DCPA2112. Taking Your Client Advisory Services to the Next Level with BI and Data Analytic Tools

As advisors, we strive to improve our clients’ businesses with the financials we provide them. Yet many of us still spend the majority of our time calculating ratios and creating spreadsheets manually. This doesn’t leave the necessary amount of time in our day to advise our clients on how to improve their financial results at a holistic level. Business Intelligence (BI) and data analytics are invaluable tools for client advisors to gain insight and foresight. However, without digging into the numbers, your advisory clients still may feel they are not getting what they need from you. We can learn to create the value that our clients desire by clearly communicating and analyzing the meaning of financial data in a way that helps them succeed and thrive.

During this session, be ready to learn from best in class vendors on how to dig into their KPI and Dashboard data in combination with Amy Vetter, CPA to help you learn how to take your advisory services to the next level with the communication techniques that will differentiate you from your peers. Be prepared to interact. We will generate questions you need to ask during an advisory engagement using the insights and analytics generated from automating these calculations through technology. Once we change how we create and deliver analytics, we can lift our value to our advisory clients as a strategic, highly valued partner whom they can’t imagine living without.

Learning Objectives:

• Explore technologies that automate the generation of data analytics and business intelligence to save time and provide deeper insights.
• Discuss how to use effective questioning to engage clients and share high value data analytics and business intelligence insights that set your advisory services apart from the competition.