Digital transformation in the world of accountancy is a broad, influential and far reaching topic. The implications for all accountancy firms, big and small, should not be underestimated. In our regular blog series, we delve down into the specifics and highlight our key learnings and insights. If you’ve any questions, feel free to reach out and contact us (see footer for contact details)

Many accountants complain that their clients just are not interested in taking a management accounts service from their firm. In this article, Heather Townsend, founder of ‘The Accountants Millionaires’ Club’ explains how to sustainably sell management accounts to your clients and where most accountants are going wrong with this.

Having a good workflow is what makes your practice efficient, productive and profitable. Over the years, there hasn’t been much change in this area. Compliance work still rules and there’s little emphasis on making working practices offer value for your clients.

Many accountancy firms are identifying how to move away from being solely reliant on selling compliance services. In this blog post, Heather Townsend, founder of the 'The Accountants Millionaires’ Club' explains why many firms struggle to get their clients to take on any non-compliance based services.

If an IBM report is to be believed, about 90% of all data has been created within the last two years, with 2.5 quintillion bytes of it generated around the world every day. You have access to more data than ever before and, thanks to technology that allows us to collate, scrape and analyse it. Your business is able to glean insights and use the knowledge gained to give you a competitive edge.

In this day and age, using flexible tech to grow and develop your practice is key. When it comes to integrating your accounting solution with other parts of your business, such as CRM and sales, you now have plenty of options. In this article we discuss five key takeaways to keep in mind when you’re narrowing down your options.

To the general public, there is little to love about tax. It gets a bad press for obvious reasons! 

With technological advancement comes disruption. Traditional employment opportunities will evolve. Jobs that we think are safe and secure might just be automated out of existence in the near future. New jobs will take their place and the cycle will continue.

Well, 2017 has proven to be quite a ride, hasn’t it? Negotiations, snap elections, political intrigue - it shows no sign of slowing down.

Every now and then, a relevant buzzword does actually emerge. Last year for instance, we saw the timely introduction of ‘no-code accounting’.