Articles

Do you have a Cloud Strategy?

It is interesting to observe the changes in the profession as a result of technology. As a technologically advanced accountancy outsourcer, we understand the changes and are driving the biggest changes in the profession. Cloud accounting is transformational.

What is surprising is that there are a significant proportion of firms who have yet to develop an integrated approach to cloud accounting and bookkeeping.

Receipt Bank contribute their thoughts on making bookkeeping pay for the professional firm. This is available to read on our website.

Many accounting firms have steered away from bookkeeping in the past due to the relatively low value and the large volume of paperwork. Consider how much work you passed to local bookkeepers in the past? Consider how inconsistent the quality of these bookkeepers has been over that time.

So what are your options today?

 

No change (The Do nothing strategy)

That is a strategy of sorts. The long-term impact of such a strategy is to reduce the long-term value of your practice, as few new entrepreneurs will buy your firm’s services if you don’t demonstrate cloud capability.

Half-baked cloud strategy (Partial cloud strategy)

There are many firms that fit this profile. Consider how many of you have clients that use Sage, Xero or QBO (and many others) and because your client has introduced you to them, you do support them, but it is almost accidental?

In this instance, you support anything as long as you win the client.

Full cloud strategy

This is where the firm has a clear strategy as to which products it will support and how they will transition appropriate clients to their chosen software products and how they will attract new clients using their expertise in the chosen products.

 

A truly professional outsourcer like AdvanceTrack can deliver cost-effective and efficient delivery of bookkeeping and other compliance services. This strategy can also help deliver a cloud strategy faster than in-house staff.

Outsourcing should help you focus on what you do best – deliver better service and advice to your clients.

AdvanceTrack is run by UK based ICAEW Chartered Accountants and are certified by BSI in the UK for ISO9001:2015 (Quality Management) and ISO27001:2013 (Information Security Management) and operating since 2003.

Call us today to arrange a meeting to help you develop and deliver your cloud strategy on +44 (0)24 7601 6308

It is interesting to observe the changes in the profession as a result of technology. As a technologically advanced accountancy outsourcer, we understand the changes and are driving the biggest changes in the profession.

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2016 InsideOutsourcing Newsletters

2016 InsideOutsourcing Newsletters

 

» December 2016 – Zip through your work with AdvanceTrack’s #seamlessbookkeeping in the Cloud

» November 2016 – Cut through the marketing – What is the difference between offshoring and outsourcing?

» October 2016 – Survey Results – What Accountants want from Outsourcers

» September 2016 – How Value Pricing Improves Your Practice

» July 2016 – Are you Tired of Outsourcing? Not all Outsourcers are the same

» June 2016 – Grow your Firm’s Capacity without the Staff

» May 2016 – AdvanceTrack are first major accountancy outsourcer to achieve ISO9001:2015 and ISO27001:2013 certification

» April 2016 – Fire Your Clients and Make more Money

» March 2016 – Build a Connected Cloud Strategy with AdvanceTrack

» February 2016 – How to build a cloud accounting practice

» January 2016 – How to create a niche accounting focus at your firm

 

 

 

 

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2015 InsideOutsourcing Newsletters

2015 InsideOutsourcing Newsletters

» December 2015 – Accountants. It’s time to get your head in the cloud


» November 2015 – Struggling to recruit new staff?


» October 2015 – Spotlight on Spotlight


» September 2015 – Cloud Accounting? Or a business revolution


» July/August 2015 – Making bookkeeping pay


» June 2015 – Advancetrack achieve ISO 27001:2013 certification


» May 2015 – 10 ways to make your practice fit for the future


» April 2015 – XERO firm chooses Advancetrack


» March 2015 – What to look for in an outsourcing partner


» February 2015 – Outsourcing for the first time


» January 2015 – What is the entrepreneurial accountant?

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AdvanceTrack Upgraded to ISO27001:2013

AdvanceTrack achieved the latest Information Security Standard ISO27001:2013. Our Managing Director, Vipul Sheth commented

Achieving the accreditation in a critical area of our business is an important milestone for us. It was important for us to demonstrate our leadership in best practice by attaining the new 2013 version of the ISO27001 Information Security Management standard.

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The Journey to the Cloud

An article discussing the move to the Cloud for Accounting Software.

A survey of 250 UK Accounting Firms by Xero found that 65% are now either in the Cloud or almost there.

We discuss:

1. How the Business Model is changing for Accountants
2. The Benefits for Clients and Accounting Firms
3. Strategic Objectives for the Client
4. Collaborative Relationships
5. A Look at the future

Where are you in Your Journey to the Cloud?

Click here to take a read
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AdvanceTrack ISO on the Double

We are proud to announce that we have been awarded certification to ISO 27001, the internationally recognized standard for information security management and ISO9001 for Quality Management. Gaining independent, third-party verified and accredited certification demonstrates that AdvanceTrack has the appropriate measures in place to ensure that the standards’ stringent requirements are met. The certification provides impartial evidence that AdvanceTrack is following and exceeding industry best practices as part of a corporate governance program and has implemented a robust management framework regarding information security and quality.

ISO 27001 certification demands that companies adhere to control disciplines spanning numerous areas, including risk management and security as well as business continuity management and compliance. The scope of the AdvanceTrack certification covers all service provision for outsourcing using the company’s AdvanceTrack service. Vipul Sheth, Managing Director at AdvanceTrack Outsourcing said:

ISO 27001 is not easy to achieve and AdvanceTrack will have to have met over a 100 checks and balances to gain it. So achieving this award is a serious milestone for AdvanceTrack, and should go a long way to assure customers that their data and content is managed securely.

ISO9001 demonstrates that we take quality seriously and have a robust approach to managing quality within our business.

We’re delighted to have achieved certification from BSI within such critical areas of our business. This independent validation provides customers with further confidence that we are the partner of choice when it comes to data security and quality. The need to manage data securely is a key requirement of professionals and we are delighted that our protocol has passed this independent verification process.

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