A popular trend in the accounting industry is to add additional consulting services to boost top line revenue. I want to talk about whether or not this strategy is making your firm stronger or weaker. I’ll also suggest an alternative strategy that could provide your firm with what you really need. Read more - https://nxtstep.io/adding-consulting-services/ How and where to connect with Sean: Website Daily List YouTube Connect with Sean on LinkedIn Email Sean at sean@nxtstep.io To learn how to boo...
Apr 11, 2022•3 min•Ep. 20
When I was a cashier in high school the lines of customers only seemed to get longer. Now with self-checkout the customer experience is much improved. Similarly, accounting firms need solutions with better leverage than simply hiring more accountants. Read more - https://nxtstep.io/stop-hiring-more-accountants/ How and where to connect with Sean: Website Daily List YouTube Connect with Sean on LinkedIn Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hir...
Apr 10, 2022•2 min•Ep. 19
Can intelligent automation help accounting firms detect bias when performing an audit? Let’s talk about the Deloitte/Autonomy scandal from 2019 to learn more about what could have been done with modern technology to prevent one of the biggest accounting scandals in British corporate history. More on this topic: https://nxtstep.io/detecting-bias-in-audit/ How and where to connect with Sean: Website Daily List YouTube Connect with Sean on LinkedIn Email Sean at sean@nxtstep.io To learn how to boos...
Apr 09, 2022•2 min•Ep. 18
You’re hearing more about cloud computing. Let’s talk more about what it is, see some examples and learn more about why your accounting firm should be converting your whole technology stack to cloud tools ASAP. For more on this topic: https://nxtstep.io/benefits-of-cloud-computing/ How and where to connect with Sean: Website Daily List YouTube Connect with Sean on LinkedIn Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email c...
Apr 08, 2022•3 min•Ep. 17
There’s a lot of buzz around automation and technology disrupting audit in a major way. I want to talk more about when the bigger changes are expected to arrive and what you need to do to prepare your team to be ready when they get here. More details on this topic: https://nxtstep.io/the-future-of-audit/ How and where to connect with Sean: Website Daily List YouTube Connect with Sean on LinkedIn Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by ...
Apr 07, 2022•3 min•Ep. 16
What skills will your accounting team need to meet the coming technology revolution that’s disrupting your industry? A whole lot of tech would be a great place to start. Let’s talk about what your firm needs to do to get a head start here. How and where to connect with Sean: Website Daily List YouTube Connect with Sean on LinkedIn 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/...
Apr 06, 2022•2 min•Ep. 15
Occasionally your firm will want to take automation further than connecting a few dots. If so, I’d encourage you to take a closer look at ‘no code’ development platforms like Bubble. These tools provide you with everything you need in one package to get started with building something that’s customized for your firm. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm witho...
Apr 05, 2022•2 min•Ep. 14
Elements of the Turing test have been thought to be the gold standard for validating whether or not we’ve achieved legitimate forms of artificial intelligence. Turns out some of those elements may need some updating based on more recent advancements. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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...
Apr 04, 2022•2 min•Ep. 13
Automation isn’t going to change everything about how your accounting firm operates overnight. It will be a lengthy process that will happen in stages over the course of years. Allow me to share a story about the self-driving car as an example. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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/...
Apr 03, 2022•3 min•Ep. 12
Have you ever thought it would be great if this system could talk to that one? If so, I have good news for you. Increasingly so, that answer is yes thanks to tools like zapier. Let’s talk about how you can make a BIG impact with little effort by leveraging this automation tool. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email cours...
Apr 02, 2022•3 min•Ep. 11
Audits used to cover only a sample of a company's data when checking for errors and fraud. With advancements in machine learning from neural networks and deep learning, audit teams will be able to check ALL the data in half the time. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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/...
Apr 01, 2022•3 min•Ep. 10
We borrow designs from nature all the time. Let’s talk about how this applies to neural networks and deep learning so we can better understand these concepts. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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/...
Mar 31, 2022•2 min•Ep. 9
A recent report from the Public Company Accounting Oversight Board (PCAOB) included concerns about automation making auditors lazy. Is it true? Well, first let’s talk about what’s being automated and how that’s expected to impact the work auditors perform and the value they deliver. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day email ...
Mar 30, 2022•3 min•Ep. 8
How can machine learning automatically detect fraud? Allow me to share an example of how this technology could help you put more puzzles together in less time. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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/...
Mar 29, 2022•3 min•Ep. 7
Remember back in the day when your coach would tell you to keep your eye on the ball? I'd like to talk about why that strategy is so common and the modern day equivalent I see working with firms to help them achieve their goals with technology. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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/...
Mar 26, 2022•2 min•Ep. 6
When I was younger I learned the value of being able to teach myself. Today, we're able to leverage the power of this concept at a level never before thought possible with machine learning. I'll share how VISA used a version of this technology to save their company $25B in one year alone. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn Email Sean at sean@nxtstep.io To learn how to boost the profitability of your firm without hiring by taking my 5 day ...
Mar 25, 2022•2 min•Ep. 5
The results from a recent survey of 200 CFOs are telling in terms of the current status of the accounting and finances industries and where it expects to be by the end of this year. Tune in to see how your firm stacks up against the competition. How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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/...
Mar 24, 2022•2 min•Ep. 4
The fourth industrial revolution is upon us and the focus is on automating cognitive work. This is going to mean big changes for the accounting industry. One prediction is that by 2025 - 1 out of 3 corporate audits is going to be completed by AI. Is your firm ready? How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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://...
Mar 23, 2022•2 min•Ep. 3
How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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/...
Mar 22, 2022•2 min•Ep. 2
How and where to connect with Sean. Website Daily List YouTube Connect with Sean on LinkedIn 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/...
Mar 22, 2022•1 min•Ep. 1
