Advisory services have emerged as highly profitable areas for accounting firms to diversify into, but transitioning from compliance activities to making advisory central can be challenging. To help with this transition, Futrli have highlighted three key areas to explore with your clients:
- Forecasting your clients’ cashflow; consider the trends in late payments and provide valuable information to address financial gaps.
- Helping clients adjust their pricing to reflect industry changes to improve profitability.
- Providing comprehensive reports with key performance indicators (KPIs) offers clients valuable insights and aids in scenario planning and loan applications.
Implementing tech-based solutions can streamline these advisory processes into your workflow.
Download our guide to find out more.
