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Resource Center
Find valuable information to help
you manage your business.

Whitepaper & Reports

Our White Papers and Reports were designed to provide important information on a variety of topics that effect today’s businesses.  These documents include:
  • Business Best Practices Report
  • Accounting Best Practices Report

Business Best Practices Report

Download Best Practices Report Now

Executive Summary

Employers have entered an era of unprecedented challenge when it comes to managing a business: rising customer expectations, talent shortages, generational change, legal risks, outsourcing needs and technology advancements are just a few factors significantly impacting the success or failure of any business. Running a company today requires the ability to look outside the business for solutions, ideas and best practices. Escalating this challenge is the Internet, globalization and competition from larger enterprises (think SAP in software, Wal-Mart in retail and H&R Block in tax accounting) in all product and service lines.

Best practices are new standards for the betterment of small- to medium-size businesses.

Business Best Practices include:

 

  1. Focus all employees on revenue-producing activities
        a. Eliminate internal non-core activities
        b. Align work to business goals
  2. Make planning and daily decisions using metrics and business analytics
        a. At the executive level
        b. On the frontline
  3. Use outsourcing partners
        a. To instill processes, technology and systems best practices
        b. To reduce costs
  4. Proactively mitigate risk
        a. Employee
        b. Environment
        c. Competitors
        d. Legal
While small -to mid-size businesses face a multitude of daily challenges, they have the advantages of being agile, flexible, customer centric and more apt to develop and respond to innovation. These businesses can also more readily adopt best practices, which is one  reason Perquest, a leading provider of online workforce solutions, is releasing the results of this survey.

This report summarizes the survey results and illustrates our insights from working with thousands of businesses.

The key findings in this report discuss how small businesses struggling with financial, employee, customer and time-related issues can effectively adopt best practices to compete with larger enterprises for customers and employees.

Download Best Practices Report Now

Accounting Best Practices Report

Download Accounting Best Practices Report Now

Executive Summary

Accounting professionals have entered an era of unprecedented business challenges. In addition to managing the escalating complexity of their own businesses, today’s accounting practitioners must balance the needs of their client base for both traditional accounting support and key advisory services.

Challenges Facing Accounting Practices

  • Rising customer expectations
  • Talent shortages
  • Ever-increasing legal and compliance risks
  • Technology needs for workforce analytics
  • Outsourcing
In today’s unstable economic environment, it is critically important for accounting practices to manage these challenges effectively, while maintaining client relationships and positioning the firms for future success.

Opportunities

To thrive, accounting practices must view this changing business environment as an opportunity to expand. As businesses increasingly request additional services, practices have the opportunity, as trusted business advisors, to both increase revenue and deepen client relationships. Maintaining quality and competency in the core business, while offering more robust and comprehensive services, requires practices to seek ideas, tools and solutions from others.

This report summarizes research survey findings from accountants, CPAs, business owners and partners, financial planners, tax advisors and consultants.
  • The first section discusses the state of the accounting industry and highlights industry benchmarks and trends.
  • The second section discusses how practices can effectively adopt ideas and solutions from industry peers, called "best practices," to deliver more services, more profits and a better performing practice.
Download Accounting Best Practices Report Now


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