Technology adoption and practice go hand in hand
Here are a selection of the key insights we found when we surveyed 146 Xero accounting and bookkeeping practices across Hong Kong to gauge their practice performance:
Leading practices grow their revenue more than twice as quickly compared to other firms.
Leading practices who have evolved to offering advisory services make almost 2.5 times more in advisory revenues.
Practices that make effective use of technology have lowered their costs by 269 hours per client per year.
Compelling data at your fingertips
Download our 2020 Accounting Industry Report to discover:
- service opportunities for practices in Hong Kong ranging from compliance to advisory
- applications used and being considered by pacesetting practices and different types of practices
- insights from business development and marketing into sources of customers and service propositions