Recent research shows that 88% of accounting firms face challenges in at least one of these four categories: marketing, sales, productivity, and profitability. With such a significant proportion of firms struggling in these areas, it’s clear there’s a real need for support and guidance. Despite being highly qualified technically, many accountants have never been trained …

In partnership with AVN, training to grow your accounting firm Read More »

With rapid action, many distressed businesses that would otherwise go into Administration could be saved, but only with a robust plan and rapid action, typically to improve the immediate cash position. Ideally you would go from a first meeting to agreeing a robust action plan in under 2 hours and start implementation immediately. As an …

Turnaround and Recovery Just Became Much Easier Read More »

Funding Options is on a mission to help accountants increase their foresightedness when dealing with SME clients and help them spot the funding that could help power their growth strategies or better manage cash-flow. Accountants spend considerable time and energy advising their clients on how to combat cash-flow problems once they’ve arrived. But much like …

In Partnership with Funding Options Read More »

Please find a useful update from Gerard Duggan and the team at Utilitrack. The Government has provided more information on the energy support package for business. The Energy Bill Relief Scheme will provide, from 1st October 2022 to 31st March 2023, a discount on the bills of all businesses, charities and the public sector. The …

Energy Bill Relief Scheme – further information Read More »

A horror story you can help your clients avoid with a little bit of prior planning and provided you know how to help them. We all know some suppliers routinely check credit ratings before agreeing credit arrangements, this includes the Utilities sector. We also know business utility costs are going up by 100% to 200%, …

Unexpected Ramifications – Not a lot of clients know this Read More »

We were recently asked if VFD Pro could synchronise with Sage 200, the management team in this particular business were having trouble generating meaningful reporting and preparing a forecast for their business. Using two basic reports from Sage 200, they used VFD’s manual conversion tool to convert the reports and upload them to VFD to …

Big or Small, VFD is perfect for them all. Read More »

For most business owners, running a business is like driving a car at night without using any headlights. With good reporting, they will have a good idea of how they have got to where they are but will find it difficult to be certain they are heading in the direction they want to go. VFD …

Ensure your clients are using their headlights when driving in the dark Read More »

The VFD Pro are delighted to be teaming up with Tennick Accountants to deliver the ‘The Real ROI on Advisory’ session. In this reveal all session, award-winning accountant, Graeme Tennick, will be sharing the pains, gains, what works and what doesn’t when it comes to delivering advisory services at scale. Graeme will be joined by …

Digital Accountancy Show 2022 Read More »

We are in good company as sponsors of the Accountants in Industry Theatre at Accountex 2022. (Excel London 11-12 May 2022). Visit Accountex Day 1 Programme: Wednesday 11 May 3 C’s of Employment Law Jemma Fairclough-Haynes | CEO Orchard, Employment Law A must-have talk to equip employers about he basics and the latest requirements in …

VFD Pro Sponsoring Accountex 2022 Read More »

Fantastic to see more forward thinking accountancy practices added to the VFD Pro map. Improving the understanding of key financial data to deliver better business outcomes. Take out a free trial here.

We have created the Financial Management for Business Owners (FiMBO) training programme to make it easy for you to provide your clients with the financial training they so desperately need and help you sell your Financial Advisory services. Why not join one of our weekly sessions which focus on the biggest challenges faced by SMEs. …

Why you should upskill your clients on Managerial Finance Read More »

Resources:Key VFD Pro reports and models supported by a video guide. This will help you identify, interrogate the reports and build the models – making your client meetings even more productive. Support:‘Release notes’ are added each time new functionality is available. Here you will also find the most ‘Frequently Asked Questions’. Modules:A full range of …

Now you can offer even more value to your clients using the VFD Pro Academy Read More »

The all-new Performance Trend Report can be used with any client, whether they have one month or one hundred months of trading history, allowing you to offer actionable insight, each month, right across your client base. As with all VFD Pro content, there is absolutely nothing you need to do to use the new report. …

New: Performance Trend Report Read More »

A huge thank you to Cliff Spolander of Business Optics for a very informative, educational and above all valuable insight into the world of the SME Business Owner and the challenges of selling your business and exiting on your terms. My two ‘take-aways’ from the workshop were 1), start preparing for sale 5 years before …

Because Death is Not an Exit Strategy Read More »

Mastering a new skill takes practice, providing online workshops to present, explain, and answer questions is a great way to do just that. In fact, it is a huge win-win, not only do you get to engage with both clients and prospects, you practice, master your skills and when you are required to discuss the …

Practice Your Delivery – The Utilities Report Read More »

We are pleased to announce that you can now offer the full suite of Enhanced Management Reporting, Business Growth Advice and part-time FD services for your Sage clients as well as your Xero clients. The analysis and identification of ‘by exception’ opportunities to optimise overheads, improve margins and increase sales are also now available to …

Support for Sage 50 is now live Read More »

Even practices on the ‘Advisor Plan’ who are paying just £50 per month, can send all clients the incredibly valuable Business Overview Report for free. Is this a good idea? Could this be your Freemium Offering? The Business Overview Reports demonstrate to clients that you can offer much more… To see the report for yourself, …

Should you offer a Freemium Service? Read More »

The Evoke team have an exceptional skillsets honed throughout notable careers at large multinational corporations. Their part-time FDs allow smaller businesses to benefit from a top level FD as an affordable, practical and economical solution. To deliver exceptional financial guidance outstanding FD’s need timely financial information on which to base their decisions. In a large …

How VFD Pro helped Evoke and their clients deliver and receive more value Read More »

Evoke Management commissioned a series of bespoke workshops for their entire network of Part Time Financial Directors and Business Advisors to discover how VFD Pro could help them spend less time analysing and reporting to enable them to deliver greater value for current and future clients. The first VFD Pro / Evoke Workshop took place …

Introducing Evoke Management Read More »

Wednesday’s BBC headline: Coronavirus: A fifth of smaller UK firms ‘will run out of cash’, clients need help and you are almost certainly the only one they can turn to. Read the article here: https://www.bbc.co.uk/news/business-52114414. Time is of the essence, businesses will need detailed financial and cash flow planning, to apply for funding support to …

A fifth of smaller UK firms ‘will run out of cash’ Read More »

The current crisis means more than ever, businesses need sound financial planning and that includes a robust forecast that reflects the current reality: The impact of Furloughing staff, putting VAT payments on hold (temporarily), delaying payment of corporation tax, payment plans for rental income, grants, the list goes on. The challenge of modeling the impact …

VFD Pro 3 Way Forecast Model – Online Workshop Video Read More »

The CAMPARI model (Character, Ability, Margin, Purpose, Amount, Repayment, Insurance) is widely used as a health-check for businesses when approaching a bank for lending. Helpful structure if you are applying for loans / funding. You will need a ‘business plan’, this framework is used by many lenders.

Before discussing the VFD Pro reports, the financial models or the BI Dashboard with their clients, accountants who use Xero, frequently add their own business to VFD Pro. After all, the business they will know best is their own, and any data inaccuracies would immediately be highlighted. You would be amazed to discover how often …

Accountants also use VFD Pro to understand their own financial performance. Read More »

VFD Pro have now made it even easier for you to understand the opportunities and risks your clients are facing with their new executive summary added to the Performance Analysis. It’s simple layout makes it easier to exactly what needs to be focused on in order to improve business performance. CMO Daniel Plowright said: “whilst …

If you only read one thing… New Exec Summary Read More »

VFD Pro have launched their first 2 opportunity exception modules (Utilities & Telecoms) which will automatically analyse every single transaction within a business and highlight whether or not there is an opportunity to improve profit. “Our Opportunity Exception Analysis combines programmed A.I. with industry expertise to ensure our customers are alerted whenever an opportunity presents …

More analysis carried out for our accountant’s clients whilst they sleep Read More »

New playbook now available for VFD Pro Performance Analysis Report with accompanying Accountants ‘User Guide’.

When business owners receive an email from their accountant saying: ‘There are some very specific things you could do to improve your financial performance’, they pay attention… On Friday the 2nd August, Sean Farnell, a Partner at Burgis and Bullock Chartered Accountants arranged for a substantial number of clients to be added to the Virtual …

Burgis and Bullock – Breaking the Mould and Offering Their Clients Much More Read More »

VFD Pro is delighted to announce that Utilitrack, the UK’s best kept Utilities Secret have been approved and added to the VFD Vetted and Approved Supplier List. It is not an area we think about much, just another line on the overheads, but for some clients it is a significant expense. Have you ever paused …

An Easy Quick Win And A Great Partner: Helping Clients Save on Utility Costs Read More »

Increase prices and your profits will soar, but how do you avoid the risk of losing or upsetting clients? It’s relatively straight forward really, find out if clients are delighted with the service you provide and if they score you 5 out of 5 for ‘Value for Money’, put the price up. Just one of …

Is it time to increase your prices? Read More »