Accountants vz Software Vendors with Radical CPA Jody Padar
Episode 58. In today's interview, "Accountants vz Software Vendors with Radical CPA Jody Padar."
Sometimes called the Kim Kardashian of Accounting Tech, Jody Padar is Head of Tax and Evangelism at April. She is described as the Radical CPA, thought leader, influencer and change maker in the accounting/fintech world.
Jody has been on the Accounting Today Top 100 Most Influential People List for the last ten years. She is the author of From Success to Significance: The Radical CPA Guide and The Radical CPA: New Rules for the Future-Ready Firm, and Botkeeper for Dummies. She wants to bring taxes into the digital age and lead the next generation of consumers and accounting professionals to a better relationship with tax filings. The idea of using AI and automation to transform industries and now taxes is a true love and Jody can't wait to develop, evolve and share a simplified and pleasurable tax experience.
Key takeaways from this episode include:
➜ why automation, AI, machine learning and bots are already here for accountants and CPAs, and those who wait will lose
➜ what disruption really looks like for the accounting profession and how AI is changing things
➜ how tax software hasn't really changed in 30 years, meaning the tech industry in accounting is ripe for disruption
➜ why being a CPA or accountant helps in developing software for the accounting profession
➜ the origins of April www.getapril.com in the tax world and its unique value proposition
➜ what accountants need to know about what's new in the movement of money in the tax software ecosystem
➜ how the neo banks and challenger banks have set the precedent for tax software and accounting firms for how businesses handle money
➜ how changes in tax software and automation will enable accountants and CPAs to deliver better advisory services
➜ the single biggest reason why so much money is coming into the accounting space from vendors, venture capitalists and private equity
➜ why not every manager in an accounting firm has to consider the promotion or partner route - there are other ways to career fulfilment
➜ what accounting firms must do to compete and become more valuable in today's rapidly changing world
➜ the two major factors that are driving change in accountancy practices
➜ why the fintech and software vendors really want to help accounting firms improve but sometimes accountants have to ask
➜ the extent to which software vendors engage CPAs and practitioners in the research and development process for new software products
Outside work, Jody loves to travel, walk and kayak. She has recently moved to Just moved to Northern Wisconsin USA to find beauty, peace, and lake living (Lake Michigan). Connect to Jody:
https://www.linkedin.com/in/jody-padar-18a9711
Twitter: @JodyPadarCPA
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