Skip to content

Webinar

Business Advisory Tools: What’s trending in 2025 May 27, 2025

With an ever-expanding range of software and solutions available, selecting the right tools is essential for accountants looking to deliver impactful and engaging business advisory services. Understanding how these tools fit into the advisory process and their unique strengths can make all the difference. This session will explore some of the key solutions making waves in 2025 and provide valuable insights to help your firm choose the best fit for your needs.

Presented By: Mark Holton, Smithink

Key Takeaways:

Start with Strategy Before Software

Too many firms focus on tools before clearly defining their advisory services. Know what you’re offering, to whom, how you’ll deliver it, and how you’ll price it, then find the right software to support that model.

Avoid Advisory Software Becoming “Shelfware”

Purchasing software without a clear plan can lead to a wasted investment. Ensure a scalable, structured engagement and delivery model is in place before rolling out new tools.

Broad vs Best-of-Breed Software Solutions

Both approaches have merit. Broad-based solutions support consistency and integration, while single-purpose tools often offer more specialised functionality. The choice depends on your firm’s advisory model and resource capacity.

Roll Out Advisory Tools Incrementally

Avoid overwhelming the team. Introduce new tools gradually, applying them to a small client group first, and refine your process before implementing them more widely.

Client Engagement Comes First

You must be able to engage clients effectively and explain the value of advisory services in practical terms. Without client buy-in, even the best tools won’t get used.

Advisory Needs the Right Internal Structure

Identify service lines, delivery responsibilities, and pricing models. Appoint an internal champion to drive the initiative and create accountability.

Move from Piecemeal to Ongoing Services

Shift away from ad hoc advisory work towards a repeatable annuity model. Regular board-of-advice meetings and accountability check-ins can create long-term client value and recurring revenue.

Training and Specialisation are Non-Negotiable

Each advisory engagement is unique. Invest in ongoing training and ensure your team understands industry-specific needs and terminology.

Leverage Simple Wins to Build Momentum

Begin with services such as budgeting, cash flow management, accounts receivable, and tax planning. These offer tangible value and are easier for clients to understand and adopt.

Mark’s blueprint for launching business advisory services is designed specifically for accounting firms. Contact Mark to book a complimentary 45-minute, no-obligation online Business Advisory Readiness Assessment to find out where your firm is today and what you need to do to achieve business advisory success in the future.

SHARE THIS POST: