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Workflow scheduling optimization technology tracks and evaluates PTO data and generates the best scheduling options for completing tax returns on time.
Optimization techniques on tax return and client data metrics are reviewed.
Centralized tracking PTO tools will curb cost risks and ensure policy compliance and smooth operations across the firm. New options discussed include: customized PTO types, manager notification, and year-to-year transfers.
Many accounting industry influencers have advocated switching from the traditional billable hours method to value pricing, but one strategy rarely fits all situations or firms. Firm/project value pricing strategies are discussed in conjunction with client variability, received value, and overall project cost.
Firms often under or over value utilization metrics simply by incorrectly assuming the number of hours in each month or year, but it doesn’t have to be this way. Utilization techniques and metrics are discussed for better financial reporting and accuracy.
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