Did you know that most accounting firms still sell time?
They charge by the hour and the client pays according to how long the job takes. There is little emphasis on what the job is worth because accountants are still bogged down in compliance work with the knowledge that clients have little choice but to use their services.
At McPhersons, our plan is to stop measuring time at all. Every project, compliance or not, will be priced according to its value to our clients. For example, if our tax manager found a solution that saved you £100,000, would you care if it took him an hour or a week?
Most accountants are months behind what is happening today. They produce your accounts sometime after year end and tell you what has already happened. Real time accounting can identify changes that can be made today that will impact tomorrow and our firm is in a position to help make history rather than write it.
If you recognise any of these archaic traits in your accountant, why not give us a call and arrange a time to get together for an informal chat about how we can help your business. By the way, we won’t charge you for this time! Only when we can demonstrate measurable added value.
So, we do get it – we get that you shouldn’t have to pay more than the value you get back.