How CPAs can capitalize on industry disruption

October 8, 2019

In business, “disruption” seems to be the name of the game, but what does it mean? How will it impact you? And what can you do to become a “disruptor” and not a “disruptee”?

Disruption isn’t innovation; it’s the changes a company makes to improve a traditional way of doing things in an industry. And, at the same time, disruption is assessing beforehand how those changes will impact the business. In the accounting world, disruption refers to the changes brought about by new technologies.

Now is a good time to consider adopting new technologies while also taking into account the potential consequences of doing so. To prepare for future success, take a step back and view your business from a new perspective.

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