Over the past 4 months the Risk Dashboard has been supporting Accountancy firms across the Country, who have been working tirelessly to help protect their clients through the COVID-19 crisis.
In early April we launched our first FREE to deploy platform for accountants called ‘Cashflow Management’ adding new modules in May and June surrounding the safe ‘Return to Work’ of staff, and ‘Business Planning’ respectively.
Our latest release FREE to deploy entitled – ‘ Survival, Resilience and Growth’, has proven to be an even greater success.
During the past 4 months, it’s fair to say that their clients are demanding more business advice and consultancy services, whilst expecting even more flexibility and better service without an increase in rates.
I am therefore delighted to read in a recent report from Sage and their fourth annual ‘Practice of Now’, that so much of their research supports everything that the Risk Dashboard is looking to achieve whilst continually developing our unique technology for accountants;
-
- 83% of accountants said the ongoing effects of technology and digitalisation have forced them to invest more and faster to keep up with the market.
- 91% of accountants believe new technology delivers value to their business, with 44% describing themselves as early adopters – how things have changed..!
- 51% of accountants joining the profession today need financial business advisory skills, including cashflow and growth modelling.
- 82% of firms are recruiting candidates without an accounting background, such as project management and customer services.
- Of the 1,000 British Accountants surveyed, 93% agreed new technology was helping them meet demands and drive new value for business.
At the Risk Dashboard we have simple objectives; develop technologies that improve efficiency and productivity, whilst meeting client demands and satisfaction.
The data that the Risk Dashboard provides the Accountant is unparalleled when it comes to delivering against client issues, concerns and requirements – all based on a simple client audit process.
The Risk Dashboard is providing the data, behind what is now driving the ‘new now’; proactive advice, client focused webinars, and enhanced revenue streams, through the creation of new teams within the firm to focus on client issues.
Accountants that are turning to risk management and mitigation to enhance relationships and to offer a service differentiator – are now benefiting from enhanced client engagement.
More importantly their clients are looking to a positive future, with a greater sense of support and accomplishment.
It’s becoming clear that business resilience and the ability to remain flexible, utilising new technologies such as the Risk Dashboard, will undoubtedly result in opportunities to develop resilience and growth for some firms and their clients – Sage report has demonstrated this!
The more traditional firms need to keep pace or could struggle to keep up with client demands in the ‘new norm’.
It’s now becoming incumbent on firms to seize the opportunity to become early adopters rather than remain as spectators.
If you would like to learn more about the FREE ‘Survival, Resilience and Growth’ edition of the Risk Dashboard enter your details here: https://www.riskdashboard.co.uk/SRG/ using voucher code: NCBlog23 or contact Neil Campbell, Commercial Director at Risk Dashboard on info@riskdashboard.co.uk.
We look forward to hearing from you.