Cash flow forecasting and cash flow management advisory should not be a marginal, on-demand proposition. Helping clients look ahead with confidence and putting in place basic cash flow maximisation strategies are core, essential and high value activities for accountants.
Embedding cash flow advisory services
Six key benefits of templating for accountants
Templates provide consistency across procedures in an accounting firm and across the level of service delivered to clients. Often a KPI dashboard or report can be tied into a particular value-add package. Having it templated means every client is receiving the same base level of service, created in a fraction of the time.
Suntax & Scrubbed win major Xerocon advisory competition
We're delighted to announce the winners of our recent Spotlight Super VCFO competitions, held at Xerocon in San Francisco and Brisbane. A huge thank you to the 500+ Xerocon attendees who visited our stand over the two conferences, from whom we have drawn the following two winners:
The Biggest Bang in Brisbane - Xerocon South Delivers
It's been a hell of a ride from the first Xerocon in 2010 with fifty accountants and a handful of Xero employees getting drunk in a vineyard near Rod Drury’s house. To the 17th and biggest instalment yet in a huge conference centre in the heart of Brisbane and featuring a cast of 2,300 accountants, bookkeepers, software peeps and Xeroes. As CEO of Spotlight Reporting, a former 'Xero' and...
New industry templates, UK balance sheet layout and user interface
Our latest release includes a number of enhancements:
- New agriculture and hospitality industry templates
- Balance Sheet Layout
- Re-designed Organisation and Practice Settings Pages
Spotlight Reporting secure $5 million in new capital raise
Spotlight Reporting, the Wellington-based cloud software company, has secured $5 million in a Series A raise.
The fresh capital includes contributions from NZVIF-backed Venture Capital Fund Global from Day One Fund 2, ex-Xero Director and Spotlight Reporting Chairman Graham Shaw, Vend Director David Wilson, MYOB co-founder and Xero Director Craig Winkler and others.
Why a cash flow forecast is king at Xerocon South?
To illustrate why cash flow forecasting is critical for advisors and accountants, we will be launching a new white paper ‘Cash is King - Cloud Style’ at Xerocon South in Brisbane. This white paper covers: embedding cash flow advisory services; scenario planning; cash flow management; pricing and debtor process reviews; and debt and capital review. If you’re heading along to Xerocon, the first...
Driving reporting excellence through consolidation
Being able to prepare consolidated reports is a ‘must’ for advisory accountants. Over time, your client’s entity may have grown into a multi-entity global business. Perhaps these entities were originally set-up to minimise risk and reduce tax or they simply diversified into other interests. Whatever the reasons, you now need to be able to prepare consolidated reports based on their group...
Six ways to focus on customer experience to increase your clients' profits
Arguably the biggest hindrance to business growth is the loss of customers. If your clients are looking to grow, one of the best ways to do this is to focus on their existing customers.
Reducing your clients customer defection rate by 5% can increase their profitability by 25 to 125 per cent. So what can you help measure to increase your client’s customer experience?
Business intelligence at Xerocon San Francisco
Business intelligence is critical to being an advisory accountant. You can’t provide valuable advice without analysing data to draw it from. To unlock its value, the data needs to be properly processed and presented in ways clients can easily understand.