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The Rise & Fall of Working from Home

Cloud Accounting Weekly is now Own Your Close, a newsletter for management accountants, controllers,
Own Your Close
The Rise & Fall of Working from Home
By Blake Oliver • Issue #50 • View online
Cloud Accounting Weekly is now Own Your Close, a newsletter for management accountants, controllers, and providers of outsourced accounting services. For more accounting technology updates, tune in to the Cloud Accounting Podcast.

My top story this week is about a New York based public relations firm that tried and failed at allowing employees to work remotely
The conclusion is that as work has become more team-based, 100% remote work arrangements fail because remote work is not ideal for collaboration.
If you ask me, that’s a poor excuse. 
While it’s true that it takes more effort to collaborate as a team when working remotely, it’s definitely doable. Plenty of firms do it. 
See Basecamp for an example. Or one of the many small accounting firms that are completely virtual, such as Catching Clouds.
Remote work fails when managers let employees work remotely but don’t change the way they manage those employees. More importantly, managers have to figure out how to measure employee performance based on outcomes, not attendance. 
For managers used to managing by “walking around,” that’s a change most of them are not equipped to make.
For this story and more of the best links I clicked on last week, keep on scrolling.
Industry News
Podcasts
Accountants Doing Cool Sh!t
Education
Get a Job
Click Here to Apply: Accounting Jobs Across the U.S.
App Reviews
The Best Invoicing Software: 16 Apps to Get Paid for Your Work
Office Equipment
The Best Wireless Headset for the Office
Remote Work
The Rise and Fall of Working From Home
App Updates
Harvest — Track Time Without Leaving Basecamp 3
Automation
Machine Learning, Artificial Intelligence - And The Future Of Accounting
Future of Education
Sales & Marketing
3 Ways That We Collect Powerful Customer Testimonials (Including Email Scripts)
Practice Management
‘In, on and with’: Building the modern firm
Automation
FinTech
Consumers clamor for a cashless economy
Why Your Phone Will Be the Key to ATMs of the Future
This issue was lovingly crafted by Blake Oliver and Phil Gross. Thanks for reading, and have a great week!
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Blake Oliver

"Cloud Accounting Weekly" is now "Own Your Close," a newsletter for industry accountants, controllers, and providers of outsourced accounting services! Subscribe and stay up-to-date with the latest in technology, new regulations, and management tips.

For additional resources for management accountants, visit https://floqast.com/resources/. FloQast (where I work) is close management software built by accountants for accountants to help them close faster and more accurately.

For accounting technology news and podcast episodes, check out my personal website at http://www.blakeoliver.com.

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