Tips for knowledge transfer while working with offshore teams

Tips for Knowledge Transfer While Working with Offshore Teams

Outsourcing is common for accounting and bookkeeping tasks. Many accounting firms work with offshore teams to serve their clients. Outsourcing firms can bring better results when their offshore team is on the same page with the in-house team. An important aspect to look for here is the knowledge transfer to the offshore team. At Pransform,…

4 questions to ask about data security while working with offshore teams

4 Questions To Ask About Data Security While Working With Offshore Teams

Outsourcing in accounting is a common practice. You can focus on the core activities of your business by outsourcing the accounting function. However, you should consider outsourcing to the right firms. Data security is a growing concern for businesses as they work with offshore teams. Cloud computing enables collaboration and remote working. However, if not…

Top 5 Challenges for Individual CPAs

Top 5 Challenges Faced by Individual CPAs

Accounting professionals and individual CPAs face serious challenges in a rapidly changing economic world. The latest technology offers pivotal tools to offer valuable accounting services. At the same time, constant changes in technology, regulatory environment, and increasing competition make life harder for accounting professionals. Although none of these challenges are new, the solutions to these…

Accounting Outsourcing Challenges

Top 5 Accounting Outsourcing Challenges

Outsourcing accounting function has seen an accelerated trend in the past year. The Pandemic has caused many disruptions, one of them is newer challenges to the outsourcing industry. Managing expectations is a key challenge at first. Whether you’re outsourcing for the first time or considering a regular shift to remote working, managing expectations is the…

Remote Teams for Accounting Firms

4 Benefits of Remote Teams for Your Accounting Firm

Remote working and flexible job openings have seen a surge in recent months. The currently rising trend is mainly linked with the compulsion of Coronavirus caused pandemic, rather than a choice. All business sectors saw a significant disruption with the complexities of managing the business remotely being the biggest challenge. Accounting and CPA firms are…

The One Thing Your Clients Really Want

What is that THE one thing? As an accountant or tax professional, your services, knowledge, expertise, experience and wisdom are simply the means to delivering that one thing. Your office, computers, software, resources and everything else are just the means to producing the deliverables. But what is that THE one thing YOUR clients really want? Where…