Technology is integral to the success of businesses, especially as the world recovers from the effects of the global pandemic. Concurrently, outsourcing plays a crucial role in boosting the profitability of accounting firms. What happens when the two are put together? As practices struggle to survive in the highly competitive and challenge-ridden accounting industry, combining outsourcing with the benefit of technology offers tremendous scope. Join QXAS, MyWorkpapers, and Nick Hume of Xeinadin Group to explore the role of outsourcing and tech in fueling accounting firms’ profitability. The round-table discussion, scheduled for Wednesday, 7 December 2022, will provide accountants an exclusive opportunity to hear directly from the people who have experienced the driving impact of collaborative tech and outsourcing. As a part of the round-table discussion, you will learn: The importance of outsourcing in boosting accounting firms’ profitability The role of tech in transforming traditional accounting processes Why technology is the future of accounting and auditing The collaborative benefits of outsourcing and tech for accounting firms The panel includes: Nicola Reed – Account Manager, MyWorkpapers Nick Hume – Director, Xeinadin Group Sagar Ahuja – CEO, QX Accounting Services About the Speakers Nick Hume “To do for accountancy what Apple did to the phone, Tesla did to the car and Netflix did to entertainment.” – Nick Hume, Director, Xeinadin Group Passionate about growth and driving change, Nick Hume has elaborate plans to make Xeinadin Group one of the top audit firms in the UK. He advocates embracing technology and outsourcing to boost practice efficiency and profitability. He will share his experiences of bringing this collaboration into practicality and explain how to make it work. Nicola Reed Nicola Reed, Account Manager at MyWorkpapers, helps accountancy and audit professionals streamline workflow, eliminate admin, and boost productivity within their practice with SaaS solutions. She brings along a vast experience of functioning in the accounting industry and using tech to fuel practice efficiency. She will speak at length on the impact of technology on effecting business transformation and share her own experiences of doing so. Sagar Ahuja Sagar Ahuja, CEO of QX Accounting Services, is an accounting outsourcing evangelist. He has a successful track record of working with diverse accounting firms and helping them achieve great heights with outsourcing. He will share his insights on why outsourcing is crucial for growth-focused practices and how it can help accountants stay ahead of the growing competition. Event Details Topic: How can outsourcing and tech boost your profitability? Date: 7 December 2022 Time: 02:00 PM Registration Link: Webinar Registration – Zoom Pooja Kshirsagar With a rich experience of curating content for various industries, Pooja believes in the power of words in marketing and building brands. She enjoys experimenting with different forms of content and is currently on a mission to add value to the accounting industry through her detailed and researched write-ups. Unauthorized copying or plagiarism of our content is a violation of intellectual property rights. We take such matters seriously and will pursue legal action to protect our original work. Anyone found engaging in such activities will be held accountable under applicable laws. Originally published Nov 30, 2022 12:11:10, updated Aug 07 2024 Topics: accounting, Benefits of Outsourcing, Outsourcing, practice strategy, Technology Don't forget to share this post! Most Popular QX Recognised “Leader” by IAOP, Achieves “Sustained Excellence” distinction and “All Star” award QX INSIGHTS | 2 MIN READ Leading Women in Payroll: In Conversation with Lou Gray Growth | 10 MIN READ QB Connect 2020 : 11 Experts Reveal How to Own the Future in Accounting Growth | 6 MIN READ How Much Does it Cost to Outsource Accounting Services? Accounting & Bookkeeping | 7 MIN READ Pay-Roll, Camera, Action: Setting the Stage for Payroll 2021 Growth | 3 MIN READ Get a Free Strategy to Transform Your Business Operations Resolve the talent gaps, reduce costs, and improve your margins Get a Free Consultation