In an era where everything we do is developed and digitized to generate data and just as importantly how we consume it, how is the accounting and advisory sector embracing data to support YOU their clients?
Businesses depend on data, it must be considered as a strategic asset for your organisation and not simply a technical resource. Look at the big data engines; Google, Amazon, Facebook (or Meta as they are now called), Apple and Microsoft, they are all companies who survive on data.
At Risk Dashboard we collect data. We organise and enrich it to allow your business advisors to assess your business risks, vulnerabilities and threats, which could affect your company’s performance and mitigate against any future negative outcomes.
Risk Dashboard provides a self-diagnostic audit interface, where you dive deep into the entire operational framework of your business. We then transform your results into decisions that allow you to take actions based on risk scores and identified threats.
It is not easy to bring all of a company’s risks in terms of data into one platform, which can then be transferred into information, knowledge and decision making capabilities, all of which allows you to forecast where your risks are presented in a clear identifiable platform.
Risk Dashboard’s aim through data, is to allow your advisors to understand your statutory, regulatory and non-compliance risks, supporting clients in developing a framework towards best practice whilst creating business growth, developing future proof resilient businesses as we enter a post-pandemic world.
Using data to effectively manage risk requires identification and assessment of that data, building controls to reduce and mitigate against potential outcomes. This skill is extremely rare, and when found very expensive, which is how Risk Dashboard adds real value to your advisors and your business.
Data for accountants and advisory has evolved from more than just financial evaluation. Data is essential to creating powerful business performance, an asset used to manage and predict risks and the future of your business.
Risk Dashboard provides real-time evidence based continuous analysis for improved reporting and decision making for accountants, business advisors and their clients.
If you would like to know more about Risk Dashboard and how your data can transform your business please contact Neil Campbell, Commercial Director at Risk Dashboard on info@riskdashboard.co.uk.