Last week was the 2016 Accountant’s Technology Showcase Australia conference, which saw over 400 accountants converge on Melbourne’s Crown Casino for 2 days of learning and viewing the latest technology available to accounting firms.
We were lucky enough to attend ATSA as a Gold Sponsor and catch some great sessions and demos of the latest and greatest technology that’s out there.
ATSA is such a full-on 2 days and it can sometimes be hard to see everything you’d like, because of this we’ve decided to do a quick ATSA 2016 Wrap Up and focus on what we think were some of the most important takeaways from the conference.
Takeaway 1: Shane Jacobson is hilarious
Ok, so this probably isn’t really advice that you can use in your business but we just had to include it. Shane Jacobson was the guest speaker at ATSA’s Showcase Dinner and he had everyone in stitches. It was great to hear Shane speak about the inspiration behind his movie Kenny and his take on the Australian sense of humour; the ability to have a laugh in the face of adversity and just get on with it. Maybe that is something that we can apply in business after all?
Takeaway 2: Hacking isn’t always a bad thing
MYOB setup their own #TheHackStand and encouraged accountants to come and speak to their developers about what they’d like to see added to MYOB. Over the conference 3 teams worked away at developing new applications, with accountants voting for their favourite team.
The 3 teams were: Notice of Assessment Handler, GST Reconciliation and Mobile Authentication. The votes were tallied at the end of Day 2 and the winner was Team Mobile Authentication with their mobile document signing.
Takeaway 3: IT is no longer just an overhead
The key theme from this year’s ATSA was pretty clear; IT is no longer just an overhead, it’s a strategic arm of your business.
There was a strong focus on productivity throughout the conference, with many accountants wanting to know how technology can give them back time in their firms.
Our Service Delivery Manager Aron Robertson presented on how to make productivity improvements to your firm, through carefully analysing your business, setting KPIs and continuously reviewing your progress and making adjustments.
Many of the accountants we spoke to were concerned about a lack of strategy in their IT and this reflected in our vCIO Self-Assessment Survey, with 64% rating their process coverage (adherence to IT processes) a 3 out of 5 and 0% giving a rating of 4 or 5!
It is because of this concern around IT strategy that we launched our Virtual CIO (vCIO) Services to help align IT with a businesses’ goals.