#Current #Accounting Technology #Aiwyn

Current Partners with Aiwyn to Streamline $600M Firm Operations

In a significant move to modernize its operations, Current, a leading accounting organization in the United States with an impressive annual revenue exceeding $600 million, has formed a strategic partnership with Aiwyn. This collaboration aims to establish a cohesive technology platform that positions Current’s member firms for success in the evolving accounting landscape.

Evaluating the Best Solutions

Before finalizing their partnership with Aiwyn, Current undertook a thorough assessment of over 200 technology vendors. The evaluation focused on key factors, including open architecture, real-time data infrastructure, handling complex billing and engagement workflows, and the capacity for automation at scale without affecting profit margins. Aiwyn was the standout choice across all evaluations, demonstrating exceptional capabilities tailored to Current’s specific needs.

Current’s commitment to enhancing its technology architecture is strategic, aiming to empower its partner firms as they compete against established industry giants. The integration of Aiwyn into Current's technology ecosystem will provide robust support for these firms, enabling them to deliver advisory services that rival those offered by Fortune 500 companies.

A Vision for the Future

Steve Stagner, CEO of Current, articulated the vision stating, “The firm of the future is built by integrating the right personnel, processes, and technology.” He emphasized that while the firms already possess incredible talent and client ties, investing in long-term processes and technology is essential for fostering growth.

Key capabilities that Current firms will acquire through this partnership include:

• - Practice Management: Improved visibility into client and project financials will allow firms to make informed decisions about growth and profitability.
• - Engagement Letters: Digital workflows and e-signatures will simplify the onboarding experience, enhancing satisfaction for both firms and clients.
• - Payments and Collections: Streamlined billing and collections processes will accelerate cash flow and reduce administrative burdens.
• - Open APIs and Integrations: The connection to a comprehensive technology ecosystem encourages ongoing development of AI-driven workflows.

Tucker Haas, Chief Technology Officer at Current, stated,