Can loyal clients come from web leads?
Plus: A look at how to solve accountancy's biggest issues.
Accountants, we finally have some answers. Thomson Reuter's state of industry report dives into accountancy's biggest hurdles, and delivered solutions to help you. Plus - did you see how much KPMG is paying its teenage interns?
Also in Today's Newsletter:
⚫ Small businesses feel ripple effects of major tech outage
⚫ Ways to convert web leads into loyal clients
⚫ Cannabis lawyer shares must-know info about schedule changes
⚫ How one Big Four firm is attracting next-gen accountants
-Bianca Prieto, Editor

Solving accountancy's top issues — can it be done?

Accountants today navigate a complex industry made difficult by understaffing, time pressures, changing tax laws and fluctuating cash flow.
These challenges, while significant, do not define the industry. Thomson Reuters Institute's 2024 State of Tax Professionals Report digs into the challenges — and the solutions — to these problems plaguing the industry.
Proven strategies can fortify your firm, optimize operations and position you as a leader in the field. By harnessing technology, cultivating talent and adopting forward-thinking approaches, you can confidently overcome obstacles and drive sustained success. Get the answers you need. (Thomson Reuters)

🎙 Converting website leads into loyal clients
"Responsiveness is really important and we have a higher conversion rate because of our initial responsiveness and our overall attentiveness throughout the sales cycle." - Stacy Dreher, director of practice growth at James Moore & Co.
Join podcast host Chris Camara and guest Stacy Dreher on the "Accounting Marketing" podcast as they dive into effective strategies for handling web leads. Learn how to convert online inquiries into loyal clients with practical tips and real-world examples. Plus, advice on common pitfalls to avoid for optimal lead conversion success. (Accounting Marketing)

$20 |
Big Four firm KPMG is offering high schoolers $20-22 per hour, plus a clothing stipend and meals during a three-week summer internship in an effort to entice more youth to enter into the industry. (CNBC)

🕵️ Is your payroll provider holding you back?
🛡️ Microsoft outage highlights accounting industry vulnerabilities
🚨 U.S. sanctions cartel accountants for timeshare scams
💼 Centralized accounting solution simplifies law firm finances
🌱 Cannabis lawyer reveals what accountants need to know about upcoming changes

Is Your Accounting Firm Falling Behind?
Numb1z Limited, a trailblazer in the industry, has unlocked the potential of AI to revolutionize their accounting practice. By automating mundane tasks and harnessing the power of data, they've achieved unprecedented efficiency gains and elevated client satisfaction. A Wolters Kluwer case study shows how Moira Robertson-Brown, Director at Numb1z Limited, led the transformation. Discover how to gain a competitive edge and future-proof your accounting firm. (Wolters Kluwer)
The Net Gains is your one-stop shop for fresh, FREE accounting insights. I'm Bianca Prieto, your editor, and I'm excited to build this community with you.
We'll be diving deep into industry updates, from tax strategies to the power of technology. What are your thoughts on today's newsletter? Am I missing something? Did you learn something valuable? Let's shape this newsletter together — email me and let me know!
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