Thomson Reuters has officially launched Thomson, the company’s first proprietary large language model, developed in-house. Frontier labs have typically spent billions of dollars on compute and years of infrastructure investment to reach the frontier. Thomson Reuters started from an open-source foundation and invested $40 million to train Thomson into the right intelligence for the jobs… Continue reading Thomson Reuters Launches Proprietary LLM
Author: Seth
Is Going ‘All In’ With AI the Answer?
It was not long ago that the rallying cry of all accounting and business application makers was “all in” with the cloud. Now that same bravado is being seen with AI, but will it be enough to progress these same cloud businesses like Xero in the eyes of their intended market? Where the profession will… Continue reading Is Going ‘All In’ With AI the Answer?
The Value of Vulnerability
Accountants are often very guarded but caring, all of which can lead to some level of stress and even lack of progress. But if there’s one thing to be learned from being around them, especially at a gathering like at Bridging the Gap (BTG), it is that when accountants let that guard down and share… Continue reading The Value of Vulnerability
When Accountant Marketing Goes Wrong
Usually I’m speaking directly to firm owners and decision makers, and maybe indirectly I am with this, but by and large, and mostly with the best intentions, how accountants are marketed to needs serious improvement. I don’t want to entirely point the finger at those doing the marketing (namely vendors and service providers looking to… Continue reading When Accountant Marketing Goes Wrong
Thoughts on the Future of Accounting
In this recent discussion with Zane Stevens on the Protea Conversations podcast, we get into so many things, from personal to professional. But most pointedly, we get real about the future of accounting.
The End of the Tech Stack?
There’s rarely an accounting firm today that functions without a tech stack of some sort, most of which have been built out of a need to solve specific problems or client work. But with the onset of AI and what it can currently and potentially do, could we be looking at the end of the… Continue reading The End of the Tech Stack?
Rewriting the Accounting Script
Finding a common thread in a sizable event like AICPA ENGAGE is always a challenge; there are often several. But the one I was able to grab ahold of was that the nature of what being an accountant is resides in the very hands of the profession itself. We’ve all recognized this particular inflection point… Continue reading Rewriting the Accounting Script
Will Fear Win Over Potential for Accountants
At this very pointed time in accounting’s evolution, it is yet another chance to ask whether or not the fear of change — particularly when it comes to new technology — and the unknown will take more precedence than the potential embracing such changes offers. We’ve seen it happen before. Anytime something comes along, a… Continue reading Will Fear Win Over Potential for Accountants
CaronBletzer Releases New PM System
CaronBletzer, a national accounting firm specializing in employee benefit plan audits, has announced the release of Atlura, a practice management platform tailor-made by CPAs for CPA firm leaders challenged by growing a practice with fragmented software and delayed data. When time and billing, workflow, and scheduling are not in sync, the work slows down, and… Continue reading CaronBletzer Releases New PM System
How is Growth for You?
I recently wrote about how subjective growth has become for CPAs and accounting firms in general. I’m now digging into what came out of conversations, sessions, and overall feedback from an industry event focused on all of the things impacting the topic: Firm Growth Forum. Whenever you are at a live event, you realize that… Continue reading How is Growth for You?