More than 300,000 accountants and auditors in the U.S. quit their jobs between 2019 and 2021. While some accountants are quitting due to factors outside of firm leaders’ control, such as changes in the market, others are quitting due to burnout, little opportunity for growth, and the threat of new technologies such as generative AI. […]
Among all the challenges today’s accounting firms face, burnout is perhaps the most alarming. A recent survey revealed that 99% of accountants and financial professionals are experiencing some level of burnout. This can lead to increased mistakes on the job. Because burnout is measured by factors that include an emotional detachment from work and a […]
Research shows that 65% of employees want to work remotely all the time, and they’re serious about it. More than: 55% say they’d look for a new job if their company stopped allowing remote work 30% of hybrid employees would take a pay cut to work remotely full-time It’s as simple as this: Professional services […]
Keep reading to learn more about strategies for fighting burnout and the potential benefits of coAmplifi, a powerful tool that aids in team organization and communication. Understanding Burnout and Its Effects Burnout is a state of chronic physical and emotional exhaustion resulting from prolonged exposure to stressors in the workplace. It can manifest as feelings […]
Digital collaboration tools include a wide range of technology. Video conferencing, instant messaging, and project management solutions contribute to productivity. A workforce management system is a single software platform that combines these key workforce functionalities. Many companies have deployed workforce management systems to support team collaboration, hoping that everyone will find it easy to meet, […]
“The purpose of an employee management system is to help improve workforce productivity, identify ways to engage and retain talent and alleviate administrative burdens for HR professionals. Achieving greater efficiency through the use of technology can also help control costs and minimize compliance risks,” according to payroll services provider ADP. Accurate Time and Attendance Tracking […]
People are one of the most important resources for any business, no matter what industry. Workforce management, which refers to the strategic use of a company’s workforce, focuses on optimizing an organization’s most treasured resource – its workforce – in support of performance excellence. Goals of Workforce Management Workforce management refers to the strategic use […]
Several types of project management software are available, so it’s important to find the one that’s right for you and your team. Project Management Software Features One of the primary objectives of project management software is increasing productivity by automating repetitive and time-consuming tasks. Another aim is to use data analytics to deliver meaningful project […]