Lean Accounting: What it is and Why your Business Needs it

By | June 28th, 2017|Accounting, Business|

Lean Accounting is the next big movement for companies looking to gain an edge. The term "lean" was coined in the 1990's to refer to the systematic reduction of waste in the manufacturing process. The purpose is to get rid of anything that does not add value to the product. Lean accounting is the same application except applied to the accounting process. This is not a new term, however, it is made all the more powerful by the opportunities presented with new technology. Your company can reduce the non-value adding processes of your accounting. The effects of this will be: Less [...]

Will Robots Take All Our Jobs?

By | May 24th, 2017|Technology|

If you listen to any current tech or business podcasts, chances are you will have heard one on how robots are taking over our jobs. The doomsayers say that computers (including robots and artificial intelligence) will have the capacity to overtake many jobs. Boston Consulting Group predicts that they will take over up to 25% of jobs by 2025. An Oxford University study shows this margin to be higher (35%) but gives a longer timeline of two decades. So what does this mean to you? - Well a lot. Maybe everything. I am an Accounting Futurist - What is that you say? Well [...]