The Accounting Podcast

Getting to know Acuity LIVE from AcuityCon in Atlanta


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Nov 08 2019 40 mins  
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Show Notes

  • 01:17 – Acuity - firm of the future today - operating almost completely with a remote workforce!
  • 03:54 – Is your job on the automation chopping block? Find out, here
  • 04:30 – Even with the gloom-doom reports, the demand for accountants is still going up | University of Oxford – Oxford Martin School
  • 06:14 – Kenji notes that the fear of automation is driving curiosity and adaptation in the face of such huge changes
  • 08:30 – Meet Sammy and Lisa!
  • 08:59 – Sammy defines bookkeeping as a combination of traditional bookkeeping services, some more listening, and more advisory
  • 09:37 – Lisa's definition of customer success is matching clients with the right tech, at the right time, so they can benefit from Acuity's full range of services
  • 11:29 – Bank feeds are a constant source of frustration for accountants and clients alike
  • 13:38 – Acuity's bookkeeping team uses a standard tech stack, including QBO and Xero, to ensure consistent service
  • 16:53 – Accounting FOR food trucks FROM a 'food' truck - a new career move for your hosts?
  • 17:42 – We ain’t afraid ’a no oversized accounting-tech ecosystem chart! | Accountex
  • 18:29 – Lisa thinks that eventually, the mind-boggling array of accounting apps are going to consolidate into bigger, better tools.
  • 19:01 – The Cloud Accounting Podcast - World-class recruiting tool! Listen, learn, and find excellent new hires!
  • 20:17 – Meet Graham and Ann!
  • 21:06 – Ann gives the rundown on Acuity's controller team functions
  • 23:02 – Graham explains how Acuity's CFO group makes life easier for clients
  • 23:52 – The bigger the data stack, the bigger the responsibility.
  • 24:19 – When do you need CFO services?
  • 27:01 – Graham shares some advice on getting into the advisory game
  • 30:04 – What is community-adjusted EBITDA?
  • 30:34 – Non-GAAP metrics can be used to get a clearer picture of a company's performance
  • 31:06 – GAAP might not be fairly addressing human capital, but Acuity is by investing in its people
  • 32:08 – Is accounting still relevant?
  • 32:51 – When it comes to providing stellar service, data is king, even if it's non-financial
  • 35:10 – The WeWork snafu is proof that the free market works
  • 37:02 – Adapt or die? | TechRadar
  • 37:59 – David says data is going to level the playing field and what really matters is people, culture, and company values

Connect with the Acuity Team

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.

Meet Blake and David in person!

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