Jason On Firms Podcast 393 Is $150/user/mo Too Much For Accounting Software!?
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Jan 3, 2025 Dive into the debate on whether $150 per user per month for accounting software is justified in today’s market. Discover how to optimize practice management tools for various firm needs and learn about the transformative impact of AI tools like ChatGPT. Explore the importance of capturing ideas to reduce mental strain and the challenges of updating legacy firms. Finally, gain insights on balancing traditional and modern accounting practices while fostering community support during transitions.
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Software Budgets Vary
- Accounting firms have vastly different budgets for software.
- Early-stage firms prioritize making a living and often take any work at lower rates.
Risks of Physical Files
- Jason Staats recalls an incident where an employee's car was broken into.
- The employee regularly took physical files home, highlighting the risks of paper-based systems.
Modern vs. Legacy Firms
- Modern firms charge premium fees for a better client experience by leveraging technology.
- Legacy firms struggle to adapt to modern tech and pricing models.
