This latest roadshow from Wolters Kluwer and Macquarie Bank highlights the recent changes in the accounting industry and the importance of embracing compliance advisory services to build practice growth.
Advancements in automation and artificial intelligence for the accounting industry is helping us build the data to understand a client’s business like never before. What we call ‘smart information’ is building a pathway for smarter accounting firms, smarter client outcomes and an innovative and highly productive future. It’s yours and it’s there for the taking.
If you want to know how to be that smarter accounting firm – leveraging the cloud and new technology innovation – or build a roadmap to become that firm this year’s roadshow, ‘Adapting to Change: Moving Your Firm to Compliance Advisory” is for you. Learn more about our agenda here.
This year’s carefully curated program offers insights from industry experts from Wolters Kluwer, Macquarie Bank and an early trail blazer in ‘intelligent accounting’ – Tyler Wise, Director of Wise Accounting.
When I speak to accounting firms today the debate is squarely on the challenge of leveraging the benefits of cloud technology to drive new levels of performance, services and revenue for the firm. Many firms today understand the need to invest in a new way of doing things, particularly when embracing the changing face of what compliance may be to each client.
The move to the cloud has begun for our industry and whilst we can be proud of our efforts to date, we are now moving into a time when we will see the mass shift towards digital transformation. Practices will review their infrastructure and technology capabilities for better internal and external collaboration, and SMEs will turn to our industry for direction into the world of cloud-delivered efficiencies.
The transition for your clients is starting – funnily enough accountants are leading the way here in delivering higher levels of productivity when compared to the wider business arena. Many SMEs are looking beyond cloud accounting and book keeping to find out what other efficiencies cloud can deliver. Primarily they want the cloud to deliver lower costs, better collaboration, increased flexibility and greater integration from specialist services that can seamlessly integrate with their back-office operations. This helps free them up to focus on the business – not the running of the business. Think human resources, marketing and of course accounting.
This year’s roadshow will outline the roadmap and benefits for aligning your service offerings to better service your clients and their own transition, plus at the same time developing a more diverse revenue stream. For those firms not in the cloud yet or wondering whether the cloud is for you we will hear some clear numbers around what it takes to build a firm for a successful exit, and who that likely buyer is going to look like.
We want every attendee to walk away with insights and strategies to implement in practice and prepare themselves for ongoing cloud disruption in the accounting sector, and beyond into the SME space.
Register here for the Adapting to Change: Moving Your Firm to Compliance Advisory roadshow and here for our webinar. Fiona Masina, Accountant from MAM Advisory Group joins us in our webinar to outline what it takes to achieve efficiency through technology and make the right decisions for your firm.