Accounting Firms: Thrive In An Increasingly Competitive Industry
Are you challenged in the ever-changing landscape of financial services?
For accountants, a raft of new competitors threaten to upend the industry as a whole. These new firms will claim they provide the same services you do, at a lower price point, aided by the latest in technological innovation. To attract angel investors and other potential financiers, they’ll also tend to freely throw around buzzwords (Fintech! Blockchain! AI! Machine learning! Big data! The Internet of Things!) whether or not their solutions actually incorporate these technologies in a meaningful or even functional way.
Your firm, of course, has a sort of home team advantage: an existing client base with whom you have relationships in strong standing, who trust your team’s expertise and knowledge of your needs. However, your clients have a bottom line to mind, and then there’s the small matter of your need to acquire new business.
It’s not enough to rest on your laurels. Reliance on brand recognition or client loyalty will only keep you afloat for so long. To survive and thrive in an increasingly competitive landscape, it’s vital to leverage a solution that will seamlessly integrate with existing software while you continue to find new ways to add value to your services and efficiencies to your workflow. To take advantage of this and the new wave of disruption, you firm must understand how to hone your workflow and the services emphasized.
With this in mind, we’re pleased to release of Caseware ReviewCompTax to our Canadian market. Our new pure cloud solution:
- Streamlines workflows
- Seamlessly integrates with existing systems
- Enables real-time collaboration
- Provides greater data insights
- And much more!