Accountants
Up to date accounting news for growing firms
8 advisory trends to watch in 2020
As we shoot towards 2020, it’s important to understand what lies ahead. Here’s our roundup of advisory trends that will surface in the coming year.
5 Reasons to Implement Cloud Accounting Software Now
We speak to a lot of accountants here at Futrli. A lot of accountants. You are all unique and beautiful people but there is a common thread through almost all of the conversations that we have around implementing new cloud accounting software solutions. Time.Time is the biggest roadblock to accountants at the moment (and probably always will be). However, the time to act is invariably now - here’s...
You need Predict in your practice (now) because it’s the world’s best instant forecasting software for…
You need Predict in your practice (now) because it’s the world’s best instant forecasting software for…
An interview with an accounting legend generating 50% of fees through advisory accounting.
If you have a tea break, spare 15 minutes to learn from an accounting legend about how he and his firm work with clients, consult, price services, set up systems, and as a result, how they are now generating 50% of their fees from advising their small businesses.
Deliver a customer-centric strategy:
Customer-centric accounting firms are winning over compliance-centric ones. Accounting customers are often tricky folk (as you're talking about money) so establishing best practice for your firm is essential. Use this guide to differentiate your service offering by putting your client experience first.
Bounce Back Series: How Graeme Tennick focused on strategy for clients and grew his accounting firm during lockdown
In our latest Bounce Back article, Graeme Tennick, founder of Graeme Tennick & Co Accountants, based in the North East, explains how a commitment to going beyond compliance has helped the firm grow rapidly during 2020.
Bounce Back Series: How one accounting firm delivers more value for clients while increasing revenue and reducing contact time
In another Bounce Back feature, we speak with partner and head of BDODrive, Mark Sykes, on how they adapted to the challenges of lockdown for clients and how it is breaking the time-for-hours equation with better results for the businesses it serves.
Why business advisors need to focus on forecasting:
Cashflow forecasting allows you to effortlessly change the focus of client conversations from the past to the present and future. Every company needs a budget, a forecast and monitoring of KPIs which alongside this information will give you the best window into the data of a companies financial health.
Trends vs Accuracy when Forecasting
Complete accuracy is not required when it comes to KPI reporting, scenario planning, and even a cash flow forecast. It goes without saying that accuracy is the ultimate goal for all accountants, but achieving said accuracy often requires a level of detail that isn’t always forthcoming from your clients.
