Solutions
BankLink helps practices achieve 34 percent higher Net Profit per equity partner
03 January 2011Every year Business Fitness produce a report called 'The Good, The Bad & The Ugly of the accounting profession.' This 2009 report is based on results generated in the Australian market, but is equally relevant to New Zealand.
The results of the 2009 report (n: 258 Australian practices) will be of particular interest to those Partners, Practice Managers or other staff charged with reducing costs and increasing profitability.
The report shows that over 68 percent of those who responded use BankLink to gather electronic copies of bank statements (with other suppliers making up only around two percent).
What's more, those practices who use The BankLink Service achieved 34 percent more Net Profit per equity Partner than those who did not!
We also see from 2008 results that practices using The BankLink Service continue to increase the margin between their year on year performance than those who are yet to discover the benefits of The BankLink Service.
This independent report highlights the potential growth that can be achieved through maximising the use of The BankLink Service.
The opportunity to increase Net Profit by over a third represents a compelling reason to ensure that your practice is collecting as many of your clients' transactional data as possible via BankLink.
Acclipse and BankLink announce launch of iBizz
We are excited to announce a new business alliance with Acclipse and their new solution, iBizz. read more >
BankLink Practice Review
As part of your monthly practice subscription you are entitled to a consultation with your Regional Manager to assess your current use of The BankLink Service. read more >
BankLink Notes Online - available now!
This new client tool takes our popular desktop solution, BankLink Notes, and provides it in an online environment. It offers you even more choice in deciding the best method for communicating with your clients. read more >
