Technology and services: The right mix to attract bookkeeping clients, with Omar Visram
- S1E6
- 30:15
- September 17th 2024
“As we automate: the cost of delivering our service decreases, and that’s passed on to the [end] client.’”
In this episode of Greater than the Sum, Omar Visram, co-founder of bookkeeping firm Enkel, and Mark explore the unique challenges facing Enkel’s SMB and NPO clients. With the longstanding approvals and manual check-signing protocols that some still use, there’s an opportunity to inject efficiency into this payment process.
Omar talks us through some common mistakes NPOs are making and how new technologies are helping to drive efficiency, better cash control, and growth. Omar also discusses some of the success stories he has seen from businesses implementing new technologies and provides advice for those looking to take the first steps.
This episode focuses on:
- The challenges facing the financial health of SMBs and NPOs
- How new technologies are improving efficiencies for NPOs and SMBs
- How Omar is continuing to drive the evolution of NPO processes
- The benefits of consolidating your tech stack
Greater than the Sum helps small businesses – and the accountants and bookkeepers who serve them – remove the guesswork from their business finances and gain back the time to focus on what really matters.
Check out Plooto.com for resources, tips, and advice on how to support your clients in getting better control over their cash flow.
Links from the episode
The successful bookkeeper podcast
Chapter Markers
[1:05] Introduction: Getting to know Omar and Enkel
[2:17] Advice for my past self: Remember to enjoy life
[4:14] Unique challenges for SMBs and NPOs: Overhauling the process
[8:12] Identifying new technologies: Using automation for greater efficiency
[12:08] Knowing the numbers: The common mistakes NPOs make
[14:30] New technologies + experienced professionals = Efficiency, cash control and growth
[16:53] Modern bookkeeping for SMBs: Better outcomes for the end-client
[19:55] Consolidate your tool stack: Don’t waste time on multiple solutions
[24:20] Quickfire advice: Start small to grow smart
[25:28] When clients are slow to respond: Backlog zero
Greater than the Sum
Are you missing the peace of mind from knowing your small business finances are being managed smartly?
Do you want to spend less time in the accounting weeds and more time concentrating on growth?
Are you an SMB owner or accountant wanting a better handle on financial operations?
Then Greater than the Sum is the show for you.
Each week, we sit down with a guest who has worked through some of the big challenges of managing small business finances. We ask them to demystify how they took command of their cash flow, giving them the time and space to focus on the bigger business picture.
Together with host and small business tech expert Mark Assini, they break down the practical next steps; from wins you should replicate to pitfalls to avoid.
Small business owners, operators, accountants: join us every two weeks to remove the guesswork from your business finances and gain back the time you need to focus on what really matters.