Accusource’s Structure And Teams
Backstage, Kerry and his company have interface mapping experts but not a pure engineering team. There are twenty-four employees, each of whom has deep domain knowledge and works closely with all partners to build new tools.
June Scanlon, Chief Operating Officer at Accusource, leads four teams that work with clients. Three are operational, and each client gets assigned to one of these teams when they start with Accusource. Kerry says that this structure is very efficient because there’s always a backup; people inside one team know the client’s processes and can replace one another.
The fourth team is different in that it works predominantly on KnowLedger. It comprises very experienced staff who focus on building interfaces and leading development. That team processes new items and ideas that driving digitization.
Challenges And Plans
There are several challenges that Accusource encounters. Among them, KnowLedger is very new, despite the fact that the company has been doing GL-related work for decades. Many accountants feel that they add value to the process by entering data themselves and hand-checking it as they go, but Accusource knows that their knowledge could be much better utilized elsewhere:
“We are attempting to eliminate this hurdle by educating the industry [that] a rules engine is much more efficient, faster, and able to do much more than even the best accountant. The accountant can review and audit the results.”
Kerry says that they continually strive to find new applications with which to integrate. For their first eight years, they were 100% focused on the Advent suite of products, but now, they are expanding to data-based solutions that are focused on a chosen niche.
“Our sweet spot is the firms from $500 million to $10 billion in assets. [Whereas] that [might] seem like a wide range, it’s actually rare for a firm like ours to focus on a range like this.”
Kerry personally derives motivation from seeing his staff grow: