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The demand for professional service firms is growing as clients increasingly seek out experts in the field with deep technical knowledge and substantial expertise. But according to Government of Canada data, this boost in demand has also caused firms to adopt “one stop shopping” models that deliver end-to-end customer assistance and improve overall profitability.

Cloud accounting software can streamline and standardize key business processes. Here’s what you need to know about critical cloud advantages, on-demand accounting software and effectively making the switch