Podcasts about Offshoring

Chanie Gluck is joined by John Gwin, founder and CEO of The Auctus Group, a consulting firm specializing in financial and operational services for plastic surgeons and dermatologists. In this episode, John shares his passion for technology, leadership, and Revenue Cycle Management (RCM). John is also the Vice Chair of the HBMA Innovations Committee and the president of a nonprofit called BRAVE Coalition Foundation.  We delved into the unique structure of The Auctus Group, which employs over 100 team members across eight countries working remotely. John explained his innovative pod model, which fosters collaboration and empowers teams to make decisions collectively, rather than following a traditional hierarchical structure. This approach not only enhances organizational  communication but also promotes a strong company culture.  John then discussed the significant role that technology and AI plays in RCM. He shares insights into the technology tools that have transformed his operations, including DocVocate, Raxia, SuperDial, and more. He highlights the effectiveness of AI tools in improving patient payment rates and streamlining workflows. He also touches on the emerging trend of custom-built tech solutions that can be developed collaboratively, making advanced technology more accessible to smaller billing companies.  This episode is packed with valuable insights for anyone in the healthcare billing space, especially those looking to leverage technology to enhance their offshore operations.   You can learn more about Auctus Group here: https://auctusgroupconsulting.com/    Sponsored by 4D Global, empowering medical billing companies through offshore staffing. 

Episode Title: Ethical Accounting in the Age of Automation: Insights from Bench's ShutdownEpisode Summary:Tom and Jesse from FinOptimal return to the show to discuss the Bench shutdown with Hannah and Joey. Along the way they discuss the rise of AI in the industry, changes to the 150 CPE credit rule, memes, and how CPAs can better convey what they do to clients. The conversation underscores the importance of adaptability, effective communication, and maintaining professional standards amidst technological changes, using Bench's experience as a cautionary tale for the profession.Episode Quote:"No matter what, whoever stays on the cutting edge of what's new is going to be okay. If you have that much red tape and hesitancy to try new stuff, you're going to get left behind." -Tom ZehentnerThe finer details of this episode:● Recent developments surrounding the company Bench and its implications.● Impact of artificial intelligence and automation on accounting practices.● Pricing strategies and the sustainability of low-cost accounting services.● Importance of effective communication and client engagement in accounting.● Future of the accounting profession in light of technological advancements and market changes.Episode resources:●       Summit Virtual CFO by Anders website: https://www.summitcpa.net/●       Email us with questions or if you'd like to be a guest on the show: youngcpasuccessshow@anderscpa.com●       We're hiring! Check out our open positions: https://www.summitcpa.net/career-opportunities●       Check out Tom and Jesse at https://www.finoptimal.com/Timestamps:Podcast Episode TimestampsIntroduction to the Podcast (00:00:00)Overview of the podcast's purpose for young accounting professionals.Artificial Intelligence in Accounting (00:00:22)Discussion on the impact of AI and automation in the accounting industry.Bench's Downfall (00:01:01)Speaker reflects on Bench's failure and compares it to similar companies.Synopsis of Bench's Situation (00:01:46)Speaker provides a brief history and overview of Bench's business model and challenges.Bench's Business Strategy (00:03:10)Analysis of Bench's target market and pricing strategy in the accounting industry.Bench's Abrupt Closure (00:04:12)Details about Bench's sudden shutdown and subsequent acquisition.Discussion on Pricing and Market Position (00:05:16)Debate on whether Bench's pricing strategy contributed to its failure.Building a General Ledger (00:06:18)Insights on the challenges of developing a proprietary general ledger in accounting.Industry Reaction to Bench's Demise (00:08:00)Exploration of the accounting community's mixed reactions to Bench's failure.The Ethics of Offshoring (00:09:15)Concerns about the ethics of offshoring in the accounting industry.Echo Chamber of Opinions (00:10:10)Critique of the repetitive nature of industry opinions following Bench's downfall.Branding Issues in Accounting (00:14:00)Discussion on the lack of clear branding and definitions within the accounting profession.The Need for Standardization (00:15:04)Debate on the challenges of standardizing roles and services in accounting.Empowering the Accounting Community (00:17:49)Call for accounting professionals to charge more and elevate industry standards.Understanding Legal Fees vs. Accounting Fees (00:18:54)Discussion on the disparity in perceptions of value between legal fees and accounting services.The Need for Better Communication in Accounting (00:19:50)Emphasis on accountants demonstrating their value effectively to clients.Challenges in Marketing Accounting Services (00:20:59)Insights on the difficulties accountants face in marketing their services to business owners.Using Memes to Explain Accounting (00:22:06)Proposal to use memes as a tool to communicate accounting concepts to clients.The Importance of Relatable Communication (00:23:05)Advocating for a more human approach in explaining accounting to clients.Targeted Marketing Strategies (00:24:26)Discussion on tailoring marketing strategies to specific demographics like sports fans or millennial moms.Memes as a Service Concept (00:25:35)Idea of creating a service dedicated to developing accounting-related memes for marketing.The Role of Personal Branding (00:26:50)Exploration of how personal branding and visual cues reflect professional identity.Curriculum Changes in Accounting Education (00:28:20)Suggestion that accounting education should include marketing and communication skills.Concerns Over the 150-Hour CPA Requirement (00:29:26)Debate on whether reducing the 150-hour requirement will effectively address the accounting profession's challenges.Need for Practical Skills in CPA Certification (00:31:02)Call for more practical examinations in CPA certification rather than focusing solely on credit hours.Addressing the Accounting Pipeline Problem (00:34:09)Discussion on broader issues affecting the accounting profession, beyond just the 150-hour rule.Podcast Episode TimestampsThe Impact of AI on Jobs (00:36:38)Discussion on how AI won't take jobs, but those who adapt will thrive.Embracing Innovation in Accounting (00:37:00)The importance of trying new technologies to stay competitive in the accounting field.Automation Opportunities in Accounting (00:38:41)Exploration of a tool to automate the closed workbook reconciliation process.Finding the Right Solutions (00:39:15)Discussion on the challenges of finding comprehensive accounting solutions.Leveraging Technology for Efficiency (00:40:03)Insights on using Google Sheets and QuickBooks for effective accounting practices.Product Development and Features (00:46:01)Overview of new products being developed to enhance accounting efficiency.Building Trust in Technology (00:48:00)Importance of reliability in accounting software and the skepticism of accountants.Using Tools in Practice (00:49:10)The value of actively using developed products in real-world accounting scenarios.

Dexter Cousins speaks with Simon Lee, founder of Teamified, about the transformative role of AI in startups and recruitment. We discuss tactics on how to build and rapidly scale a startup by harnessing an offshore workforce augmented by AI agents.We also chat about the impact of AI on jobs and hiring, venture capital and the evolving landscape of entrepreneurship in Australia.And we also unravel why Fractional Executives may not be the right solution for Fintech startups.Simon shares his insights on building businesses with limited resources and the importance of health and passion in the startup journey. TakeawaysAI is significantly reducing hiring times and costs.Offshoring talent can provide access to specialised skills not available locally.The traditional path to entrepreneurship is changing with technology.AI is not just a tool; it's a game changer for startups.Health and well-being are crucial for sustained entrepreneurial success.The rise of AI will democratize business opportunities.Every SaaS application needs to be rethought in the age of AI.Chapters00:00 The Power of AI in Startups02:59 Teamified's Unique Approach to Recruitment06:03 Offshoring and Remote Work Dynamics09:04 The Impact of AI on Hiring and Recruitment11:23 The Evolution of the Job Market14:06 Democratizing Entrepreneurship with Technology17:12 AI Agents: The Future of Business?20:15 Optimizing Outsourcing Functions23:14 The Future of Recruitment and AI Tools29:52 The Future of Executive Roles in a Changing Landscape37:16 The Reality of Work: Expectations vs. Performance40:15 Prioritizing Health: A Shift in Perspective43:02 Passion vs. Burnout: The Balancing Act44:38 The Impact of AI on Business and Employment46:07 Democratisation of Business: Opportunities for All48:45 Starting a Business with Limited ResourcesFind out more - https://teamified.com.auSend us a textSubscribe Newsletter: https://www.linkedin.com/newsletters/fintech-leaders-7092732051488980992/Connect on Linkedin: https://bit.ly/3DsCJBp

Tiffany English is the founder and driving force behind Access Offshoring, an offshore recruitment company, specialising in bridging the gap between local businesses and exceptional talent in the Philippines. With an extensive background in business improvement and change management, her career has led her to develop a deep understanding of what it takes to create sustainable growth – which predominantly comes back to the right systems and of course, the right people. Tiffany also has a profound philanthropic mission that drives her purpose, with an aim to dedicate a substantial part of her time to giving back and making a positive impact on society. To learn more or contact Tiffany go to https://accessoffshoring.com.au or message Tiffany English at LinkedIn or contact me brian@franchisesimply.com.au or 1300 960 136.

Joel's article: https://www.linkedin.com/pulse/tariffs-strong-dollar-cros-offshoring-joel-white-me9bc/?trackingId=Pv0LnGOUQmWDojORS4GFOA%3D%3DInato: https://go.inato.com/3VnSro6CRIO: http://www.clinicalresearch.ioMy PatientACE recruitment company: https://patientace.com/Join me at my conference! http://www.saveoursites.comText Me: (949) 415-6256Listen on Spotify: https://open.spotify.com/show/7JF6FNvoLnBpfIrLNCcg7aGET THE BOOK! https://www.amazon.com/Comprehensive-Guide-Clinical-Research-Practical/dp/1090349521/ref=sr_1_1?keywords=Dan+Sfera&qid=1691974540&s=audible&sr=1-1-catcorrText "guru" to 855-942-5288 to join VIP list!My blog: http://www.TheClinicalTrialsGuru.comMy CRO and Site Network: http://www.DSCScro.comMy CRA Academy: http://www.TheCRAacademy.comMy CRC Academy: http://www.TheCRCacademy.comLatinos In Clinical Research: http://www.LatinosinClinicalResearch.comThe University Of Clinical Research: https://www.theuniversityofclinicalresearch.com/My TikTok: DanSfera

Outsourcing podcast Get the full show notes for this outsourcing podcast here: outsourceaccelerator.cm/525   Frank Consult In this week's episode of the Outsource Accelerator Podcast, Derek speaks with Amy Skinner of Frank Consult. A veteran recruiter, Amy now serves as the firm's Director and Offshore Consultant.  They talk about how Amy and Frank Consult help companies get set up for offshore services through consultation and recruitment services, as well as some of Amy's experiences in the outsourcing industry.   References: LinkedIn: https://www.linkedin.com/in/askinner1/                 https://www.linkedin.com/company/frank-consult/ Email: amy@frankconsult.com.au Start Outsourcing Outsource Accelerator can help you transform your business with outsourcing. Get in touch now, or use one of the resources below.   Business Process Outsourcing Get a Free Quote - Connect with 3 verified outsourcing experts & see how outsourcing can transform your business Book a Discovery Call - See how Outsource Accelerator can help you enhance your company's innovation and growth with outsourcing The Top 40 BPOs - We have compiled this review of the most notable 40 Business Process Outsourcing companies in the Philippines Outsourcing Calculator - This tool provides you with invaluable insight into the potential savings outsourcing can do for your business Outsourcing Salary Guide - Access the comprehensive guide to payroll salary compensation, benefits, and allowances in the Philippines Outsourcing Accelerator Podcast - Subscribe and listen to the world's leading outsourcing podcast, hosted by Derek Gallimore Payoneer - The leading global B2B payment solution for the outsourcing industry   About Outsource Accelerator Outsource Accelerator is the world's leading outsourcing marketplace and advisory. We offer the full spectrum of services, from light advisory and vendor brokerage, though to full implementation and fully-managed solutions. We service companies of all sectors, and all sizes, spanning all departmental verticals. Outsource Accelerator's unique approach to outsourcing enables our clients to build the best teams, access the most flexible solutions, and generate the best results possible. Our unrivaled sector knowledge and market reach mean that you get the best terms and results possible, at the best ALL-IN market-leading price - guaranteed.

In this episode of the Biz/Dev podcast, David and Gary go guest-free and get real about the biggest client pain points we're hearing right now. From the lingering fear of AI (spoiler: it's not coming for your job—unless your job is really boring) to what's actually working for businesses embracing AI today, we break it all down.Offshoring vs. U.S.-based development is a hot debate, and we're pulling back the curtain on why Big Pixel is 100% U.S.-based (and why that decision matters for our clients). Links: In The Soup PodcastBig Pixel Website___________________________________ Submit Your Questions to: hello@thebigpixel.net OR comment on our YouTube videos! - Big Pixel, LLC - YouTube Our Hosts David Baxter - CEO of Big Pixel Gary Voigt - Creative Director at Big Pixel The Podcast David Baxter has been designing, building, and advising startups and businesses for over ten years. His passion, knowledge, and brutal honesty have helped dozens of companies get their start. In Biz/Dev, David and award-winning Creative Director Gary Voigt talk about current events and how they affect the world of startups, entrepreneurship, software development, and culture. Contact Us hello@thebigpixel.net 919-275-0646 www.thebigpixel.net FB | IG | LI | TW | TT : @bigpixelNC Big Pixel 1772 Heritage Center Dr Suite 201 Wake Forest, NC 27587 Music by: BLXRR

The Fight for America's Future: In-Depth Discussion with Paul Craig Roberts In this detailed and thought-provoking podcast episode, the hosts engage in a comprehensive discussion with Paul Craig Roberts about the current state of American politics and society. The conversation delves into the challenges facing Donald Trump's presidency, the entrenched power of the establishment, and the looming threats from both domestic and international fronts. Topics include the influence of the Israel lobby, the risk of war with Iran, the Federal Reserve's economic impact, and the pervasive reach of the deep state. Additionally, the conversation touches on historical perspectives of U.S. governance, its transformation over decades, and the cultural and political strife shaping the nation's future. This episode is crucial for understanding the significant dynamics at play in American politics today and the critical juncture at which the country stands.   00:00 Introduction: The Power Struggle 01:29 Interview with Paul Craig Roberts 02:58 Trump's Political Challenges 06:42 The Establishment's Influence 07:56 The Role of DEI and Legal Discrimination 10:49 The Fight Against the Deep State 12:52 The Institutionalized Establishment 21:59 The Executive Power Trend 34:40 Historical Context and Government Control 40:24 The Return of Slavery: Income Taxes and Government Control 40:54 Trump's Proposal: Eliminating Income Tax 41:28 Offshoring and Its Impact on American Manufacturing 43:02 The Decline of American Cities 46:50 Regulatory Agencies and Corporate Interests 48:27 COVID-19 Vaccines and Public Health Concerns 50:31 The Deep State and Trump's Challenges 53:37 Global Politics: Europe, NATO, and Western Civilization 56:34 Trump's Vision and the Establishment's Resistance 01:02:28 The Future of America: Hope and Challenges 01:03:07 Historical Reflections: Nixon, Reagan, and Trump 01:12:28 Final Thoughts and Farewell

In this episode, Mark sits down with Krish Sritharan from Solutions Centric to discuss the evolving role of offshoring in accounting firms. They explore the most significant challenges firms face today, the importance of a strategic approach to offshoring, and key factors to consider when selecting a provider. Krish shares best practices for building high-performing offshore teams, managing staff across time zones, and leveraging technology to maximise efficiencies. Whether you're new to offshoring or looking to refine your strategy, this episode offers valuable insights to help your firm succeed. www.solutionscentric.com.au

When you think about offshoring, restoring, or nearshoring, you're probably thinking about cost. Certainly, the cost of labor and energy is a primary deciding factor when it comes to offshoring, restoring, or neashoring decisions. But what about the hidden costs of offshoring? This is a subject our guest knows a lot about. John Gardner writes about the hidden costs of offshoring and the increasingly apparent benefits of nearshoring. He is the author of Manufacture Local: How to Make America the Manufacturing Superpower of the World.

Today, we're exploring a topic that's top-of-mind for many practice leaders: workforce optimization. Specifically, how can strategies like offshoring, artificial intelligence, and robotic process automation help you future-proof your workforce while driving down costs and increasing efficiency? Did you know that workforce costs account for nearly 60% of total expenses in most medical practices? What if there was a way to cut those costs while improving efficiency? Here's the reality: in most medical practices, workforce costs account for the majority of expenses. Salaries, benefits, overtime—it all adds up fast. But what if there were ways to significantly reduce those costs while still delivering excellent care and support to your patients? That's exactly what we're going to explore today. Please Follow or Subscribe to get new episodes delivered to you as soon as they drop! Visit Jill's company, Health e Practices' website: https://healtheps.com/ Subscribe to our newsletter, Health e Connections: http://21978609.hs-sites.com/newletter-subscriber Want more content? Find sample job descriptions, financial tools, templates and much more: www.MedicalMoneyMattersPodcast.com  Purchase your copy of Jill's book here: Physician Heal Thy Financial Self Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ Visit Craig's website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/

It's that time of year again! I'm joined by Bill D'Alessandro, and we're bringing you our eCommerce predictions for 2025. We'll lay out our expectations for the coming year, tackling topics from sweeping global economic shifts to the cutting-edge role of AI in eCommerce. Listen in as we dive into what 2025 might hold for the eCommerce world, touching on topics such as the Trump administration, nuclear energy, and Bitcoin. We'll also discuss how political and economic developments could shape the marketplace, the increasing shift toward offshoring, and how integrating AI into daily operations could transform business efficiencies and competitive dynamics. You can find show notes and more information by clicking here: https://bit.ly/3ZJQwNr Interested in our Private Community for 7-Figure Store Owners?  Learn more here.   Want to hear about new episodes and eCommerce news round-ups?  Subscribe via email.

Offshoring virtual assistants came with challenges. Learn how I tackled them and found success, even with no prior experience!

Gallup Reports: The percentages of Americans who are satisfied with their personal lives have been tracked since 1979. In a Gallup poll conducted from January 2 to 22, 2024, 78% of U.S. adults reported being satisfied with their personal lives. When multiple readings are recorded in a year, the percentages represent annual averages.   Jenna Hatch, the founder of Project Outsource, believes that genuine connections—not just efficiency—are key to business growth. By prioritizing empathy and collaboration, Jenna helps businesses streamline their operations while maintaining a personal touch. If you're looking to grow your business without losing the human element, she is the expert you want to consult.   “I was born and raised with a victim mentality, viewing life as something that happened to me. This changed in my early 20s when my perspective shifted dramatically, much like Dorothy's experience in Oz. I consider myself a jack-of-all-trades and a master of anything I set my mind to. I thrive in the in-between, navigating life while juggling various challenges. I love every messy, chaotic moment of it and aspire to help others do the same.”   For more information: https://www.projectoutsource.co/  Follow: @jennamhatch  

"Offshoring made in Germany" ist der Podcast, der Einblicke in die Welt des Offshorings mit Fokus auf die deutsche Wirtschaft gibt. Hier erfährst du, wie Unternehmen erfolgreich Geschäftsprozesse und Dienstleistungen ins Ausland auslagern, um Kosten zu senken, Effizienz zu steigern und neue Märkte zu erschließen – und das alles im Einklang mit den hohen Standards und Erwartungen der deutschen Industrie. Es geht um die Darstellung des industriellen Wandels und darum warum es für die Industrie und andere Branchen nur wenig Alternativen gibt. Euer Thomas G. Montag

In this engaging episode of The Wize Way Podcast, Brenton Ward is joined by Ed Chan and Jamie Johns to unpack the essentials of managing offshore teams for accounting and bookkeeping practices. The conversation kicks off with a discussion on the ideal financial margins when setting up offshore teams. They delve into the significance of achieving and sustaining profitability through strategic pricing and resource management.They also covers the pivotal role of technology and security in ensuring a successful offshore operation. They provide actionable advice on the right tools and protocols needed to maintain data integrity and protect against cyber threats.Listeners will gain valuable insights into practical staffing strategies that enhance productivity and foster a seamless partnership between onshore and offshore teams. Whether you're initiating an offshore team or refining your existing processes, this episode offers crucial guidance tailored to help your practice thrive.Tune in to glean wisdom from seasoned experts and elevate your offshore team management game. Your next step in optimizing your practice starts here!________________ PS: Whenever you're ready… here are the fastest 3 ways we can help you fix and grow your accounting firm: 1. Download our famous Wize Freedom Strategy Map for FREE - Find out the 96 projects every firm owner must implement to build a $5M+ firm that can run without them - Download here 2. Need to Hire right now? Book at 1:1 FREE hiring assessment with our WizeTalent recruiters to help find your next best employee locally or offshore – Click Here 3. Book a 1:1 Wize Discovery Session – Spend 30mins with our Wize CEO, Jamie Johns, a $7M firm owner who is ready to give you his entire business plan to build a firm that can run without you – Find out more here

Join me for a fascinating conversation with Josie Van Scholten, Managing Partner of Valenta, a global company specializing in offshoring, AI and robotic process automation. Josie is a recovering practice administrator, and focuses on working with medical practices to future proof their workforce. She and I discuss how offshoring works, how best to partner with companies like Valenta, and what opportunities there are for medical practices with offshoring.We also touch on technology use of AI and RPA for medical practices to assist with shoring up the workforce given the ongoing shortages of talented medical support staff. Josie can be found on LinkedIn at: https://www.linkedin.com/in/josie-van-scholten-420650139/ and Valenta can be found here: https://www.linkedin.com/company/valenta/ Josie can be reached via email at: josie.vanscholten@valenta.ioPlease Follow or Subscribe to get new episodes delivered to you as soon as they drop! Visit Jill's company, Health e Practices' website: https://healtheps.com/ Subscribe to our newsletter, Health e Connections: http://21978609.hs-sites.com/newletter-subscriber Want more content? Find sample job descriptions, financial tools, templates and much more: www.MedicalMoneyMattersPodcast.com Purchase your copy of Jill's book here: Physician Heal Thy Financial Self Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ Visit Craig's website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/

In this conversation, Rohan Kulkarni, Executive Research Leader at HFS Research, and John Squeo, Sr. Vice President, Healthcare Providers at CitiusTech, discuss the findings of the HFS Horizons HCP Service Providers 2024 study. They highlight healthcare systems' challenges, particularly financial pressures and the need for holistic care. They also explored the evolving role of technology in healthcare, emphasizing the importance of interoperability and personalized care to improve patient outcomes. You will learn: Financial pressures take center stage for health systems and hospitals that inform their buying behaviors. Service provider capabilities and attitudes shift toward the possibilities as they get bolder. Despite progress, opportunities continue to be missed to address the triple aim of care. The HFS Horizons: Healthcare Providers (HCP) Service Providers, 2024 is a must read and can be found at https://www.hfsresearch.com/research/hfs-horizons-hcp-service-providers-2024/

Aleksandra Gosiewski of Keel Labs talks about harnessing the ocean to create biobased materials. OUTLINE (00:00) Introduction (00:50) Education and career path (01:39) Origin of Keel Labs (03:45) Sustainability (05:37) Offshoring (07:23) Technology and product (08:14) Manufacturing (13:47) Material performance (15:38) Biodegradability (16:46) Economics (17:50) Traction (18:46) Value ecosystem (20:53) Impact (24:11) Suppliers (25:02) Challenges  (27:06) Risks (28:55) Vision and exit strategy

In this episode of The Wize Guys Podcast, hosts Kristy Fairbairn and Thomas S. Phabmixay discuss the strategic advantages of building an offshore team, addressing key areas such as:How to get started with offshoring  Building an offshore team- step to growing your business  Reasons why offshoring is a win-win for all  This episode is a must-listen for business owners looking to expand intelligently and sustainably through offshoring!________________ PS: Whenever you're ready… here are the fastest 3 ways we can help you fix and grow your accounting firm: 1. Download our famous Wize Freedom Strategy Map for FREE - Find out the 96 projects every firm owner must implement to build a $5M+ firm that can run without them - Download here 2. Need to Hire right now? Book at 1:1 FREE hiring assessment with our WizeTalent recruiters to help find your next best employee locally or offshore – Click Here 3. Book a 1:1 Wize Discovery Session – Spend 30mins with our Wize CEO, Jamie Johns, a $7M firm owner who is ready to give you his entire business plan to build a firm that can run without you – Find out more here

In this episode, we invite University of Texas at Austin doctoral candidate Kaitlyn Kroeger to discuss her research on the effects of public accounting firms offshoring their services.

Episode Summary: In this episode of Practice Growth HQ, I chat with Irina and Alison about the real impact of offshoring for dental practices. Irina's been in the game for a while, handling reception work and even social media marketing. Alison's the new kid on the block, focusing on patient recalls and fielding inbound calls. Together, they're reshaping what “remote support” really means for Australian dental practices, proving you can get high-quality help without the extra overhead. In this episode, Irina and Alison break down what it's really like working offshore, how they're trained, and why offshoring is a smart, scalable move for practice owners. If you're looking to get back time, cut costs, and free yourself from daily admin, you've gotta listen to this episode! What you'll learn:  (01:31) The day-to-day tasks of Irina and Alison, from recalls to social media (03:57) How smart social media strategies drive new patient referrals (07:18) Why training a dental star is practically hands-off, thanks to solid onboarding (08:03) How they keep communication smooth with daily check-ins (11:12) How accents and a multicultural approach blend effortlessly with patients (13:45) Self-training and resource-sharing that makes them self-sufficient (15:30) Integrating into your workflow like they're part of the in-house team (16:27) How a Dental Star frees you up for high-priority, high-impact tasks Plus loads more!  Links and Resources:  Website: https://dentalstars.com.au/   

Discover how fragmentation and global expertise are transforming pharmacy operations. Saleem Shah and Tanya Chianese from CPCG dive into optimizing tasks, leveraging offshore talent, and evolving employee roles. Learn practical ways to enhance efficiency, cut costs, and elevate patient care—all in this engaging episode.

"They swapped out ‘accounting' for ‘advisory' in CAS, but I still believe it's 'client accounting and advisory services.' At scale, especially with small businesses, it's hard to separate the two. You need a foundational understanding of their accounting model to help architect it in a way that truly tells their story." – Adam Hale The finer details of this episode:The shift from compliance work to advisory roles in accounting.Differences between traditional accounting firm structures and mature CAS practices.Importance of leveraging resources and delegating tasks within accounting firms.Financial metrics and profitability considerations in CAS practices.The concept of selling access rather than time in service pricing.The role of regular meetings in managing client expectations and scope creep.Adoption of a corporate-like structure for improved efficiency and adaptability.The impact of a subscription model on client relationships and service delivery.Strategies for accounting firms to remain competitive in a changing industry.Episode resources:● Summit Virtual CFO by Anders website: https://www.summitcpa.net/● If you have questions or would like to be a guest on the show, email us at mcpasuccessshow@anderscpa.com● Check out the Virtual CFO Playbook Course: https://vcfoplaybook.summitcpa.net/ Timestamps:Welcome and Introduction (00:00:00)The host introduces the podcast and its mission to provide insights for accounting firms.Overview of CAS (00:00:22)Tom and Adam discuss Client Accounting Services (CAS) and advisory services, highlighting their significance.Defining CAS (00:00:46)Adam explains the evolution of CAS from "Client Accounting Services" to "Client Accounting and Advisory Services."Importance of Accounting in CAS (00:01:02)Adam emphasizes understanding accounting models for effective advisory services, especially for small businesses.Traditional vs. CAS Structures (00:01:52)Discussion on differences between traditional accounting firms and mature CAS practices, focusing on corporate structure.Leveraging Resources in CAS (00:02:06)Adam talks about the importance of leveraging resources and delegating tasks for scaling CAS practices.Transitioning from Traditional Models (00:03:29)Tom shares challenges faced by accounting firms transitioning from traditional models to more scalable structures.Financial Metrics in CAS (00:04:35)Adam discusses financial metrics, contrasting traditional firm profitability with CAS models and their structures.Understanding Profit Margins (00:06:19)Tom and Adam analyze profit margins in CAS compared to traditional firms, aiming for higher profitability.Building Client Relationships (00:09:24)Tom highlights the importance of long-term relationships with clients for smoother operations and better service.Delegation and Offshoring (00:10:06)Discussion on the necessity of delegating work and utilizing offshore teams to enhance efficiency.Measuring Performance in CAS (00:11:59)Adam explains the shift from traditional hourly metrics to responsibility-based performance measures in CAS.Book of Business Targets (00:12:57)Tom and Adam discuss the importance of setting clear book of business targets for team members.Compensation Structure in CAS (00:13:39)Adam outlines how compensation structures differ in CAS, focusing on book of business rather than hours worked.Efficiency Over Hours (00:16:32)Tom advocates for valuing efficiency and client satisfaction over the number of hours worked.Promoting the Virtual CFO Playbook (00:17:33)An unnamed speaker promotes a virtual CFO playbook aimed at helping firms scale and improve client experience.Selling Access in Advisory Services (00:18:30)Tom and Adam discuss the concept of selling access in high-level advisory services, shifting the value proposition.Access to Advisory Services (00:18:51)Discussion on the unpredictability of advisory work time and the subscription model for client access.Managing Client Expectations (00:19:41)Strategies for addressing scope creep through scheduled meetings and clear communication with clients.Rethinking Practice Structure (00:20:20)Encouragement to adopt innovative practices beyond traditional models for growth and efficiency.Corporate Structure in Accounting (00:20:31)Exploring the benefits of a corporate-like structure in accounting practices for better resource sharing.Closing Remarks and Resources (00:21:01)Invitation to visit the website for more tips on achieving success in modern CPA firms.

The imitable Zephyr Teachout wrote a fantastic piece that everyone seems to be reading about why tariffs and the trade issue play such an outsized role in elections and how Trump has set a tariff trap to try to ensnare the Democrats. In our latest episode of the Rethinking Trade podcast, Lori Wallach sits down with the renowned Fordham law professor. The discussion is especially interesting because Zephyr ran for Congress in a swing district in 2016 and saw her lead — along with Hillary Clinton's — disappear as Trump realized the power of the trade attack. Even if you don't have time to read the piece (and you should, and we have it on our website) this short, but powerful conversation is fascinating.

Blake and David examine why Trump may win in 2024, discussing immigration's economic impact on working-class wages and how this could affect voting patterns, particularly in border states like Arizona. They also look at the AICPA's selection of Mark Koziel as its new president, questioning whether the organization truly advocates for average CPAs. Moving on, they discuss Intuit's controversial TurboTax marketing campaign and consider why Berkshire Hathaway is reducing its BOA stake due to concerns about unrealized losses in the bank's bond portfolio.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowZoho - http://accountingpodcast.promo/zoho Practice Protect - http://accountingpodcast.promo/protectChapters(00:33) - Introduction and Grand Canyon Adventure (02:29) - Padgett Business Model and Amanda's Role (04:19) - Sponsors and Election Involvement (06:00) - Why Trump Will Win: Analyzing the Numbers (06:29) - AICPA Leadership and Industry News (10:29) - Earmark's Growth and Future Plans (24:11) - Immigration Debate and Economic Impact (43:30) - Economic Factors in Trump's Election Loss (44:21) - Ad Break: Zoho Practice Management (46:07) - Impact of Abortion and Immigration on Elections (47:42) - Offshoring and Wage Suppression in Accounting (49:49) - AICPA's Role in Offshoring and Technology (54:05) - Introducing Mark Koziel: New AICPA President (57:48) - Ad Break: Practice Protect Cybersecurity (01:00:04) - Debate on Abortion and Political Affiliations (01:04:50) - Banking Crisis and Economic Policies (01:07:02) - Intuit's Controversial Ad Campaign (01:15:19) - Warren Buffett's Stance on Bank of America (01:25:00) - Conclusion and Upcoming Events  Show NotesDo immigrants really take jobs and lower wages?https://www.npr.org/2024/06/28/1197959366/immigration-economics-mariel-boatliftEscalating Cyber Threats Demand Stronger Global Defense and Cooperationhttps://blogs.microsoft.com/on-the-issues/2024/10/15/escalating-cyber-threats-demand-stronger-global-defense-and-cooperation/American productivity still leads the worldhttps://www.economist.com/special-report/2024/10/14/american-productivity-still-leads-the-worldPublic sector talent shortage: Unique challenges require unique solutionshttps://www.journalofaccountancy.com/news/2024/oct/public-sector-accounting-challenges.htmlIntuit asked us to delete part of this Decoder episodehttps://www.theverge.com/2024/10/21/24273820/intuit-ceo-sasan-goodarzi-turbotax-irs-quickbooks-ai-software-decoder-interviewBuffett's Berkshire Trims BofA Stake Closer to 10%https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-10-08-2024/card/buffett-s-berkshire-trims-bofa-stake-closer-to-10--EQHbm5iLN4LTvbgNW29WNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifieds Client Hub - https://clienthub.app/Forwardly - https://www.forwardly.com/Coefficient - http://accountingpodcast.promo/coefficentexpoWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Episode Summary: In this episode of Practice Growth HQ, I'm catching up with Claire and Frankie from Dental Stars to talk about how businesses—including dental practices—are using offshoring to save time, cut costs, and get more done. Claire, the Operations Manager, and Frankie, the top Supervisor, share their experience of running offshore teams that help businesses run smoothly, without the headaches of managing it all in-house. If you've been thinking about how to make your business (or practice) work smarter, this is the episode for you!    What you'll learn:  (01:19) What Dental Stars does and how it supports dental practices (02:00) How Claire went from studying agriculture to managing an offshore team (03:45) Frankie's role in keeping the team running smoothly (06:30) How Dental Stars finds and trains the right people (09:00) What the onboarding process looks like for new team members (11:15) How ongoing training keeps things running like clockwork (12:32) Will your patients know you're offshoring? (17:30) Why more dental practices are turning to offshoring to scale up (18:00) How to make offshoring work for your practice  Links and Resources:  Website: https://dentalstars.com.au/

Jenna Hatch shares what makes her business different than any other Offshoring Company. Jenna Hatch CEO Project Outsource, DrivingBusiness Innovation through Networking and Offshoring. Business Growth through Outsourcing. Find Your Pivotal Moment! https://www.projectoutsource.co https://www.linkedin.com/in/jenna-hatch

In this episode of The Wize Factor Chat, Jaycen Wilson and Brett Angus, co-founders of Element Accounting & Advisors discuss their journey of transforming their accounting firm with the help of Wize Mentoring.Jaycen and Brett share how they started their firm in 2014, initially working within a flat structure that left them overwhelmed and stuck in day-to-day operations. They recount the early challenges of modernising their firm—bringing everything into the 21st century—and how Wize Mentoring's 'deep and narrow' model helped them systematise their business, reduce workload, and grow smarter.Key insights include their shift from trying to find "superstar" employees to focusing on extraordinary systems that allow ordinary people to excel, as well as the importance of buying into the Wize Mentoring process fully to achieve success.If you're looking for inspiration on how to build a business that runs without you and want to hear how Jaycen and Brett are implementing Wize Mentoring's strategies to achieve long-term growth and freedom, this is the episode for you.________________ PS: Whenever you're ready… here are the fastest 3 ways we can help you transform your accounting/bookkeeping practice: 1. Join 40,000+ subscribers to our transformation Friday tips – Every Friday, our Wize Mentor and Thought Leader of the Year, Ed Chan will send one actionable insight from his experience of building a $20 million accounting firm that still runs without him – Subscribe here 2. Download one of our famous Wize Accountants Growth Playbooks – Our FREE Playbooks on how to build and scale your firm are more valuable than most PAID business coaching programs! See for yourself – Download here 3. Join the waiting list for a free login to the world's best accounting business intelligence software for scaling your firm. Take a look at the app we use to build our own $10million firm in just 7-hours a week – Get a FREE login here

He's back! And does he have some great new research, insights and perspectives to share on this episode of the All Things Considered CX podcast.  John Goodman joins me to talk about AI, Offshoring, Delighting customers, the latest info related to focused research on CPG customer delight and so much more!   John has joined me several times in the past and always has an informative, thought-provoking topic to discuss and this conversation is no different. John is Vice Chairman of Customer Care Measurement and Consulting (CCMC). The universal adages, “It costs five times as much to win a new customer as to keep an existing one.” and “Twice as many people hear about a bad experience as a good one.” are both based on his research. CX metrics are always hot topics but John's straightforward, no-nonsense approach to them is refreshing!#CXM#CX #CXMPodcast#AI#customerexperience

China is building joint-venture factories in the USA. According to The Institute for Energy Studies, China will own enough solar manufacturing plants in the United States to serve about half of the nation. We discuss what China and US can get through cooperations. Find out more with Jason and BeiBei. Hosted on Acast. See acast.com/privacy for more information.

In this inspiring episode of Leaders in Medical Billing, Chanie Gluck sits down with Josh Fertel, owner of J3RCM, to discuss his remarkable journey into the medical billing industry. Pivoting from 30-years in the car business to founding his own medical billing company at the age of 57, Josh shares how personal challenges and a passion for learning led him to his career change. This episode explores the importance of networking, the role of communication in business success, and the entrepreneurial mindset that drives Josh's success. Tune in to hear his story and gain valuable insights for your business!     Timestamps 00:00:00 - Introduction and Host's Background 00:00:32 - Guest Introduction: Josh Fertel 00:00:47 - Josh's Career Transition to Medical Billing 00:01:42 - Overcoming Health Challenges 00:02:23 - Learning Medical Billing During Recovery 00:03:02 - Starting J3RCM and Early Success 00:03:32 - Challenges and Unique Perspective in Medical Billing 00:04:20 - Networking and Client Acquisition 00:05:16 - Building a Knowledgeable Team 00:05:49 - First Major Project: Chronic Care Management 00:06:46 - Launching the Angry Biller Podcast 00:07:01 - Frustrations with Physicians' Business Knowledge 00:08:48 - Enjoyment and Purpose of Podcasting 00:09:47 - Communication as a Key Business Focus 00:11:09 - Managing a Remote Team 00:12:45 - Networking and Learning from Industry Leaders 00:13:05 - Host's Business Journey and Offshoring 00:16:01 - Growth and Networking Strategies 00:17:05 - Client Referrals and Specialties 00:18:22 - Software Preferences and Challenges 00:19:13 - Future Goals and Success Metrics 00:20:04 - Planning for the Future 00:20:20 - Contact Information and Closing Remarks

On this show, Heather Satterley and Joe Woodard discuss the intricacies of outsourcing and offshoring strategies, focusing on how businesses can leverage these approaches during a staffing crisis. Here are the key points discussed in the episode: Outsourcing and Offshoring: Joe and Heather went through the details of different models depending on company size and can even addressed how this practice can be great for small firms and solo practitioners. TV and Movie Segment: Heather is rewatching Game of Thrones and loves this quote from Daenerys Targaryen: "I'm not going to stop the wheel, I'm going to break it". Joe talked about this quote from Rings of Power: "What cannot be known hollows the mind. Fill it not with guesswork." Book Segment: Dare to Lead by Brene Brown. The author also has a great TEDTalk called, "The power of vulnerability" Social Media Segment: Heather mentioned this X post from @LilyTranTax and Joe mentioned a random X post with an amazing play on words. Here is a link to the image Joe referenced. Woodard Report Article Recommendation: Heather recommended "Thriving in Accounting: The Importance of Lifelong Learning" Thank you to our show sponsor! Rightworks — All your accounting apps, unified in the cloud Learn more about the show and our sponsors at Woodard.com/podcast

Are you facing a talent shortage? Offshoring may be the answer. Our guest Laurence Whittam of Impact Global Solutions discusses tapping into global talent pools to boost your firm's capabilities. From selecting the right offshoring model to building successful remote teams, Laurence shares practical advice for small firms. Discover various offshoring models, practical implementation steps, process efficiencies, strategies for driving client growth and more. Discover how to transform your business with the PCPS Outsourcing Toolkit for CPA Firms.  Connect with our guest Laurence Whittam via LinkedIn. This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments welcomed at podcast@aicpa-cima.com

Maximizing Multifamily Efficiency Through Offshoring with Stephanie Versin | Multifamily Collective Ever wondered how offshoring could revolutionize your multifamily operations? From hiring the right team to maintaining your brand culture, today's guest shares invaluable insights! Welcome back to Multifamily Collective! In today's episode, Mike Brewer sits down with Stephanie Versin, a multifamily expert with a wealth of experience in offshoring operations and centralized leasing. Stephanie shares her journey of implementing offshoring strategies to enhance efficiency, cut costs, and elevate customer service in the multifamily space. Tune in to discover: • The difference between offshoring and outsourcing, and why it's crucial to know. • How to recruit and manage offshore teams to align with your company culture and values. • The challenges and opportunities of offshoring, including maintaining brand consistency and integrating diverse cultures. • Practical steps for ensuring your existing team embraces change and feels valued throughout the process. Whether you're considering offshoring or looking to refine your current strategy, Stephanie's insights provide a basis for the thoughtful exploration of options. If you found this episode helpful, please like, subscribe, and share your thoughts in the comments below. Have you implemented any offshoring and centralization strategies? What have you learned? Let's navigate the future of multifamily operations together! --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-brewer/support

Join Jamie Shanks, Founder & CEO at Get Levrg, for an enlightening session on the current trends with offshoring and nearshoring. We will explore which regions are trending for which skillsets and cost differences between regions. We will delve into how to leverage offshore talent for both back office and front office work. Discover the numerous benefits of offshoring, including cost savings, access to a global talent pool, and increased operational efficiency. 

IN THIS EPISODE...Prioritizing niche expertise transforms post-signature work relationships by fostering deeper trust and alignment. When vendors excel in a specialized area, they bring unparalleled value, making them indispensable partners. This focus sharpens collaboration, enhances communication, and ensures that both parties are committed to a shared vision, driving long-term success.This episode features Kirk Mitchell, the Director of the Vendor Management Office at Blue Cross Blue Shield Association. He leads the development of supply base operating capacity, impacting healthcare operations for over 5 million Americans. Kirk excels in creating and managing complex IT relationships, contracts, and sourcing projects, delivering valuable solutions for BCBS Plans.------------Full show notes, links to resources mentioned, and other compelling episodes can be found at http://BlendedWorkforcesAtWork. (Click the magnifying icon at the top right and type “Kirk”)If you love this show, please leave us a review. Go to http://RateThisPodcast.com/blended Love the show? Subscribe, rate, review, and share! Be sure to:Check out our website at http://BlendedWorkforcesAtWork Follow Karan on LinkedIn, X, and InstagramFollow SDL on LinkedIn, X, and InstagramABOUT SHOCKINGLY DIFFERENT LEADERSHIP (SDL):This podcast is brought to you by Shockingly Different Leadership, the go-to firm companies trust when needing to supplement their in-house HR teams with contract or interim HR, Learning, and Culture experts to assist with business-critical People initiatives during peak periods of work. Visit https://shockinglydifferent.com to learn more.-------------WHAT TO LISTEN FOR:1. What are the key responsibilities in managing complex contracts?2. How can diverse teams collaborate effectively in contract management?3. What benefits come from partnering with smaller vendors?4. How can small businesses stay relevant with larger clients?5. What are the trade-offs between offshoring and onshoring?6. How does legal design help manage complex contracts?7. Why are stakeholder skills crucial for leadership?------------FEATURED TIMESTAMPS:[02:37] A Peek into Kirk's Life Outside Work[03:49] Core Responsibilities of Kirk's Job[06:40] Collaboration and Coordination in Contract Management[07:33] Collaborating with Vendors[09:07] Vendor Sourcing and Integration[11:23] The Benefits of Partnering with Smaller Vendors[14:45] Strategies for Small Businesses and Self-Assessment[18:57] The Trade-Offs of Offshoring vs. Onshoring[23:00] Signature Segment: Kirk's entry...

Are you trying to hire for your firm?We transform accounting & bookkeeping firms by building exceptional leaders, teams, and systems that get results. Find out how we can help you find your next local or offshore team member: https://www.wizementoring.com/wizetalent-thankyou/________________In this week's episode of The Wize Guys Podcast, Brenton Ward sits down with Ed Chan and Jamie Johns to explore the transformative impact of offshoring on accounting and bookkeeping practices. Ed shares his perspective on offshoring as a win-win strategy, emphasizing its role in keeping client fees competitive, providing pay raises for local staff, and aiding countries in need. Jamie highlights how offshoring has boosted capacity and strengthened team relationships at Sky, sharing a success story where an offshore team member was recognized in a client's annual report for their significant contribution.Tune in to learn more!________________ PS: Whenever you're ready… here are the fastest 3 ways we can help you transform your accounting/bookkeeping practice: 1. Join 40,000+ subscribers to our transformation Friday tips – Every Friday, our Wize Mentor and Thought Leader of the Year, Ed Chan will send one actionable insight from his experience of building a $20 million accounting firm that still runs without him – Subscribe here 2. Download one of our famous Wize Accountants Growth Playbooks – Our FREE Playbooks on how to build and scale your firm are more valuable than most PAID business coaching programs! See for yourself – Download here 3. Join the waiting list for a free login to the world's best accounting business intelligence software for scaling your firm. Take a look at the app we use to build our own $10million firm in just 7-hours a week – Get a FREE login here

Brad Setser is the Whitney Shepardson senior fellow at the Council on Foreign Relations. His expertise includes global trade and capital flows, financial vulnerability analysis, and sovereign debt restructuring. He regularly blogs at Follow the Money. Brad served as a senior advisor to the United States Trade Representative from 2021 to 2022, where he worked on the resolution of a number of trade disputes. He had previously served as the deputy assistant secretary for international economic analysis in the US Treasury from 2011 to 2015 and as a director for international economics on the staff of the National Economic Council and the National Security Council. This podcast covers yen carry trade dynamics, FX intervention, Japan fiscal dynamics, and much more.    Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive

I've built remote teams for over a decade. If you want to hire offshore team members, make sure you avoid these 7 big misconceptions.

In this episode's discussions around the Community Table: A firm owner dealing with discipline problems stemming from her firm's understaffing is frustrated. Feeling they have the upper hand, some employees are taking advantage of the situation. How can the owner regain control? What's the best way to staff up? In-office, remote, or even offshoring some tasks? Christopher and guest Joey Seeber of Level Legal share tips about building a team, from in-house to offshore.  An attorney wants to know if he should borrow to expand his firm in a competitive market. It's OK to borrow money, but only if you start knowing how you plan to pay it back and what you expect in return.  Evaluating the results of an affinity or educational marketing plan when there's no direct call to action. It all comes down to new client acquisition and the Five Commandments of Marketing!  Mentioned in This Episode: Legal Soft Join the next Community Table live. What's on your mind?

In this episode's discussions around the Community Table: A firm owner dealing with discipline problems stemming from her firm's understaffing is frustrated. Feeling they have the upper hand, some employees are taking advantage of the situation. How can the owner regain control? What's the best way to staff up? In-office, remote, or even offshoring some tasks? Christopher and guest Joey Seeber of Level Legal share tips about building a team, from in-house to offshore.  An attorney wants to know if he should borrow to expand his firm in a competitive market. It's OK to borrow money, but only if you start knowing how you plan to pay it back and what you expect in return.  Evaluating the results of an affinity or educational marketing plan when there's no direct call to action. It all comes down to new client acquisition and the Five Commandments of Marketing!  Mentioned in This Episode: Legal Soft Join the next Community Table live. What's on your mind?

Mike Beckham is co-founder and Chief Executive Officer of Simple Modern, a leading producer of premium drinkware and lifestyle products. Founded in 2015 and based in Oklahoma, SimpleModern currently generates a nine-figure annual revenue and is committed to generosity, donating at least 10% of annual profits to nonprofit organizations. Under Mike's leadership, the company has grown into a category leader for Amazon, Target, Walmart, and Sam's Club. We discuss: Building Simple Modern during the peak of Yeti's domination Hypergrowth strategies and living in a future with AI The power of product licensing and building moats The disadvantages of selling products online We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.  https://www.thefortpod.com/survey Links Simple Modern Mike on X Topics (00:00:00) - Intro (00:03:48) - Starting Simple Modern (00:15:46) - How much thought do you need to put into a product as simple as a cup? (00:17:51) - The Stanley Phenomenon (00:22:06) - Influencer marketing (00:24:15) - The pros of hiring your friends (00:33:21) - Learnings from spending 10 years as a pastor (00:43:43) - Hypergrowth (00:48:05) - AI (00:55:23) - Product Licensing (01:04:00) - Building moats (01:09:07) - Does Amazon take more and more margin out of products as you grow? (01:18:35) - Becoming an ESOP (01:27:01) - Offshoring and China (01:34:22) - What are some disadvantages to selling online? Support our Sponsors Better Pitch: https://bit.ly/42d9L0I Fort Capital: https://bit.ly/FortCapital Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/ Chris on Social Media: X: https://bit.ly/3BYIjcH LinkedIn: https://bit.ly/45gIkFd   Watch The Fort on YouTube: https://bit.ly/3oynxNX Visit our website: https://bit.ly/43SOvys Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO  The FORT is produced by Johnny Podcasts

Blake and David take a dive into Google's decision to offshore accounting jobs to Mexico and India, which Google's CFO claims is necessary to free up resources to invest in AI. They also discuss the stagnation of CPA salaries despite a shortage of talent. The conversation touches on a variety of other topics, including the modernization of the IRS, the future of the CPA profession, and advice for young accountants looking to carve their own career paths in a rapidly changing industry.Sponsors Relay - http://accountingpodcast.promo/relay Zoho - http://accountingpodcast.promo/zohoKeeper - http://accountingpodcast.promo/keeperSettle - http://accountingpodcast.promo/settleChapters(05:53) - Blake reads some tweets about hours people are working during busy season (10:52) - Unlimited PTO is worse for employees (13:22) - College degrees aren't necessary for success (20:24) - Florida creates retired CPA status (23:35) - Listener mail on the 150-hour rule and salaries (29:16) - Update on Boston's commercial real estate woes (33:48) - Why office rent prices are still so high (43:10) - Some encouraging IRS news (48:27) - Internal audit reveals 279 former IRS employees or contractors still had access to logins (52:12) - Offshoring can be good or bad (54:04) - Setting a limit on billable hours (55:50) - Let accounting firms decide what requirements accountants need (58:08) - The rise of the "remote partner" (01:04:00) - Wrap up and Earmark now has a web browser version  Show NotesGoogle restructures finance team as part of AI shift, CFO tells employees in memohttps://www.cnbc.com/2024/04/17/google-restructures-finance-team-as-a-part-of-ai-shift-cfo-tells-employees-in-memo.html Josh Youngblood, EA didn't work over 40 hours per week in tax seasonhttps://x.com/joshyoungblood/status/1779858374403747847?s=12 Skills-Based Hiring Can Shred the Paper Ceiling | BCGhttps://www.bcg.com/capabilities/diversity-inclusion/expert-insights/skill-based-hiring-can-shred-paper-ceiling The Office Market Is in Turmoil. So Why Are Rents More Expensive? – WSJhttps://www.wsj.com/real-estate/commercial/the-office-market-is-in-turmoil-so-why-are-rents-more-expensive-d096f961?st=9ieavh5j7ep3wcw Florida Legislature Passes Bill Creating New Retired CPA Status | Florida Institute of CPAshttps://www.ficpa.org/publication/florida-legislature-passes-bill-creating-new-retired-cpa-status Kyle J. Bauman, CPA on X: "“Unlimited PTO” “Only 2100 Hours”https://twitter.com/kjb_cpa/status/1763595505928442248 62% of Americans Lack a College Degree. Can They Solve the Labor Shortage?https://www.wsj.com/lifestyle/careers/employers-open-more-doors-to-workers-without-degrees-but-few-are-getting-in-732f1098 Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff | CFOhttps://www.cfo.com/news/senior-leaders-are-nearly-twice-as-likely-to-receive-ai-guidance/707230/ IRS didn't remove contractors' access to sensitive information | Accounting Todayhttps://www.accountingtoday.com/news/irs-didnt-remove-contractors-access-to-sensitive-information Boston mulls commercial tax hike        https://www.accountingtoday.com/articles/boston-mulls-commercial-tax-hike-to-counter-office-market-slump IRS Commissioner Delivers End Of Tax Filing Season Message Touting Improvementshttps://www.forbes.com/sites/kellyphillipserb/2024/04/15/irs-commissioner-delivers-end-of-tax-filing-season-message-touting-improvements/ Florida Creates New Status for Retired CPAs in the State          https://www.cpapracticeadvisor.com/2024/04/15/florida-creates-new-status-for-retired-cpas-in-the-state/103983/ Treasury cash balance jumps most in 2 years as tax payments risehttps://www.accountingtoday.com/articles/treasury-cash-balance-jumps-most-in-2-years-as-tax-payments-rise The rise of the remote accounting firm partner               https://www.accountingtoday.com/news/the-rise-of-the-remote-accounting-firm-partner Werfel sees IRS budget request yielding $341B in extra revenuehttps://www.cfodive.com/news/werfel-sees-irs-budget-request-yielding-341b-extra-revenue-tax-taxation-enforcement/713534/ Google restructures finance team as part of AI shift, CFO tells employees in memohttps://www.cnbc.com/2024/04/17/google-restructures-finance-team-as-a-part-of-ai-shift-cfo-tells-employees-in-memo.html Despite moratorium, IRS gets 20,000 ERC claims weekly, Werfel sayshttps://www.journalofaccountancy.com/news/2024/apr/despite-moratorium-irs-gets-20000-erc-claims-weekly-werfel-says.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.com...

Edson Greenwood is a seasoned professional with a distinguished background in leadership and strategic management. Edson graduated from the U.S. Naval Academy in 2003, where he developed a strong foundation in discipline and integrity. Following his military service, in 2012, he earned his MBA from NYU Stern School of Business. Edson has held key positions at prestigious organizations, including impactful roles at The Blackstone Group and Palantir Technologies, where he played pivotal roles in business operations and strategy.  Currently Edson is the Chief Operating Officer at Anvyl Inc., a leading software startup. In this role, he leverages his extensive experience to oversee operational functions and drive the company's growth trajectory. Edson continues to make significant contributions to the corporate landscape, embodying the principles of dedication, innovation, and strategic vision.SHOW SUMMARYIn this episode of eCom Logistics Podcast, Dan Coll interviews Edson Greenwood, COO of Anvyl, at Manifest 2024 to discuss the current landscape of eCommerce logistics. They delve into emerging trends, challenges, and the evolving role of technology in supply chain management. From inventory management to supplier communications, they explore key areas of focus for businesses in 2024.HIGHLIGHTS[00:00:23] Trends in technology investment: 74% of respondents are likely to invest in technology in 2024, focusing on inventory management, supplier communications, and production management.[00:01:54] Shift towards offshoring and nearshoring: Companies are exploring production partners in South America, Mexico, and North America amid concerns and disruptions in traditional manufacturing hubs like China.[00:02:54] Importance of production management: As businesses grapple with supply chain complexities, there's a growing realization of the critical role of production management in ensuring overall operational success.[00:05:32] Challenges in technology adoption: Suppliers face hurdles in adopting new tools, emphasizing the need for user-friendly solutions that integrate seamlessly into existing workflows.[00:10:26] Market research insights: Survey results indicate a heightened focus on technology adoption, with inventory management emerging as a top priority for retail brands.QUOTES[00:00:23] "A lot of those responses were focused on three main areas, which were inventory management still, supplier communications, and production management."[00:02:54] "Everyone was focused on inventory or was focused on logistics and, understandably But I think there's been a lot of effort put into those areas that are now bringing people back to the point where, Hey, if there's problems with my orders, all this other stuff is gonna be wrong, too."Find out more about Edson Greenwood in the link below:LinkedIn: https://www.linkedin.com/in/edson-greenwood-415ba9b/Anvyl Youtube channel: https://www.youtube.com/@anvyl

Join Tom Wheelwright as he discovers the steps to building a remote team for your hometown business with guest and founder of Samera Global, Arun Mehra. Through Samera Global, Arun helps other accountants with their resourcing and offshoring needs. With almost twenty years of commercial experience and knowledge in business, Arun's expertise is valued by hundreds of businesses across the UK. His financial acumen and know-how, along with his hands-on commercial expertise have helped clients, large and small, new and established to achieve great things. In this episode, learn how offshoring and outsourcing may be vital for your business to stay competitive, the benefit of 50-60% cost reductions, solutions to potential challenges, and what quality resources are available to you. Order Tom's book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Acquisitions Anonymous, Michael and Heather discuss a startup offering fractional virtual assistant and executive administration staffing services. They dissect the business's revenue, services, technology stack, competition, and reasons for sale. Despite the business's attractive revenue and customer base, they express skepticism about its profitability, questioning the claimed proprietary technology and discussing challenges in the virtual assistant industry. They analyze the recurring revenue model, customer acquisition costs, and potential profitability strategies, highlighting concerns about scalability and market competition. Additionally, they explore different staffing business models and advise potential buyers to scrutinize the offer and make informed decisions based on their assessment of the business's value and viability. Check out the listing here: https://app.acquire.com/startup/hGWo2ndPdMPPWZXm1PzNrm0nQPP2/ezq9cNQHR4Q8PAscMjEOAcquire.com is the online marketplace to buy and sell startups.Join 200k+ entrepreneurs closing life-changing deals. Buy and sell startups in as little as 30 days, supported by the best advisors and tech.Thanks to this week's sponsor:Are you looking to buy, grow, invest in, or sell profitable businesses? Well, guess what? The M&A Launchpad Conference is happening on May 11th, 2024, in Houston, Texas, and you're going to want to be there. It's a one-day event where you can network with individuals who've been there, done that—think successful business owners, savvy acquirers, and private equity investors.At the M&A Launchpad Conference, attendees will gain first-hand insights from over 30 industry experts who have masterfully navigated the journey of acquiring, operating, scaling, and ultimately selling businesses for significant returns, including Walker Deibel WSJ & USA Today bestselling author of Buy and Then Build.And because you're awesome and part of the Acquisitions Anonymous community, we've got a sweet deal for you—200 bucks off your ticket. Just head over to malaunchpad.com and enter the code AA at checkout to claim your discount. I'll say it again, head over to malaunchpad.com and enter the code AA at checkout to claim your discount. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

Accountants run into many hiring and staffing-related challenges. You want to know:Which role to fill nextWhere to find talentIf it's time to go offshoreHow to hire well the first time. Because there are so many questions related to hiring and staffing, I am doing a series of podcast episodes to get insight into the problems and solutions related to staff and hiring challenges. Making hiring mistakes is expensive—in terms of money, time, and emotional investment. Making a great hire can really pay off. I want to help you hire as well as you can. In this episode, my guest, Isaac Smith, founder of TeamUp, takes us through five painful hiring mistakes to avoid when going offshore.…Hey CPA firm owner, glad you found the podcast. If you feel like you've become trapped by your own accounting firm, you're fed up PiTB clients who get you their stuff late, don't appreciate the value you provide, and complain to you when you don't turn it around on a dime, I can help you stop the chaos and end the long hours, without losing revenue. If you like the podcast, join 4200+ other CPAs who get Vitamin G, my daily dose of single-tip business strategy delivered straight to their inbox: Subscribe here: geraldinecarter.com/subscribeReaders say they love it because they're short and on point.…Want to get your life back while protecting your revenue?Here are a few ways I help overworked CPAs:STOP WORKING WEEKENDSA free five-day email course to teach you how to get your hours down without giving up revenue. https://geraldinecarter.com/stop-working-weekendsGET LOTS OF ANSWERS FASTFor the solo CPA with a bunch of rapid-fire questions they want answers to, like:How high can I go on prices without sending my clients running?What do you think of my niche?How do I upsell my legacy clients?What's the script for talking to prospects about higher-level and Advisory services?What do I put in my tiered packages?Book a single strategy call with me, to get answers to questions like these and more. It's covered by my 100% satisfaction guarantee. If at the end of the call, you don't feel like it was worth it, just say the word and I‘ll refund your purchase in full. geraldinecarter.com/call$495DOWN TO 40 HOURS CPA MASTERMINDFor the overworked CPA at six figures of revenue who wants to stop working weekends and wants to implement overdue changes, but has trouble doing it alone:Get guidance on prices, packages, and becoming more specializedDisengage problem clients without blowing a hole in your firmHave a community of like-minded CPAs on a similar journey to share what you're working on, bounce ideas off, and get accountabilityMake more progress faster and with more ease. Guaranteed to get you down to 40 hours. geraldinecarter.com/$7500

I'm delighted to welcome Derek Gallimore, an esteemed authority on the global workforce. Our discussion today will focus on a significant shift in this domain, and we'll explore the potential implications with an open mind. Get his book Inside Outsourcing: How Remote Work, Offshoring & Global Employment is Changing the World on Amazon.About the book:OUTSOURCING IS THE BAD BOY OF BUSINESS, blamed for poor quality, unethical salaries, inhumane conditions, and even the ruination of industrialized economies. Yet, Apple, Google, JP Morgan, and almost every Fortune 500 company outsources, and the industry is growing at breakneck speed.Hiring an offshore team can save a company 70% on its staffing costs and offer previously unimaginable access to a near-infinite pool of 2 billion highly qualified professionals. It's a game changing proposition for businesses.Globalization and technology are connecting the world's 8 billion people into one single online economy. For three decades, the outsourcing industry was a sleeping giant, generating $200 billion annually, and employing tens of millions of people, but mostly invisible to the traditional economy.Now, the giant is waking. Only recently has outsourcing become an option for small and medium-sized businesses. Previously, due to technological limitations, it was the exclusive domain of the big multinational conglomerates. Many smaller businesses have now heard of offshoring, but few really understand its full potential or how it can be applied to their company.What does outsourcing really mean for the typical business, entrepreneur, or manager? Should they embrace this movement or run from it? Is outsourcing really the devil incarnate or a misunderstood force for good? Will it cause the downfall of economic stability in the West or catalyze humanity's next step-change in prosperity and innovation?Inside Outsourcing takes a deep dive into the origin of outsourcing, its current state, and likely future. It explores the high-level concept, drills down into the mechanics, offers clear insights for its practical application, and provides actionable advice for businesses of all sizes exploring its potential.This book is a must-read if you don't want to miss this game-changing opportunity.It's super easy to access our archives! Here's how: iPhone Users:Access Mysterious Radio from Apple Podcasts and become a subscriber there, or if you want access to even more exclusive content, join us on Patreon. Android Users:Enjoy over 800 exclusive member-only posts to include ad-free episodes, case files, and more when you join us on Patreon.  Please copy and Paste our link in a text message to all your family members and friends! We'll love you forever! (Check out Mysterious Radio!)