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James Lai CEO & Founder Meetig8

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Disrupting the auditing compliance risk space by creating a solution for businesses & companies to connect with highly qualified accounting specialists for a fraction of the current cost. Meetig8 & disrupting the auditing-compliance-risk space. Perhaps you may have some insights into the banking Royal commission given your compliance experience and if you are seeing more demand for your services in general.In addition to the points in your production brief, I think it would be great if he can cover our ambitions/plans for expansion globally as well. James has 16 years in risk management, living the corporate life, firstly at a big four accounting firm and then at a major bank. As a risk executive he saw two issues: the big accounting firms are very expensive, and their value is starting to erode. Turning point was James had to hire a consultant from one of the big four firms to help with a superannuation change. On his first day I asked “What do you know about superannuation regulation?” and he said, “Nothing.” Back in the day, at least we’d do some homework before we turned up at a client! The value proposition of paying $1,800 a day for a junior guy from a big four firm is outdated and hasn’t been disrupted for a long time. The vision for Meetig8, is to create an alternative means for companies to source risk talent, get better value and a better service at the same time. This means having a technology platform where we connect Australian businesses with risk and compliance independent contractors and small boutique firms. Through Meetig8, businesses can usually get a consultant with about four to five times the experience of a junior from a big four firm for a fraction of the cost. 

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