New Software Enables Accountants to Be Better Advisors
New Software Enables Accountants to Be Better Advisors
The business coaching and consulting firm Proactive Accountants Network is reinventing themselves today as they relaunch as software company PANALITIX. The software is used by accountants to monitor small businesses financial and non-financial KPI’s in real time. This means that if your business is showing worrying trends in cashflow, profit or receivables – your accountant will receive an alert to call you straight away and offer advice on fixing the issue. This advice element of the software also ties into the bigger picture planning capabilities of the program.
CEO Rob Nixon, has been touting the effects of digital disruption on the business community for three years. Behind the scenes he was developing the software to help both accountants and the businesses they serve. “Most business owners significantly underestimate what is possible in their businesses. PANALITIX enables accountants to enlighten businesses as to what growth potential they have."
David Cowling from Accounting firm Roberts & Cowling says “The main reason I use PANALITIX is to keep my eye on the ball with my clients.” PANALITIX displays businesses' data in real time to help pre-empt what's going on in a client’s business. The program sends daily alerts to the accountant and flags if one of their business clients is in trouble. This now means that accountants can be proactive rather than reactive and call a business owner to discuss worrying financial trends.
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