I don’t know if you have noticed, but business is getting faster and faster. Since the advent of the Internet and especially since the introduction of Web 2.0 technologies business processes have shifted a few gears up.
These facts in itself should really be reason enough to demand that your advisors are online, because business is fast so the advice should be fast too. Let me be clear about one point her, fast does not mean cheap or useless, it means fast and high quality. That is exactly where it gets interesting.
In order for the advice, in this case the financial advice, to be of high quality your accountant needs access to your company data in real time at anytime. The only way that is going to happen is by using online technology.
So, if you are still on ‘boxed’ software make sure you change it, as you are loosing competitiveness, you need to put your office online. But far more importantly, if your accountant is still on ‘boxed’ software – fire him or her. You may not only lose your competitiveness, you may actually lose your whole business, especially during times like these, because many of your competitors are using this kind of technology now and will get ahead of you because of it.
Make sure you get your advice whenever you need it, not tomorrow or next week, no NOW!