In a short word, No!
The future of accounting is cloud-based and with the advantages so heavily out-weighting the best of which desktop can offer, legacy firms need to take decisive action NOW!
Not next week, not next month, it has to be NOW!!
We need to understand the speed at which accounting technology is moving, the rate is an increasingly steep upward curve and if everyday legacy firms don’t act, they are falling further behind. Modern cloud firms are steamrollering their way to success with slick processes, high value-added output and are often seen by clients as an investment, rather than a cost.
Legacy Practices have a lot of hurdles and challenges they need to overcome. Staff and clients should be at the forefront of thoughts throughout and all the projects may need to be broken down into bite-sized chunks. It can be scary, but the alternative is far scarier.
Cloud firms are growing at a rate that has never been seen before in the industry, the...