Vipul’s View: Outsourcing doesn’t have to be impersonal

annie spratt dWYU3i mqEo unsplash

As the founder of Advancetrack, I get a unique view of what goes on in the accounting profession, and wider. I speak to practice leaders and their teams about how they run their operation, and understand that they want to provide efficient and valuable services to a client base that trusts them… but also wants more from them.

I am kept very busy – as they are. In a positive way, of course. But that can mean that I don’t spend enough time holding discussions about my views and experiences more broadly, to a wider community.

It then made me think that outsourcing can be seen as impersonal: that tasks and processes are ‘handed over’ to simply drive efficiencies, saving money. However, it’s the exact opposite, at least that’s how I see it for myself and the Advancetrack team.

First and foremost our tech and processes have to be optimal, in terms of how they work but also from a security perspective. But, Advancetrack’s people have to be great at communicating with the practitioner clients they work alongside. And, crucially, the efficiencies gained through outsourcing tax and accounting tasks isn’t merely about lowering costs. It frees up valuable resource within a practice, enabling leaders to change and adapt their offering to suit complex and deeper end-client relationships.

What is an accounting practice but a series of relationships between accountant and client? And the relationship is integral to Advancetrack’s arrangement with accountants.

This ties into my original point, which is you’ll be hearing more from me, Advancetrack and our clients in the months to come. Relationships and communication are, after all, central to what we do.

Vipul Sheth is MD and founder or Advancetrack. He can be contacted by clicking here

Explore our resources

Whither the growth? Driving up business costs, discouraging employment, and cost increases that will likely fall on consumers… Vipul Sheth...
Read more
The need for accounting software migration has become increasingly common as firms scale and outgrow their current systems. If you’re...
Read more
As we celebrate with the winners of the Accounting Excellence Awards 2024, Vipul Sheth outlines some of the key characteristics...
Read more

Helping accountants confidently

Book a Call
Advancetrack®, Podsourcing® and InsideOutsourcing® are Registered Trademarks of E-Accounting Solutions Limited. Unauthorised use is prohibited.

Copyright 2006 - 2024 © e-Accounting Solutions Limited. All Rights Reserved.
Contact Details
Advancetrack®
University of Warwick Science Park
The Venture Centre
Sir William Lyons Road
Coventry
CV4 7EZ 

UK Tel: +44 (0) 24 7601 6308

Advancetrack®  
Level 10, 20 Martin Place Sydney, New South Wales
NSW 2000, Australia

Tel: +61 27 202 1478
Back to top
crossmenuchevron-down