5 Benefits to Making Your Firm More Agile

When agility is practiced in a firm it allows you to quickly respond to opportunities, react to change, maintain profitability and keep clients happy. Doing these things can put you in a better position to win new business and grow your firm. Here are some benefits to adopting agility:

Winning New Business and Growing Revenue
Agile firms propose quickly, yet accurately. They can identify relevant past client work to serve as an insight for new proposals. Additionally, they can easily determine if the resources are available to accommodate new work.

Reacting to Change and Maintaining Profitability
Agility helps firms respond appropriately to changes and shifts in engagements. When an extra assignment gets added, agile firms quickly determine who has the skill set and available capacity to take on the project. This helps maintain profitability and quality of work.

Responding to Clients and Managing Their Expectations
Flexible processes give firms the agility they need to respond to client demands and satisfy their needs.

Staging for Growth
Agile firms are better suited for growth opportunities. They can adapt quickly, modify their processes and react to things like new service offerings or expansion into new geographies.

Empower Your Firm
Don’t get overwhelmed trying to create new processes. Agility simply means accessible information and organization, so spend your time empowering staff to react quickly rather than introducing hundreds of new procedures.

For more information on how to make your firm more agile, visit Accounting Today.