Insights - Advisory

I was at a Business Expo recently where there were 60+ exhibitors with an estimated 1500+ visitors. I checked the list and decided one of the exhibitors I wanted to speak to was a 7 Partner firm of Accountants. I felt that whilst they were slightly larger than my target firm, I would see how they operated in this environment.

Open Banking is coming soon, and Banks are beginning to offer your clients free software to enable them to input their financial data into the software. This will allow the Banks to read the transaction history of Personal and Business Current Accounts and initiate payments from those accounts

They listen to their clients’ needs and understand their soft facts

They are knowledgeable about their clients’ sector, industry and economic environment

They have sector experts in house

Their clients are managed with a holistic approach and not by individual Partners/Directors

Price: Offers Invited

Our Ref: DAMHLB

Despite best intentions feedback and experience suggest professional services firms are particularly reluctant to change – even if the potential rewards might be great. Take business development as an example.

Accenture estimates that 80% of the finance and accounting tasks to be automated in the next few years. With Robotic Accounting innovations coming in faster than they can count, some accountants, even those among the best, are afraid for their jobs.

Have Fun!

Content Marketing, when done well, is all about creating a flow of fresh, interesting and (above all) regular pipeline of posts on your firm’s website; social media channels and the networks you are developing for new Clients.

If you want to know how to create a Progressive Accountancy Firm for the competitive modern world and use similar techniques to the top 50 firms read on…

I know compliance is a big concern for you right now. As clients take the plunge and migrate to the cloud, there is no doubt your compliance revenues are going to take a hit. Your focus today, is identifying and evaluating new ways to make up the inescapable deficit. You need to “Wake up and Smell the Coffee”; differentiation must be the key – Technology is here to stay.

Location: Preference decreases in the order of UK, other European countries, USA, Japan, Australia, Singapore
Our Ref : AMI00215TX
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Business DISPOSAL Specialist Material Handling Equipment Supplier Price : Offers Invited Our Ref : DSM0036​ Enquire Here Progressive | Strategy | Value Offer Being Considered

You provide Technical Excellence, but What about Your Clients’ Expectations?

Secure your next big audit client by developing your in-house capability, consider the following

Progressive Accountants now more than ever are redefining their services for clients, to adapt to the new norm post COVID-19. They are reviewing all their working practices to ensure that they offer the highest levels of relevant support and service to their clients.

Whether you’re an SME or a large international company, the one thing you have in common is
the desire to be successful. Success, obviously, is the core strategy of any business.

Proactivity is in the actions. According to tax experts CCH, 36% of clients are thinking of leaving their accountants as they are not proactive enough.

Technological change has always been part of the profession, but it used to come along a little more slowly and have less dramatic effects.

For the benefit of all concerned, a broader team-based approach, where a range of people from the firm know and develop relationships with their counterparts at the client organization, is a much healthier approach.

The impact of new technology on accounting practices will not be a flash in the pan, but will change organisational structures, culture and client relationships. Let a progressive expert guide you through.

Hierarchy, a great model for manufacturing companies and other businesses, is a poor fit with talent-driven organizations such as professional service firms. How should a professional service firm organize to achieve its strategic goals in today’s business environment?

We have a clearly defined process and methodology for developing NED opportunities and would like to generate your future pipeline of businesses for advisory services. We have been
involved in creating value for businesses since the 1990’s.

Robotic Process Automation is here, Progressive Accountancy Firms are already embracing the changes and building on the service offerings to their clients. I would urge all Managing Partners to consider how they would implement these changes and build new Consultancy based services for their clients.