CPA firms who embrace automation and AI will thrive, but the rest would really struggle to be relevant to the market.

In this engaging episode of the RightNOW podcast, host Derek Distin explores the evolution of accounting practices with Divakar Vijayasarathy, founder and CEO of DVS Advisory Group, examining how firms can transition from traditional structures to scalable business platforms.

The conversation reveals how the conventional "firm mindset" – where individual practitioners handle every aspect of their business – often leads to burnout and limited growth. Divakar shares insights from his experience helping accounting firms scale by identifying partners' unique strengths and liberating them from administrative burdens.

For firms looking toward the future, the message is clear: embracing automation and AI isn't optional – it's essential for survival in a rapidly changing profession. The discussion highlights the importance of delegation, collaboration, and the "art of association" – bringing people together effectively to create sustainable practices.

In a thoughtful exchange about personal growth, Divakar offers this crucial insight: "Focus your energies on understanding human beings rather than trying to understand business." This wisdom applies broadly to firm leaders contemplating what's next for their practices and seeking the mindset shift required to thrive in accounting's next evolution.

Join the conversation at RightNOW 2025 in Nashville, May 19-21, to explore these important topics with leaders and innovators shaping the future of the profession.

Resources:
RightNOW25 conference: https://www.rightworks.com/rightnow2025
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