How Aider’s software solution is democratising & scaling advisory

The team at Aider know all too well just how time-consuming and tedious some accounting tasks can be – they know that accountants have the expertise to go the extra mile for their clients, they just don’t always have the time.

Aider is designed to help accountants do more than just accounting – with streamlined automation, Aider does the nitty gritty work for accountants, saving them invaluable time which they can refocus on upselling advisory services.

Aider’s platform helps accountants scale advisory – it also helps democratise advisory

More commonly, larger scale accounting and bookkeeping firms have the time and resources to upsell advisory services to their clients, but small firms aren’t always as lucky.

With the help of intuitive software solutions like Aider and Xero, accountants can save hours of time every day on tasks they would usually have to do manually. This helps them be more efficient and more proactive; freeing up time they can dedicate to scaling their advisory services.

One of the other benefits Aider brings is that it empowers more junior staff to begin to engage in advisory services. Because Aider does a lot of the work, less experienced staff can engage with clients and, only by exception, bring in the senior partners if needed.

Aider is “a more scalable approach to advisory”

“There is an age old saying: ‘garbage in, garbage out’. Time and time again we talk to firms who are trying to scale advisory and are scuppered by the integrity of their clients’ data.

Aider’s Advisory Platform is designed to help get the compliance done more quickly and easily. It means that accountants have more trusted data, which allows for productising advisory.

Aider also pre-analyses client data to help advisors identify which clients need their help and why,
enabling efficient, proactive client support. It’s a more scalable approach to advisory.”

– Brendan Roberts, Aider CEO

Aider helps advisors simplify compliance & other accounting tasks – here’s how it works:

•  Connects with Xero in under 2 minutes
  
  
  • ✅ Simply click “sign up with Xero” & you’re good to go
  • ✅ Aider will pre-analyse all of the data for you
  • ✅ All your clients’ data on one financial dashboard
    
    
• Data compliance tools to help you simplify compliance
  
  
  • ✅ Data compliance checklist for GST reporting
  • ✅ Reconciliations, taxes & invoices at the click of a button
  • ✅ Less admin, saving you time
    
    
• An aggregated view of all your clients’ data
  
  
  • ✅ One financial dashboard for all your clients’ data
  • ✅ Traffic light system, so you manage by exception
  • ✅ Detailed insights at the click of a button
    
    
• Accurate cash flow estimates & profitability insights
  
  
  • ✅ Accurate historical & estimated cash flow reports
  • ✅ Real-time profitability insights
  • ✅ Quick profit & loss indicators
    
    
• Instant, proactive communication with your clients
  • ✅ Easily spot insights on Aider’s financial dashboard
  • ✅ Visual graphs that make sense to your clients
  • ✅ Alert your clients instantly

Helping small accounting firms scale advisory by providing access to modern advisory tools

For the most part, large accounting companies have the tools and time at their disposal to get things like compliance done quickly and efficiently, so they often don’t have a problem upselling advisory services.

But when it comes to smaller accounting firms, it can be difficult for them to get things done proactively because often they have a small team. These smaller firms have the knowledge and expertise to do more than just compliance and basic accounting services – they just don't always have the time.

This is where smart tools like Aider and Xero can significantly improve workflow efficiency, and help accountants be more proactive. Modern automation can save them hours of time every day – time they can then use to productise advisory to grow their businesses.

“I spend a lot of time on compliance work for my clients. I also spend a lot of time manually
analysing data to see where I need to put my attention.

Aider is helping my business save time on these tasks, because at a glance I can see how my clients
are operating and have an idea of what tax liabilities they need to comply with.”

– Marco Douglas, Accountants4U CEO

Ready to save hours of time, and focus on scaling your practice?

Try Aider free for 14 days.

If you'd like to find out more about how Aider could benefit your accounting firm, and work within your current App Stack, get in touch with us, or book a meeting here.

Please Note: No one pays us to be featured on our Clarity Street website (or App Stack). We pride ourselves on our independence, enabling us to promote what we consider to be 'best-practice' through informed choice. It has always been this way and is unlikely to ever change.