I read that title on the Woodward website. I loved it. As technology improves for accounting, it is making it easier to collect data. The challenge isn’t anymore in getting the data. The challenge is now clearly shaping it and making sense of all those data so users can make smart decisions.
Advisors will be accountants themselves. Or, advisors could be digital as well.
Over the next three years, accountants must decide if they want to be heroes or zeroes. Whether to raise or to fall. The coming months will be critical for accountant practices to get their services ready for:
- measuring, managing, and improving business performance beyond accounting;
- providing new services and earning new fees by providing more -and new!-value to their customers by inspiring, encouraging, and improving other businesses.
All good accountants will see sense. All good accountants will rise. And all good accountants will become heroes.
Some claim the daw of a New Accounting Era, embracing business performances and KPI additionally to traditional accounting topics. By instance, the value will not be anymore in knowing the number of outstanding invoices, but in leading the cash collection process to shorter cash cycles and differentiated handling of clients based on their behavior.
That movement will become unstoppable. And as a result, accountants will play a leadership role in making things better for themselves, their clients, their teams, their families, their communities, their economies.
For sure, advisors will be accountants themselves. Or, advisors could be digital as well. That’s exactly why we created kopilot two years ago.
- The emergence of cloud accounting solutions;
- The adoption of remote work;
- The business becoming worldwide;
- The pandemic increases the need for accurate and real-time information.
That’s exactly why we believe more than ever in kopilot.
The value will not be anymore in knowing the number of outstanding invoices, but in leading the cash collection process to shorter cash cycles and differentiated handling of clients based on their behavior.
With kopilot, accountants embrace performance management flow and jump easily into the storm of real-time data and analysis. They are ready for the New Accounting Era.
It takes less than 5 minutes to get the digital CFO ready. There is no-setup and nor installation cost. There is a 14-day free trial, and the subscription is unlimited (unlimited data, unlimited users, unlimited sync).
Plus, we have special subscriptions for accountants. Contact us at email@example.com.