Data analytics for accounting solutions

Harnessing the value of data analytics for the accounting and finance industry is a game changer, particularly when your staff can access real-time insights via an intuitive and easy to use platform

Data in the accounting industry is collected at every touchpoint, from back office through to the boardroom, by a variety of data-generating devices and systems.

As you’d expect, that means that there’s a whole lot of data being collected: years and years of data, from thousands of clients, employees, and partners, across different locations and at every time of the day.

The existence of big data in the industry is not unknown; the value, however, is often overlooked. While so much data is created and stored, only a very small portion of it is analysed.

Consider each stage of the typical monthly reporting for a client and gain an instant glimpse into the vast amount of data that likely already exists, accumulated over years.

Now it’s time to uncover how it can be assessed and interpreted to deliver real value and insight for your accounting business.

Industries like finance or retail have been now unpacking the value of big data analytics for many years. They have benefited from leveraging real-time analysis, cloud-powered solutions, and data sets that deliver true insight and actionable outcomes.

Benefits of accounting and data science

Harnessing the value in the data for just a single client throughout their lifecycle would produce some significant and hugely valuable outcomes.

Now, imagine what would be possible with the data inherent in your complete client list, going back to the beginning of time.

Working with Syntagium, accountants of any size can develop their own specialised tools, systems, and processes to help them make sense of data gathered daily over many years.

Uncover insights and develop systems based on your very own data from the past, to improve your future.

Do more with what you already have. Here are just some of the benefits you can uncover when you unleash the power of big data:

  • Streamline delivery processes
  • Identify cost savings for clients
  • Early identification of issues or sub-optimal outcomes
  • Identify, manage, and mitigate risk
  • Manage resources and staff in real time
  • Improve client reporting

Why choose Syntagium’s analytics and big data for accountants?

It’s time for your accounting company to embrace the digital age and explore the power of data analytics

A key barrier that many accounting companies face is data compatibility and, of course, data integrity. An added problem is that data analytics is not the core function of most organisations.

We help break down the barrier between data you’ve collected and the insights it can reveal: our world-class data specialists have worked with many organisations to deliver real outcomes, including:

  • Improved efficiency
  • Reduced the time prepare client deliverables
  • Consistent and dynamic reporting

Digitised workplace management can also reduce costs, optimise scheduling, and improve ROIs, budgeting, and risk management.

Industry success stories

Altus Group

Altus Group Data Warehousing Increases Productivity

A cloud-based project library with a custom-built user interface achieves time savings and productivity gains for Altus Group, a global commercial real estate software company headquartered in Toronto, Canada.

Syntagium created a cloud-based library containing critical information that reduced the time required to prepare proposals by 20%.

Advisian

How automated monthly reporting lets Advisian achieve deeper insights with massive time saving

Advisian is a global advisory firm that provides a broad range of services across many industries and has staff in every major city around the world.

Cloud-hosted dashboards allow users greater visibility of KPIs and streamlined end-of-month reporting.