Lessons
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The Accounting Reckoning for Buy Now, Pay Later
I was at the dentist a couple of weeks ago. Amid the usual posters about flossing, there was a sign for a payment plan. It wasn’t traditional financing. It was a Buy Now, Pay Later (BNPL) service. For dental work. BNPL is no longer a niche tool for online shopping. It has moved from sneakers…
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Why Your AI Strategy is Just an Expensive Wish List
I was talking to an architecture firm recently. They have decades of project data. Blueprints, material lists, timelines, client communications. Everything. They wanted to use AI to find efficiencies and get a competitive edge. There was just one problem. Their data wasn’t a mess, but it was stored in a dozen different formats across countless…
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Welcome to the Era of Hypervolatility in Accounting
A recent conversation between the head of the PCAOB and a reporter got me thinking. They talked about the massive changes hitting the accounting world. It’s not just one thing. It’s a combination of technology, new regulations, and global instability. It has made the job of an accountant more of a headache than ever. This…
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How AI Companies Are Paying for a Trillion-Dollar Habit
A question has been bugging me. We see these headlines every day. OpenAI raised $40 billion. Meta is spending $65 billion on AI this year. Elon Musk’s xAI pulled in $20 billion in a single round. These numbers are astronomical. OpenAI’s CEO Sam Altman recently got annoyed when asked how his company, with a reported…
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Is AI Really Taking All the Jobs? Yale’s Data Says Not Yet.
I see the headlines every day. Another tech company announces layoffs. The reason is always AI. It feels like a massive shift is happening right now. A robot revolution wiping out jobs left and right. But is that what’s really going on? I wanted to check the hype against the data. So I dug into…
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Is Finance Tech Finally Moving Beyond Just Cost Cutting?
I’ve been in a lot of rooms recently. The conversation often turns to managed services. The pitch is always the same. Finance tasks like bookkeeping are not strategic. They are a cost center. So let an outside firm handle it. Your CFO can then focus on “real” strategy. This has been the narrative for years.…
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Is Gen AI Actually Delivering ROI? Wharton and MIT Disagree.
I keep seeing conflicting headlines about Generative AI. One day it’s a revolution. The next it’s a failure. This paradox hit home recently with two major studies. A new report from Wharton says 75% of enterprise leaders see a positive return on investment (ROI) from Gen AI. But I clearly remember an MIT study from…
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The M&A Wave in Accounting: What’s Driving It?
I keep seeing headlines about another accounting firm getting bought. It feels like a weekly event. This isn’t just a trend for big tech companies anymore. It’s happening right in our own backyard. The accounting landscape is actively consolidating. Large, well-capitalized firms are strategically acquiring smaller ones. This is changing the structure of the industry.…
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Breaking Down OpenAI’s $38 Billion Deal with Amazon
It happened again. Another week another shocking AI deal. This time OpenAI is signing a massive cloud deal with Amazon Web Services (AWS). These announcements are becoming common. But the numbers are still hard to comprehend. I wanted to look under the hood. What does this deal actually mean for OpenAI and Amazon? And why…
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Your Next Client Won’t Google You. An AI Will Recommend You.
For years the game was simple. Get on the first page of Google. If someone searched for a complex financial question you wanted your firm’s white paper to be the top result. That was the core of digital marketing. SEO. Search Engine Optimization. I’ve watched this play out for over a decade. Firms poured resources…