You may have heard the new buzz saying “app advisory” and wondering what in the world this actually means for you as an accountant or bookkeeper?
App advisory in our opinion is advice, guidance, implementation, training and change management, of the correct line of business applications to help run an SME. It involves understanding what your client is actually trying to achieve (their pain point), which you should know already as their trusted advisor… and what line of business application/s will achieve that result for your client. If you take it to the implementation stage, it also involves change management, changes in processes and procedures, nurturing the team and business through change and most importantly, training on how the systems work, but also integrate into the daily workflow or operation of the business.
Don’t think that just because you have used business advisory applications, that this means you are now a business advisor. Software on its own does not provide business advisory services to your client.
Xero has created an environment over the past 10+ years of whereby they preached that Accountants can be business advisors now. Software vendors have followed suit by developing software that creates advisory talking points based on a client’s financial position.
Clarity Street was conceived from years of engaging with Accounting firms on a daily basis and a constant desire to make Accounting firms & SME’s more efficient and profitable.