PracticeAccounting FirmsnFlow sees revenue boost from accountants

nFlow sees revenue boost from accountants

Dictation software providers predict 2009 will see revenues from accountancy sector clients will increase by three times as much as 2008.

The increasing mobililty of firms’ staff could see a dictation software
provider’s revenues triple by the end of 2009.

Dictation software provider nFlow has seen its revenue in the accountancy
sector grow by double digits in the last year, and could increase by three times
as much by the end of 2009.

Due to accountancy firms’ increasing remote working capability, the sector
made up 4% of the company’s revenue in 2007, rising to 10% in 2008 and an
estimated 30% by the end of the year.

Accountancy firm PKF has installed 450 users of the digital system and
Johnston Carmichael has over 200.

Douglas Rintoul, IT Partner at Johnston Carmichael, said: ‘Enterprise-wide
implementation of digital dictation technology is a strategic decision at the
firm to efficiently support future growth opportunities.’

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