The headlines of a recent WSJ article say it all, "Small Firms Shift Toward Cloud-Based Software." The article goes onto say that eighty-five percent of small business are planning to increase their spending on software in the next five years. The reason is better data to manage their businesses, mobile applications, and new ways to engage and serve their customers.
We hear it all the time: "Technology is changing everything." Nothing could be further from the truth. Granted, technology is changing a lot of things. A key example: It's automating and commoditizing a lot of the core transactional services that CPAs have relied upon for decades.