Venture Capital is taking over accounting firms because they believe they can automate the everyday compliance stuff and get rid of those expensive human accountants and bookkeepers. Turn the profession into a robotic process by accepting everything at face value and not questioning any transactions. Will it work and give them fantastic profits as a result of not having any overheads other than their subscriptions to the software?
Yes to a certain extent I suppose it will.
So recognising this there is now a new game. It’s called “don’t worry lets look for a positive spin” so accountants and bookkeepers happily continue to jump off the cliff with all those other gullible lemmings Lets pretend that the robots are not taking our jobs but instead are there to “take away the mundane and boring and give us time to do the exciting business advisory stuff”.
Except that the vast majority of accountants and bookkeepers have never been taught how to give business advice…. but there is a solution!!!!
More automation. More AI. More bots. This software can help you produce automatic reports which you can send to your clients every month and they will think you are marvellous business advisors and you never have to go outside your comfort zone and see anyone face to face.
What has happened to honesty? What has happened to empathy? What has happened to looking into someone’s eyes and giving them the brutal truth?
Sorry, but if you have a business problem you need someone there in the flesh working alongside you to solve that challenge. You do not want a report even if it is full of pretty and colourful graphs and pictures. You want someone to explain an issue in plain jargon free language and help you find a solution. You want someone to tell you not to be a numpty and stop doing something which may damage your business.
Sorry but if that means I am old fashioned and a dinosaur then that’s great and I am pleased to continue meeting my clients regularly face to face to help them build awesome futures for themselves and their families.
In the meantime do the Future Proof Business Assessment and if you need to improve your scores call us on 01206 233170 and speak to a human.