Many accounting firms are moving beyond traditional accounting and compliance services and offering more strategic services, according to a new report by Bill.com, CPA.com and Hinge Research Institute.
The report, based on the responses of more than 650 accountants and business professionals across the nation, offers valuable pricing benchmarks and emerging trends for firms of all sizes.
More than 60% of accountants surveyed offer strategic advisory services, 26% offer outsourced/virtual CFO services and nearly 25% offer cash flow analysis, the report found.
The survey data indicates that being able to offer expert insights when it comes to finances will give firms the upper hand when it comes to implementing value pricing as it enables them to provide a better customer experience. See more highlights.