Technology Best Practices for Progressive Accounting Firms
Daniel Teacher is the Managing Director at T-Tech and oversees sales within the business. He is also hands-on with T-Tech’s clients, a large number being the top 200 UK accountancy firms. Prior to T-Tech, Daniel worked at Deloitte as a Management Consultant for 4 years, on global transformational projects for some of the world’s largest banks. Shownotes:
- How accounting firms differ in their approach to technology from other sectors
- Why there are literally NO large accounting firms who are good with technology
- The three types of accounting firms when it comes to technology
- The single biggest reason accountancy firms have poor technology capability
- Why clients have such low expectations of their accountants and the disastrous effects of that
- What stops accountants from adapting better to technology in driving performance and profitability
- The three aspects of keeping up to date with technology that accounting firms encounter
- 'Born in the cloud' accounting firms usually tend to have less than 20 people
- Technology advancement in accounting firms is vital for better client service
- What accounting firms should do to avoid requiring so many different tech and software solutions
- The cost of new accounting software is actually only a small consideration in bringing it into your firm
- The biggest frustration in handling the Tech of a large accounting firm
- Accountants are strong business advisors but often not good at running a business themselves
- The key focus for accounting firms in coming years when it comes to technology
- The best way to deliver technology change to accountants
- The best ways to attract to talent to your accounting firm
- Accountants note - the staggeringly high % of a client tax return that is not added value
- Best advice for accountants who want to drive technological change through their firm
- The biggest reason IT projects fail in accounting practices
Daniel is a patron of Norwood, one of the largest charities in London, and is a cycling enthusiast. He has participated in multiple charity bike rides in different locations around the world. He enjoys family holidays and has completed over 30 sky dive jumps!
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