accounting

Pro Serv Blogs

Why Now Is the Safest Time to Take the Riskiest Bet: Founders, Don’t Wait on AI

How much of your hesitation around AI is about real risk—and how much is about uncertainty?
Lately, I’ve had a lot of conversations with other founders about privacy and IP in the age of AI. Most are worried. They fear exposing client data, losing control of their IP, or stepping into a legal gray zone they don’t fully understand. Those are real concerns. But here’s the thing: every transformative technology starts this way: undefined, messy, and full of opportunity for the ones who move first.

Pro Serv Blogs

Is It Time to Replace Your Bookkeeper with AI?

Your business is growing fast. But your bookkeeping is not keeping up. Reports are late and disjointed. Mistakes are increasing. You’re working too hard to get basic financial data. Sound familiar? Here’s what most business owners don’t realize: You may not need another bookkeeper anymore. AI can now handle many bookkeeping tasks. Instead of posting job ads and training new hires, it may be time to explore a completely different solution to your bookkeeping problems.

Pro Serv Blogs

A Tale of Transformation: From Cash Accounting Chaos to Accrual Clarity

In the bustling world of boutique professional service firms, where expertise and innovation drive success, there lies an often-overlooked aspect of business that can make or break even the most visionary entrepreneurs: financial management. Today, I want to share a compelling story from within the Collective 54 community—a tale that underscores the critical importance of sophisticated financial practices and how embracing expert advice can lead to transformative outcomes.