Amid a global shortage of talent across the accounting and advisory sector. Evidence shows those firms developing talent in the identification and manage of risk strategies reap the benefits of talent acquisition and retention.
We know what the traditional ‘heavy lifting’ looks like in the sector; account preparation, tax calculation and tax advice.
Accountants and business advisors will be in an even stronger position if they can create value for their clients in the breadth of services that they provide, investing and developing capability, to support these new service lines.
Clients are demanding considerably more from their advisors due to the economic headwinds facing businesses, including rising costs and the uncertainty of the labour markets.
The firms investing in people, skills and technology are seeing the greater returns through increased fee income and client longevity.
How Risk Dashboard can help attract and retain talent?
Risk Dashboard introduces ‘Risk as a Service’ to your clients.
Creating a learning and development platform for your staff, to engage with your clients to gain a greater understanding of how your firm handles activities, like audits, control testing and monitoring, and third party relationships, which can determine integrity as well as customer relationships and employee loyalty.
Successful risk management strategies can help you to build service lines and create employee satisfaction outside of the traditional ‘heavy lifting’.
Today’s growing risk environment warrants a more integrated approach, which is where Risk Dashboard steps-in. With threats multiplying all the time, inaction is not an option.
Risk Dashboard’s approach isn’t just about compliance, diligence and cybersecurity. Our aim is to protect you and your clients, customers, stakeholders and business partners from involvement with, or being harmed by, people and entities engaged in harmful (and often illegal) activity.
Why is Risk and Compliance so important?
Businesses are increasingly aware of the risks. The cost of inaction could destroy their business.
They will turn to advisers able to offer sound guidance. If you are unable to offer this holistic approach your clients are at risk of moving elsewhere.
Risk Dashboard is working with partners in SaaS solutions; addressing key client challenges, staying ahead of continuous regulatory requirements, creating end-to-end solutions around complex risk problems and lowering costs. Our combined software solutions helps businesses address risk management challenges more effectively, keeping an eye on the ever changing risk landscape.
Risk Dashboard is a specialist provider of bespoke data and analytical solutions to the accounting sector, delivering real-time evidence based on 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 transform your business and help attract and retain staff please contact Neil Campbell, Commercial Director at Risk Dashboard on info@riskdashboard.co.uk