Every business operates with risk, it is almost impossible to fully comprehend the variety of risks that can affect your own practices as well as those of your clients.
That’s why more and more advisory firms are turning to Risk Dashboard’s easy to use risk management software, which helps identify where your clients risks, vulnerabilities, gaps and opportunities for growth exist.
In a new report from ACCA – Rethinking Risk for the Future – accountants can help organisations not only detect and better understand the emerging risks and opportunities facing them, but also cultivate the mindsets needed to think more long-term.
Accountants and advisory can drive meaningful value by helping boards and management understand their risks and the financial impacts into decision making from a strategic and operational perspective.
To be able to provide non-financial advice, advisors need access to transparent real-time data for business analysis. Adopting Risk Dashboard’s evidence based, data-led technology will assist advisory, mitigate the considerable challenges that face clients in today’s ever changing omni-present environment.
Risk Dashboard is a modular application, that uses a series of questions, each with a weighted algorithm carefully structured to target the issues which have the greatest potential impact to a client.
We then enable accountants and advisory to build more profitable and successful clients, by using in-depth analysis and advice tailored to meeting your clients business objectives.
How can Risk Dashboard Support Client Advisory?
- Evidence-based application that creates a framework for risk management
- Prepares business owners for a successful and profitable exit – “derisking”
- Allows businesses to become investment ready
- Creates a risk mitigation framework to improve business insurance costs
- Allows advisory to collaborate, communicate and provide expert leadership into the client base
Risk Management should be at the epicentre of business transformation, promoting and managing risks will profit business owners, rather than causing them.
It should be the objective and duty of every business owner to determine, implement and deliver their company’s primary purpose to all stakeholders through an effective risk management strategy.
To find out more about Risk Dashboard and how it supports business owners, book a free demo here today.
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 how Risk Dashboard can help you get your practice, please contact Neil Campbell, Commercial Director at Risk Dashboard on info@riskdashboard.co.uk.
We look forward to hearing from you.