The accounting industry has evolved, globalised, and has become highly competitive. To sustain in this ever-changing business environment, it is essential to address these following challenges.
Competition has increased manifolds. Clients are now demanding more value for money and there is the need to find the right strategies to gain competitive edge and survive, or face the likelihood of being forced out of the market.
Time is money. But in contradiction, accountants find themselves spending a lot of time on routine compliance tasks; time which could have been used to focus on more value-adding projects. The lack of time and resources make it hard to scale the business.
The hunt for talent is a challenge. The ongoing skilled shortage in the sector affects the ability of the business to grow.
Outsourcing your accounting and compliance services to KAR would solve all your issues.