You are not alone. In a recent report* 91% of senior financial decision-makers feel their role has evolved so much that there is an increased amount of pressure on them and over a third aren’t confident that their current finance solution will be able to scale with them. Even more surprisingly, Senior Financial decision-makers reported spending on average 25 hours a week on manual tasks.
This presents an exciting opportunity for the ambitious accountancy firms to enter the service of mid-market clients. More mid-market businesses are looking to outsource their finance function due to the evolution of their role and increased pressure, bringing with them larger fees and the opportunity for accountants to scale their practices quicker than before.
Progressive accountants see this opportunity and are investing in finance software than can continue to support their bread and butter, the start-ups, but see the future of their business in serving new clients in the mid-market space.