In this episode of Canopy Practice Success, Joe Woodard discusses the ongoing staffing crisis in the accounting profession. He highlights the role of AI and outsourcing in addressing these challenges and stresses the importance of a full-time, well-integrated team. Woodard also mentions his upcoming conference, Scaling New Heights, as an opportunity to explore cutting-edge AI technologies.
Three Main Ideas:
1. The Changing Nature of Accounting Talent
Joe Woodard discusses how the staffing crisis isn't just about a shortage of talent. It's a mismatch between traditional accounting roles and the skills required in a modern, tech-driven industry.
2. The Role of AI & Automation in the Future of Accounting
This episode highlights the rapid advancement of AI. Instead of resisting AI, firms should embrace AI-powered tools that integrate within their existing tech stack.
3. Outsourcing & Strategic Hiring
Although AI is rapidly advancing, firms still need human expertise. Woodard emphasizes the importance of hiring full-time employees over part-time or seasonal staff as it builds a strong culture and client relationships.
Listen on your favorite podcast platform:
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