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The Access Group Australia Blog

Articles to help you focus on the success of your people, your customers, and your organisation.

Kit Morris

Kendalls Behrens needed a new, cloud-based accounting practice management solution to remove time-consuming manual processes, improve workflow management and have a single source of truth for their reporting. After comparing multiple practice management solutions for several months, they decided to move to Access APS to improve their practice efficiency. 

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Whether you’re an experienced Chief Financial Officer (CFO) or Finance Director or relatively new to a finance leadership role, the CFO skills needed for success are the same. 

You are already likely to have strong mathematical and analytical abilities. You’ll be familiar with critical CFO and Finance Director responsibilities such as ensuring business sustainability, optimising cost controls and cash flow, and increasing profitability. 

From the start, becoming a successful chief finance officer can be challenging, especially in times of economic or business uncertainty when the business's financial health is in jeopardy. In this article, we look at the seven essential leadership skills to make a positive and lasting impact in your organisation and ensure success within the business. 

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Not all Chief Financial Officers (CFOs) are created equal – some are more effective than others at determining and leading the strategic direction of a business. CFO duties and responsibilities vary; everyone is different, and everyone brings their unique blend of skills and experience to the role. So, what makes a CFO successful? 

In this article, we examine the common personality traits shared by successful CFOs and the key elements and skills that will add to CFO effectiveness. 

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Kit Morris

If your accounting firm has an auditing function or division, you may wonder how AI and auditing can synergise to make your life easier. It’s hardly surprising, considering artificial intelligence has been on everyone’s lips this year, and every industry imaginable is chomping at the bit to apply AI to their daily operations. 

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Kit Morris

If you're an accounting practice owner, one of your primary goals is to stay relevant in the industry. However, without a clear plan for your accounting firm's growth strategy, you will not have an objective viewpoint of what is working and what is not. 

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Jo Sutton

All you need to know about outsourcing payroll processing in Australia.

Outsourcing payroll processing to a payroll company in Australia is an excellent way to save money, time and resources for businesses of all sizes. By opting for outsourcing payroll, businesses benefit by being able to manage their financial operations more efficiently and cost-effectively. Payroll outsourcing provides many benefits for employers and employees, including cost-efficient administration, faster processing times and improved accuracy and improvement to the overall employee experience.

In this blog, we'll explore why a payroll company processing your payroll is a smart idea. We'll also explore the key areas to consider when deciding whether outsourcing payroll is the right choice for your business.

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Kit Morris

If you're experiencing accounting firm structure challenges and want to take some inspiration on building a well-defined organisational structure, you've come to the right place.

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Kit Morris

If you're reading this article, you're an accountant who spends much time on admin tasks instead of focusing on your client's work. Repetitive tasks can take time away from higher-value work for your practice.

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The global fulfilment industry is booming. Ecommerce sales as a percentage of total retail sales worldwide rose from 7.4 per cent in 2015 to 18.8 per cent in 2021. By 2026, that figure is projected to reach 24 per cent.

In Australia, 80 percent of households made an online purchase in 2022. This amounted to $63.8 billion worth of online sales, representing an 18.1 per cent share of total retail spend. 

Much of this growth in online sales was of course accelerated by the COVID-19 lockdowns. But these figures are expected to keep on rising. An Australia Post study predicts that by 2033, around one in three dollars will be spent online.

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3PL (third-party logistics) providers now play a critical role in the supply chain, helping retailers service ever-increasing customer orders and expectations. But with these surging demands comes an increased pressure for 3PLs to enhance logistics effectiveness. And the key to doing so? By embracing new innovative ways of doing business – an imperative recognised by 71 per cent of 3PL partners and 91 per cent of 3PLs.1  

Warehouse management systems offers the innovation 3PLs need, helping them deliver faster, more efficient services, at scale. So, what revolutionary forms of technology are helping 3PLs save time, reduce costs and meet the surging demands of retailers? This guide will provide all you need to know by about smart warehousing trends delving into the following: 

  • What is the warehouse technology of tomorrow?
  • Top 3 warehouse technology trends 
  • What are online retailers demanding from 3PLs?
  • How warehouse technology provides a competitive edge 
  • What are the top 3 benefits of warehouse management software?
  • How warehouse management software drives down costs 
  • Why becoming a tech-enabled 3PL is essential 
  • How you can become a tech-enabled 3PL with Access Mintsoft

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