“Start with the why. Do you know your why? The purpose, cause or belief that inspires you to do what you do?”

1. Why do I do what I do?

2. How do I do what I do?

3. What do I do what I do?

These are the three fundamental questions that I constantly ask not only myself as an accounting professional, but also my clients and challenge them with these questions.

Why do I do what I do?

I love accounting and I believe that accounting is the universal language of business. We the accounting professionals really have the ability to change the world, one business at a time, by helping business to grow and achieve what they want to achieve. Running an accounting firm is both exciting and rewarding at the same time when we grow by helping our clients to grow. We believe we will be successful if our clients are successful.

How do I do what I do?

“To adapt, to not be complacent. Complacency leads to extinction”

At NumberWise, we always challenge the status quo and start working differently and that’s the challenge. If we try to hold on to the old way that we’ve always worked that’s when opportunities are going to pass you by. What you have to really think about in your accounting practice is, “Am I equipped for the Future of the Accounting Profession?” “How do I plan for the future and what are the trends?” And never, ever get too complacent.

Having a willingness to adapt and learn will put you in a position where the change is made as easy as possible.

Change is good. If you’re not learning something new, you’re not able to progress and it won’t get you to where you need to be in the future.

With change comes opportunity!

What do I do what I do?

“Am I equipped for the Future of the Accounting Profession?”

We the accounting professionals need to adapt to the new technology that’s coming out there and not be afraid of the technology and move forward.

With cloud accounting software, business owners and the accountants can work remotely on a single ledger using one set of data, access accurate and up-to-date financial data to make more informed decisions. It means business owners receive real-time advice, when and where they need it.

At NumberWise, we moved all our clients into cloud accounting platform 6 years ago and it was transformative to the way we could run the business. Shifting from a compliance based accounting model to now an advisory, real-time cloud accounting allowed us and the teams to look forward, not just backward.

“Accounting firms need to think globally to thrive!”

With single ledger, our clients base grew into a global one with no boundaries in geographical borders. We can now help with client expanding globally, and also help with many more multinational clients coming into NZ. Depending on where our clients are, we build our schedule around our clients on their time zone to make it easier on all of us. We are “virtually” right next to them providing real time advise. We grow globally together with our clients!

It was a game changer.

While the transition of moving your firm into cloud accounting software won’t happen overnight, by taking small steps, accounting professionals can make it as easy as possible. It can seem like a huge undertaking, but believe me you will benefit far into the future by making this investment now and reshaping the architecture of your firm.

Anyone can use the cloud to their best advantage, provided that they are willing to learn and adapt.

Call to action:

We are in the future. Cloud accounting software enables us the accounting professionals to save time and go beyond not just the day-to-day numbers, but also beyond borders to going global. There are no boundaries.

This is a unique opportunity to bring about fundamental change to the way us the accounting professionals, and businesses operate in one of the world’s most exciting industries.

For many accounting professionals, the question is no longer “how will I move to cloud accounting software?”, but “when?”

Are you ready for this once in a lifetime opportunity? We know we are!

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© 2021 Number Wise Limited.