Thought Leader - Hitendra Patil on a fresh look at the accounting firm business model

Hitendra Patil discussed the evolving role of accounting firms, emphasizing the shift from output to outcome. He highlighted the challenges of defining and demonstrating this difference to clients. Hitendra also noted changes in the business model of accounting firms, with a decrease in hourly fees and an increase in fixed fees. He suggested that accounting firms need to adapt to provide more than just numerical data to clients. Furthermore, he mentioned the impact of the pandemic and global economic challenges on clients' attitudes towards spending. Finally, he shared his personal hero, his father, and discussed his contact details. Hitendra R. Patil is the President of the Global Finance and Accounting Outsourcing Services of Datamatics Business Solutions , a strategic business of the Datamatics Group . Hitendra's new book, " Rise of The AiCCOUNTANTS ™: The What, Why, and How of Artificial Intelligence for Accountants," has been bought by accountants from nine countries across four continents. For an exclusive special offer only for Sage Advice Podcast listeners, click on this link -> Ed Sent Me . In the web form, please mention the words ED SENT ME.

You can listen to Thought Leader - Hitendra Patil on a fresh look at the accounting firm business model online on Radio and Podcast. Open the player on this page to stream the available audio.

Thought Leader - Hitendra Patil on a fresh look at the accounting firm business model is an episode from Sage Advice Podcast by Ed Kless.

This episode is 11:06 long.

This episode was published on Feb 27, 2024.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Sage Advice Podcast when more episodes are available from the podcast feed.