How cloud solutions can transform your firm
Date published
January 18, 2019
Company
Wolters Kluwer
Accountants will likely see revenue growth from compliance diminish in the coming years. While compliance work will contribute only 0-3% to revenue growth, advisory services are predicted to contribute 30-40% over the next few years.
In response to this, the most successful firms are turning to technology to support more diverse, automated business models. They’re using cloud solutions to automate workflows so they can focus on value-added advisory services and develop more collaborative relationships with their clients.
Technology has a crucial role to play as firms focus on firm growth, profitability, efficiency and enhanced client service. Forward-thinking firms in the technology arena are more likely to report growth in their revenue and profitability than later-adopting firms.
Our whitepaper is a must-read document for any practice owner, manager or accountant looking to understand how successful practices are evolving. It outlines how you can fully utilise technology to embrace the shift from compliance to advisory, while growing your firm and improving the client experience. Stay ahead of the curve and give your practice the best chance of increasing revenue and profit in 2019.