Cloud computing. Robotic process automation. Artificial Intelligence. Data Analytics. All once on the bleeding edge of accounting technology, can now be found in even the smallest local practice.
But, what is it that differentiates firms delivering ‘advisory’ from those delivering ‘compliance’? We believe it is their approach to how ‘tech’ can be used for both the firm and their clients.
The accounting profession has come a long way since the days of throwing up a website, once seen as the height of sophistication.
There is no need to be manic early tech adopters. Those who are tech savvy take a holistic approach that asks the serious questions about internal processes and client engagement.
At Risk Dashboard we are serious about our dedication to growth through innovation.
Typically SME finance departments have suffered from a lack of investment. As a result there is a clear recognition that finance functions need to become highly efficient, data driven and able to deliver true strategic business value.
Having access to real-time financial and non-financial data is crucial to any transformation journey and to perform finance processes more quickly and efficiently.
Strategy and Innovation Partnerships
The partnership created early this year with finance software experts – VFD Pro integrates Risk Dashboard with their unique technology for client engagement via their “Client Discussion Model”.
This partnership has grown to create a complete solution for those practices committed to delivering a future focused solution for their clients.
- Funding Options: are the leading marketplace for business finance. Working with 120 lenders, they have helped over 11,000 businesses secure funding. Their unique platform enables advisory and their clients to access finance in minutes.
- Know-it: streamlines the entire credit control process giving you the ability to mitigate your clients credit risk, reducing debtor days and increasing cashflow. Combining three key elements of the credit control process: Check-it, Chase-it, Collect-it.
- Utilitrack: if you would like to ensure your clients are getting the best possible deal on their utility costs, Utilitrack have the perfect solution.
- Lightbulb Credit: provide a ‘Credit Insight Report’, a whole market view will detail recommended credit limits, risk bandings and other data shared with the agencies.
- Enquir3: provide a ‘Client Engagement Assessment’ to highlight opportunities to improve client retention and long term client value.
These partnerships will help forward thinking practices increase fee income, and build stronger relationships with new and existing clients.
Risk Dashboard is a specialist provider of bespoke data and analytical solutions to the accounting sector, the software 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 how Risk Dashboard and VFD Pro can transform your business please contact Neil Campbell, Commercial Director at Risk Dashboard on info@riskdashboard.co.uk.