With today’s technology, clients are on the lookout for real-time accounting solutions to keep up with the competitive industry.
Accounting guru Rob Nixon believes that clients want ‘real-time’ services that are relevant and pre-emptive because there is no value in offering a redundant data – those that are late. Most of them want a real-time accountant who is on the forefront offering real-time advice rather than offering it late or not at all.
Here are three of the characteristics that make up a real time accountant:
- Real-Time Accountants Know How to Utilise the Cloud Technology
We are living in an internet-driven world and almost everything is being done online. Real-time accountants are not afraid of digital disruption; they look for ways to leverage the technology. Perhaps the main advantage of cloud technology is the real-time information that can be accessed by two or more parties, allowing for real-time collaboration. Now who doesn’t like accountants who follow up quickly and give updates from time to time?
- Real-Time Accountants Embrace the Idea of Offshoring
Building an offshore team in developing countries is both efficient and effective. First of all, there is a large pool of talent overseas and they are totally qualified for their respective tasks. For example, the Philippines, which has similar time zone as Western Australia, has globally competitive workers with good command of the English Language. Also, labour costs in developing countries like the Philippines are relatively inexpensive, but you’ll be surprised with their quality of work as you get MORE than what you pay for.
- Real-Time Accountants Add Value to Their Clients
Lastly, real-time accountants are proactive in offering value added services like business advisory. More than processing the minimum work, they deliver advisory services. They focus on clients, not revenue. They don’t just talk numbers; instead, they paint the bigger picture to let you understand HOW these numbers affect your financial condition and your firm’s future.
The Outsourced Accountant supports Australian and New Zealand accounting firms by helping them understand and implement outsourcing solutions to help them become more proactive and truly add value to their clients. If you want to know more about outsourcing, call us at 1300 896 522/0800 452 853, and download our e-book.
To learn more on how to become a real-time accountant, join our FREE webinar on 29 July (Wednesday) as we discuss how to become a real-time accountant and add value to your clients through building your own offshore team. Click the button below to register.
Reserve your spot now!