Home | News | IRIS launches Practice Advisory to help you thrive in the digital economy

IRIS launches Practice Advisory to help you thrive in the digital economy

7 minutes length
Posted: 8th October 2018

IRIS Accountancy Solutions is today launching a new service to help accountancy practices capitalise on the Making Tax Digital (MTD) journey. IRIS Practice Advisory provides a range of workshops and consultancy services designed to build on current expertise and help practices transform into a fully digital firm.

IRIS has joined forces with Farnell Clarke to deliver the services, enabling firms to utilise the extensive expertise of both parties to explore and develop practice growth strategies. This includes practical steps to move to an advisory-based practice, capitalising on the MTD journey and devising commercially viable, value-added services. All elements of service provision are explored including technology infrastructure, applications and security; types of service and enhancing client communications.

Sion Lewis, CEO of IRIS Accountancy Solutions explains, “As much as the industry has talked about the move to advisory services, many firms are still focused on the MTD journey. IRIS Practice Advisory will provide practical advice and support to make the new digital economy a commercial reality. The combination of our expertise and Farnell Clarke’s knowledge in developing a leading digital practice, means we can provide hands-on help for practices to devise best practice, transform culture and strategy.”

Will Farnell, founder of Farnell Clarke says, “I look forward to bringing my personal experiences as to what a digital, future-proof firm looks like to help fellow accountants build successful digital firms. We all need to be ready to embrace the changes rapidly taking effect in the market and, alongside the experience of IRIS, I believe we can help other practices move from surviving to thriving in the digital economy.”

Steven Cox, chief evangelist, IRIS Accountancy Solutions and Will Farnell, founder of Farnell Clarke will lead the IRIS Practice Advisory consultancy sessions which are available in three formats:

Workshops: IRIS Practice Advisory is hosting a series of workshops across the country. Places on these will be limited to focus on the current pitfalls and issues attendees are facing, how to get around them and importantly how to change as a result.

In-practice workshops: IRIS Practice Advisory provides tailored workshops for individual accountancy practices, enabling them to analyse their current processes, business model and strategy, and develop new plans to aid digital transformation.

Consultancy services: IRIS Practice Advisory provides specific consultancy services across ten business areas, bringing in additional expertise where required. Business areas include firm strategy; technology; services; process review and design; pricing; customer experience; marketing strategy; business development; people and workplace culture, and data strategy.

For further information visit: https://www.iris.co.uk/iris-solutions/accountants-in-practice/advisory/ 

th October 2018: IRIS Accountancy Solutions is today launching a new service to help accountancy practices capitalise on the Making Tax Digital (MTD) journey. IRIS Practice Advisory provides a range of workshops and consultancy services designed to build on current expertise and help practices transform into a fully digital firm.

 

IRIS has joined forces with Farnell Clarke to deliver the services, enabling firms to utilise the extensive expertise of both parties to explore and develop practice growth strategies. This includes practical steps to move to an advisory-based practice, capitalising on the MTD journey and devising commercially viable, value-added services. All elements of service provision are explored including technology infrastructure, applications and security; types of service and enhancing client communications.
Sion Lewis, CEO of IRIS Accountancy Solutions explains, “As much as the industry has talked about the move to advisory services, many firms are still focused on the MTD journey. IRIS Practice Advisory will provide practical advice and support to make the new digital economy a commercial reality. The combination of our expertise and Farnell Clarke’s knowledge in developing a leading digital practice, means we can provide hands-on help for practices to devise best practice, transform culture and strategy.”
Will Farnell, founder of Farnell Clarke says, “I look forward to bringing my personal experiences as to what a digital, future-proof firm looks like to help fellow accountants build successful digital firms. We all need to be ready to embrace the changes rapidly taking effect in the market and, alongside the experience of IRIS, I believe we can help other practices move from surviving to thriving in the digital economy.”
Steven Cox, chief evangelist, IRIS Accountancy Solutions and Will Farnell, founder of Farnell Clarke will lead the IRIS Practice Advisory consultancy sessions which are available in three formats:
Workshops: IRIS Practice Advisory is hosting a series of workshops across the country. Places on these will be limited to focus on the current pitfalls and issues attendees are facing, how to get around them and importantly how to change as a result.
In-practice workshops: IRIS Practice Advisory provides tailored workshops for individual accountancy practices, enabling them to analyse their current processes, business model and strategy, and develop new plans to aid digital transformation.
Consultancy services: IRIS Practice Advisory provides specific consultancy services across ten business areas, bringing in additional expertise where required. Business areas include firm strategy; technology; services; process review and design; pricing; customer experience; marketing strategy; business development; people and workplace culture, and data strategy.
For further information visit: 
https://www.iris.co.uk/iris-solutions/accountants-in-practice/advisory/ 
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Notes to editors

Steve Cox, Chief Evangelist, IRIS Accountancy Solutions

Steve is the Chief Evangelist for IRIS Accountancy Solutions; a passionate technologist and accountant who looks at how technology can simplify the modern accounting world. Joining IRIS in 2002, Steve brings over 16 years of experience in technology and accounting which he uses to work closely with customers, software companies, governing bodies and Government to champion the digital transformation of the UK’s accountants and SMEs.

Will Farnell, founder, Farnell Clarke

Will founded Farnell Clarke in 2007. Farnell Clarke became a 100 per cent cloud practice in 2008 and has been at the forefront of the technological revolution ever since. Will regularly speaks on cloud accounting and digital practice transformation, as well as working with other firms to help them implement a digital practice strategy.

About IRIS Accountancy Solutions

With over 21,000 customers and 83 of the top 100 UK accountancy practices using IRIS products and services, IRIS Accountancy Solutions exists to simplify the lives of accountants by making them more effective and more productive. Through its heritage of deep domain knowledge, breadth of product functionality and innovative use of technology, IRIS delivers best-in-class accountancy software solutions for use by every practice in the UK.

Approximately, 44% of all online submissions to HMRC and Companies House are made using IRIS software – the most efficient suite of integrated compliance, productivity and collaboration solutions for accountants to grow and evolve their practice.

IRIS Accountancy Solutions is a division of IRIS Software Group, the largest privately-owned software supplier in the UK and one of the most trusted business-critical software and services providers in the UK today. Through its solutions, the group serves more than 80,000 SMEs, corporates, and payroll bureau customers across a wide range of UK industry sectors. IRIS Software Group offers the greatest range of specialist accountancy, financial management, human resource management and payroll solutions – delivered as a choice of integrated on-premise software and cloud-based applications. These are managed under the leading IRIS, PTP, KashFlow, Keytime, Taxfiler, Cascade, PS Financials, Results Squared, ParentMail, Star and Earnie product brands. 

For more details visit iris.co.uk. or follow the brands on Twitter: @irisaccountants, @irispayroll, @kashflow, @keytime @CascadeHRMS, @PSFinancials, @ParentMail and @TaxfilerLtd.

About Farnell Clarke

Farnell Clarke is an innovative and pioneering accounting firm based in Norwich and London. Farnell Clarke was founded in 2007 by Will Farnell, having previously worked within a Big Four firm advising predominantly public sector bodies on efficiency and process improvement. From day one there was a desire for Farnell Clarke to be a different kind of accounting firm. 

Farnell Clarke has twice been named Best Independent Firm (East of England) at the British Accountancy Awards, and in 2016 was named Most Innovative Firm in the independent and overall categories. 

In 2009 Farnell Clarke was one of the first 100 per cent, cloud practices in the UK and the way it deployed technology in the firm was a significant catalyst in the firm’s growth. Using the experiences acquired over the last ten years as a tech-driven practice, Farnell Clarke has seen a consistent growth averaging 37 per cent year on year. For further information visit farnellclarke.co.uk.

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