Practice Management
Are you concerned whether your practice management delivers sustainable and increasing profits, as industry benchmarks point to slowing revenue growth and increasing staff costs as a percentage of revenue?
Clients are becoming increasingly cost-conscious and are prepared to resist fees at current levels – let alone accept fee increases. At the same time, technology and the move to the cloud are relentlessly driving the commoditisation of compliance services that form the bread and butter of most Irish practices, and generational shifts in the way business is done are forcing the profession to create new ways of delivering value.
Many view this as a challenge, but we firmly believe there is an opportunity to be grasped. New higher value-add services and a tightened focus on practice management can be leveraged to bring in new business and increase profitability.
Clients are become increasingly cost-conscious, while technology is relentlessly driving the commoditisation of compliance services
To find out how OmniPro can help you to increase profitability through improved management, email us or call us today on 053-9100000. We look forward to working with you.
How We Can Help
At OmniPro, we have worked with 100s of Irish accounting practices. We have also worked alongside and partnered with many of the profession’s leading international practice management experts, and we have walked the walk ourselves, growing OmniPro from a start-up to a multi-million-euro turnover business.
We have seen the key practice management factors and KPIs that differentiate the best and most profitable accounting practices, and we have witnessed the personal behaviours that motivate, or inhibit, teams in achieving professional excellence.
The practice management areas that we can help you with include
- Increasing profitability by better managing your productivity, cost management and client management KPIs
- Improving pricing and billing practices to reduce write-downs and cash lock-up
- Enhancing leadership capabilities and creating a positive work culture
- Clarifying roles and responsibilities and managing staff through performance KPIs
- Developing compensation packages that motivate performance and teamwork
- Strategic marketing to grow revenues and attract more ideal clients
- Enhancing customer service to retain existing clients and win more business from them
- Developing new, higher value service areas
- Leveraging technology to become an opportunity rather than a threat
- Supporting and advising you on the future development of your practice, including incorporation, merger, sale, succession planning and exit strategy
Specific OmniPro Practice Management Solutions Include
- One-to-one consultancy
- Tailored in-house management training
- Our live, web and online management CPD courses
- ProfitPro – our practice management blueprint
- Our partner programmes – Ignite (profitability growth programme) and Business Advisor Process (developing new high value services, by becoming your clients’ most trusted business advisor)