where to connect with Sean: Website - https://nxtstep.io/ Daily List - https://nxtstep.io/daily/ Connect with Sean on LinkedIn - https://www.linkedin.com/in/sean-boyce/ Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

Accounting Automation

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Accounting industry disruption 2:18

acum 3 years2:18

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The accounting industry is undergoing major disruption. If you have a traditional firm it might be at serious risk. Read more - https://nxtstep.io/accounting-industry-disruption/ Want to boost the profitability of your firm without needing to hire? Sign up for my free 5 day video email course Bottleneck Buster - http://bottleneckbuster.com/ How and where to connect with Sean: Website - https://nxtstep.io/ Daily List - https://nxtstep.io/daily/ Connect with Sean on LinkedIn - https://www.linkedin.com/in/sean-boyce/ Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email course at http://bottleneckbuster.com/…

Accounting Automation

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[Webinar] Boost firm profit without hiring 2:11

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