The value in not providing traditional accounting services
When most people hear CPA they immediately think tax and audit. Lavoie CPA does NOT provide either service. So, what do we do? We provide world class accounting bundled with leading technology (Accounting as a Service) to help our clients succeed . But why don’t we provide tax or audit services?
Our focus is helping grow your business. We provide financial intelligence you can rely on to make informed financial decisions.
We don’t want to become tax experts. Staying on top of changes to tax laws and regulations is an exhaustive process. We rather partner with tax professionals and focus on what we do best – help grow your business!
We can’t audit ourselves. Since we provide leading finance and accounting services, we can’t audit our own work. However, our clients are always audit ready!
Why do clients come
to Lavoie CPA since we don’t do tax or audit?
We help grow sales.
We turn finance into a strategic asset.
We keep cost under control.
We eliminate distractions and let our clients focus on what they do best.
The beginning of a new year always signals a time for trend spotting Which financial opportunities, challenges and changes should companies prepare for now? Below are six soon-to-be realities that you should consider for 2019. .
CFOs take on more
responsibility.
The role of the CFO has merged with that of the COO to
assume strategy and operations functions. This calls for greater collaboration
in business areas such as marketing, procurement, sales and design/R&D in
order for CFOs to build sound budget strategies and operational processes.
Customers’ changing
demands disrupt industries.
Think of it as forced evolution. Millennials and Gen Z crowd
are making their wishes known – pushing for greater transparency, asking for more
sustainable products, embracing technical conveniences. Business has no choice
but to respond – re-evolving business models, selling on social media, adopting
voice-commerce, etc.
Technology makes
finance smarter and faster.
Automation and new technologies are making finance software programs do more with less. This leaves more time for focusing on the organization’s strategic vision.
We’re grappling with uncertainty
again.
From foreign policy to data regulation, businesses are
operating under the strain of uncertainty. Expect another year of having to
navigate a turbulent, highly politicized environment.
Even the workforce is
evolving.
2019 will introduce a diverse generation of employees with
new expectations and wants. For accounting, the skills gap widens, re-training requirements
grow, and a higher level of contract employees emerges.
New data risks are
surfacing
Companies will need to have a deeper understanding of General
Data Protection Regulation (GDPR), because there will be a higher level of
concern about data security as more info is created, collected, and stored online
which allows for the possibility of hacking.
As these developments proceed, the role of finance becomes more important and extensive. Many companies are turning to service providers to help them make the transformation. This may entail consulting services, augmenting current staff or even outsourcing the financial and accounting function.
Modernizing your workplace needs to happen, but how do you go about doing it? When it comes to having a modern workplace, nothing says you’re on the ball like integrating Microsoft cloud accounting software services. With Azure solutions, you can manage data with ease, and with Office 365, you can share and send documents while not having to worry about version control. It’s the ease of use, familiarity, and trust you need in a cloud solution. Contact us today to learn more about Microsoft cloud services.
Hershey has a lot of data that they need to share across their enterprise. Keeping their workforce mobile while being able to access that data can be tough, that’s why they moved to the Microsoft cloud. With Microsoft, you can migrate to simple, distributed, cross-platform file storage without changing code. It’s the first step in modernizing your IT infrastructure and business.
IT security and data protection are your only ways to combat ransomware. In today’s digital age, your data is the lifeblood of your organization. Don’t fall victim to ransomware attacks that could threaten your business and customers. With Azure, identify new threats and respond quickly with services that are informed by real-time global cybersecurity intelligence delivered at cloud scale.
