What CPAs Can Learn from a Software Startup
Summary
Many firms are integrating new technologies, launching fintech solutions, or even starting their own software businesses to solve industry-specific problems. In contrast, software businesses focus on scalability—developing products that serve many customers without proportional increases in cost or labor. A CPA firm can apply this mindset by: • ▪ Developing advisory services that rely on standardized, repeatable processes rather than just hourly billing. For CPA firms, this doesn’t mean replacing accountants with AI, but rather leveraging technology to enhance efficiency and free up time for higher-value services. Instead of waiting for the “perfect” solution, adopt a test-and-learn approach: • ▪ Pilot new services with a small group before a full rollout.