Looking to level up your firm but feel like something's blocking your path? Take a few steps back and examine the systems and processes you have in place. Sure, a bigger client base equals more revenue - but make sure it doesn't compromise on the quality of your existing client relationships. Having the infrastructure in your firm to handle the additional demand is essential for achieving sustainable growth (without sacrificing service).

It's an exciting time for accountants to scale their firms too. Tara Ricks, Managing Director of Randstad Financial & Professional, has noted just how economically robust the accountancy profession is: 

“Accountancy is recession resilient… During sunny economic periods, they can pick up consulting work. In more choppy fiscal waters accountants become an invaluable source of risk advice – while the demand for tax advice and audit work is never going to dry up.” 

First things first: crunch your numbers 

Whether you have five or five hundred clients, they all come with their own load of admin.  Take a moment to consider just how long you currently spend onboarding for example – from AML checks and professional clearance to sending out proposals and letters of engagement. Even smaller tasks like submitting confirmation statements to HMRC can take up more time that it needs to. That’s why now is the time to change, before your firm outgrows its current processes. 

It’s time to put yourself in the driver's seat. Get a system that accelerates your processes all under one roof. By streamlining procedures – like onboarding – you can take on new clients easily, have tasks automatically assigned to your team and submit confirmation statements almost instantly. Plus, if you use a practice management software like AccountancyManager, you can get client details pulled from Companies House onto the system – no more chasing up clients for their information. If you do need any extra details and only get parts of them – no worries, AccountancyManager can follow up with them for you.  

“The integration with Companies House is a godsend for us. The customer service team are exceptional and come back on all queries quickly.”  
- Alana, Director in UK  

In our comprehensive guide, we discuss key areas you need to look at to scale your operations in a cost-effective, smart, and timely manner. Click the link below and let’s jump into it.