April 11, 2019 – In a recent Business First of Buffalo feature article, Al Nigro recently discussed the rise of technology as a means to more effectively serve clients on a broader basis via outsourcing, or client accounting services (CAS).
Banking & Financial Services
For decades, public accounting firms have provided bookkeeping services to clients that don’t have enough resources to employ full-time staff.
Businesses, especially small, would outsource the work to their accountants who would record financial transactions, send invoices and pay bills.
Because the work was very manual, it was often costly and therefore limited the amount of money that clients were willing to spend with accounting firms.
But times are changing. Thanks to cloud computing, client accounting services – a term that includes traditional outsourcing services, as well as deeper, more customizable work – is one of the fastest-growing segments of business in the accounting industry.
In Amherst, CPA Albert Nigro is in charge of Dopkins & Co. LLP’s client accounting solutions division…