The accounting world is changing. Advances in technology mean that the way in which accountants work needs to be reviewed. It’s never been more important to use integrated accounting software to stay ahead of the competition.
1. Get the right insights at the right time
When it comes to business, timing is everything. Trends and insights are hugely valuable to any accountant, and acting on them quickly is even more important. The last thing you’d want to do is miss an opportunity.
Technology has allowed data to be delivered really quickly to the right people, and it therefore has the capability to be easily analysed. All any accountant needs to do is choose their data ranges, decide on their targets, and format how they’d like the data to be displayed. Not only does this provide additional information to an accountant, but it’s an excellent time-saving initiative too.
Never before has data been so accessible to the people that need it the most!
2. Get integrated data in one platform
Dated accounting software fails to expand its structure to include reporting around systems other than finance. This prevents an accountant from seeing the bigger picture and affects the way in which data is reported. To get this information, finance teams have to collect data from multiple systems, merge it and compile a report that can feel clunky. It’s a far cry away from the integrated system that Risk Dashboard can offer.
Integrated data when it comes to Risk Dashboard is two-fold. Not only can our platform be easily integrated into your existing business systems, but it can look at several risk modules together to provide an excellent overview of your business.
With modules including Human Resources, Sales and Marketing, Finance, Quality, and Health and Safety (to name just a few), you can be confident that no stone will be left unturned. Just like the cogs in a wheel, every aspect of your business needs to work together to be successful and keep moving forward, so it makes sense that the data surrounding these cogs are displayed in a clear, easily digestible way that allows you to take any required action in a timely fashion.
3. Get ahead of the competition
Using integrated data to confidently make better business decisions is a huge competitive advantage. Accountants are becoming much more open to change and there is most definitely a cultural shift towards using platforms such as ours. This makes it even more important to not be left behind.
However, it’s no good having all of this data if you don’t know what to do with it or who to turn to for advice. With our software, not only do you have a simple way to detect, evaluate and mitigate risks, but you also have access to the relevant partners that can assist and support you with any business risks you might encounter, ultimately helping you to get ahead, and stay ahead, of the competition.
For more information on what we offer, please don’t hesitate to contact Neil Campbell, Commercial Director on neil.campbell@riskdashboard.co.uk or info@riskdashboard.co.uk
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