I read an interesting Accountancy Age article before Christmas about how two-thirds of accountants are set to outsource services to remain competitive. Ignoring the author’s potential bias, this still strikes me as quite a change for the market.
I am an independent technical expert in my field and I have to say that collaborating with a Top-20 accountancy firm to deliver excellence to their clients has worked really well for us all. The client gets reassurances and a joined-up service by working with its accountancy firm as well as deep technical expertise that really only comes from working day in day out in a very narrow field of tax (for too many years to count).
For me personally, collaborating to bring more overall client value feels inspiring and energising. And nice to give first-hand ‘on the job’ learning opportunities for the firm’s trainees too. A true win:win.
And so perhaps the days of large firms employing rafts of specialists will become a thing of the past. Particularly given the desire for autonomy and flexible working that I see in graduates today.
And so why might you want to outsource?
In a nutshell:
- Your clients get top-notch expertise that they will thank you for
- Happy clients are likely to stay with you
- Bringing opportunities to your clients ensures that you are fulfilling your role and protects against competitors finding an easy way in
- Great learning experience for your team
- Attractive overall value proposition
Do get in touch to find out more.
