• Home
  • About Us
  • Search Jobs
  • Submit Resume
  • Articles
  • Testimonials
  • Clients
  • Contact Us
Have you taken our Salary Survey?
  • My Account
  • Saved Jobs
  • My Searches
  • My Badges
  • Logout
Accountant Jobs. Find accounting jobs in Auditing, Insolvency, Business Services and Tax.
  • About Us
  • Jobs
  • Articles
  • Testimonials
  • Contact Us
Search Jobs
Find Talent

Search


OR

Submit Resume

  • Insolvency
  • Tax
  • Business Services
  • Auditing
  • Superannuation

Collaboration – the Future of Australian financial services firms

By Veronica Costas
 
331
Views
Tweet

Accountants and accounting firms have been warned repeatedly over the years that technological advancements will end compliance-based services. As we start to see this reflected in reality – a 2016 survey from Accountants Daily shows one in five respondents have noticed a decline in compliance-based services in the past year, we need to understand what methods will assure a sound future for our firms and practices.

Xero Australia’s managing director Trent Innes believes we will soon experience “100 per cent digital accounting practices,” and that “any business unwilling to be a part of its connected world will likely find themselves isolated from insight and stuck in the past.”

Ben Smoker, chief executive at Saxo Capital Markets Australia, agrees, and recognises the need for Australian firms to rethink the ways in which they deliver value to clients. In his opinion, the future success of firms lies in collaborative initiatives – “when businesses with different capabilities combine efforts to deliver more value.”

“A clear advantage for forward-thinking companies who chose to accelerate their growth by collaborating with other firms is the reduction of costs and time that would take building technological infrastructure on their own,” Mr Smoker said.

“Companies in finance are free to choose isolation over collaboration, but […] in this highly competitive sector, collaborating with a fast execution will be a defining factor for businesses to increase or even maintain market share,” he concludes.

Keep an eye on Accountant Jobs for the latest accounting related jobs, or follow us to stay up to date with our latest accounting blogs.

Follow us on Facebook
Follow us on Twitter
Follow us on LinkedIn

Articles
The Best Apps on the Market for Business Professionals 
Today's multi-generational workforce  
Globalisation and the Workplace 
MYOB annouces Paycorp acquisition 
10 Tips to get you closer to your Dream Job – Part 1 
Navigate
  • Home
  • Jobs
  • Submit Resume
  • News / Blogs
About Us
  • About Us
  • Testimonials
  • People
  • Contact Us
Links
  • AuditingJobs.com.au
  • BusinessServicesJobs.com.au
  • InsolvencyJobs.com.au
  • TaxJobs.com.au
Copyright 2019 PC Recruitment Pty Ltd. All rights reserved.

Privacy Policy - Cookies