Identifying the reporting problem
Many firms rely on native reporting systems to track their day-to-day progress. The problem with these reporting systems, is that they are often static in content, meaning a lot of manual labour is required to update, change, or refine them. Ask:
Are you carrying too much WIP across your chargeable clients and looking to reduce this substantially?
Is your ‘best of breed’ Accounting application strategy making it difficult to see the wood for the trees when it comes to client fees?
Are you struggling to understand the total cost to serve across your service lines and which clients are the most profitable?
Is your approach to quotes and pricing of client work intelligent and based on similar practice-wide work package history?
Do you ‘long’ for a single view of your practice activities from client take-on, through time, expenses and financials?
The Solution
Data is constantly changing, and reporting on this data needs to be instant, robust, and aligned to all your accounting systems.
Practice Intelligence is a new ‘analytics layer’ that already supports core practice management applications your practice uses today.
It creates a separate database layer (or Data Lake) that sits over your existing core applications (Dynamics CRM, Practice Engine, Caseware, Alpha Tax, Xero, Digita, CCH, and other core accounting systems).
Instead of complex and costing integration of your core applications, T-Tech extract and unify information across your operational systems into a unique ‘analytical format’ that enables progressive accounting practices to create that elusive ‘single view of the client’ practice-wide.
