As the year closes in, many more business advisors have begun reconnecting with Risk Dashboard as they prepare for 2021 budget planning.
I have identified 10 reasons why the Risk Dashboards unique compliance software is assisting in the concept of a ‘trusted adviser’ which has never been more relevant.
- Risk assessment and analysis across your client portfolio
- High impact on your revenue – both protecting and generating
- High impact on your client businesses – growth and wealth creation
- Strategic opportunities to build closer relationships with clients and enhance “value-add services”
- The ability to provide technical assistance via other clients – added value
- Data-rich conversations will Improve competitiveness and unlock new advisory revenue streams
- Enterprise application to develop enhanced revenue streams
- Automation will reduce risk and ensure client legislative compliance
- Risk Dashboard will keep you in touch with the latest threats and trends
- Create immediate client segmentation for proactive business support
As clients seek guidance during these difficult times, offering agile support via technology to help their businesses keep moving is vital.
Over the past 8 months business advisors have been deploying the free edition of Risk Dashboard, which has helped identify area’s that their clients have needed support, these include but are not limited to the following;
- Cash flow forecasting
- Funding requirements
- Furloughing staff and tax payer support
- Setting their staff up with secure home working environments and what to do with vacant office space
- Understanding their obligations should there be a government audit
2021 will be the year of risk management solutions, and we are looking forward to supporting partners and clients respectively to rebuild their resilience in the coming months and years. It could well also be the year that the future of accountancy may well lie in advisory solutions.
It goes without saying that having our latest edition for SME business survival approved by BEIS, with instructions going out to all UK LEP CEO’s to consider platform deployment, has certainly increased our visibility in this sector.
The disruption created by the COVID-19 has been challenging, and it’s now clear the associated problems will run into 2021, and possibly beyond.
Risk management solutions such as offered by Risk Dashboard provides your clients with the support that places your firm and your team in the position as the ‘trusted advisor’.
If you would like to know more about how Risk Dashboard can help you take the extra mile to assist your clients – both existing and new, please contact Neil Campbell, Commercial Director at Risk Dashboard on info@riskdashboard.co.uk.
We look forward to hearing from you.