Due to changing business landscape, the audit and accounting industry is undergoing a paradigm shift. As a result, they deal with resourcing issues such as talent shortage, miscommunication between sales and delivery, reliance on legacy tools, and sub-optimal resource utilization.
Resource optimization is the ideal technique to combat these persistent challenges effectively. Managers can perform gap analysis by assessing current workforce capabilities and future staffing needs. Accordingly, they can take course-corrective measures and improve business profitability.