As traditional accounting firms are pivoting towards advisory services or entirely shifting away from tax, technology becomes pivotal. This post delves into eight crucial elements of a technology stack for Client Accounting and Advisory Services (CAAS) firms,...
How Reach Reporting Enhances Each Stage of Small Business Success Small businesses go through various stages of development, each with its unique challenges and success factors. Reach Reporting, with its advanced features, can play a pivotal role in aiding businesses...
As we sail into a new year, it’s clear that the landscape of client service is evolving. Firms everywhere are on the lookout for smart ways to serve their clients better while easing their own workload. This often means welcoming new tech solutions into their...
We live in a dynamic business world where financial advisors, accountants, and consultants’ roles extend far beyond just managing numbers. It’s about illuminating the path for clients and helping them make informed decisions through insightful guidance. To...
The cash conversion cycle (CCC) is a crucial metric in assessing a company’s financial health. It measures the time it takes for a company to convert its investments into sales and then into revenue. In other words, it accounts for the time it takes for a...
Average Revenue Per Customer (ARPC) is a metric that measures the average revenue generated from each customer per month, quarter, or year. While similar to customer lifetime value, it differs in that ARPC is a way to measure the overall health of a business on an...