As a practicing accountant, joining a network can have many benefits to you and your business. Of course the main aim is to improve your skills and knowledge and in turn help grow your firm. But there’s more to an accounting network than you might have first thought. Here are six benefits to consider…
1. Networking
One of the main advantages to joining an accounting network is the fact that it allows you to connect with other professionals in the field. These contacts could support you with many different problems, as well as help you to grow your client base. The ability to exchange skills with other professionals is invaluable and a great benefit to joining an accounting network.
2. Discounts
When you join an accounting network you can expect to receive excellent discounts on accounting software. The IPCA offer discounts on Coconut, Clearbooks, QTac Payroll, debt collection software from L&Z, money laundering compliance software and more. You may even get access to some systems for free as part of your membership.
“Our sole focus is to provide our members with all the support and tools needed to make their practice as successful as possible. We are able to do because we totally understand what it means to in Practice in the UK and we have set about providing an array of members benefits for free or heavily discounted.”
3. Free helplines
Memberships will often give you access to free helplines, apps, forums or live chats. These can be used whenever you have a question relating to taxes, HR, health and safety matters, law, payroll and more. Having access to such resources could help you to solve your problem in a matter of minutes, allowing you to focus on other matters.
4. Free insurance cover
Some networks can offer you benefits such as free indemnity insurance up to a certain value. You may also get discounts on office insurance, tax investigation insurance and more. This is a fantastic perk to take advantage of and could save your firm hundreds, if not thousands of pounds.
5. Training
Being a member of an accounting network will give you access to free training that will help you to develop your professional skills and knowledge. You and your colleagues will be able to attend online lectures and workshops at your own convenience. You could also be invited to attend conferences and other professional events for free. Speakers at such events will be experts in the accounting field, who are ready to share their knowledge with you. You will learn how to use PayStub systems, and how it can help to ease your work. Benefits like this will be given to you when you join an accounting network.
6. Credibility
After joining a network of accountants you will be able to use their name in your branding. This will improve your firm’s reputation and give you an edge over your competitors.
I hope that this post has helped highlight the benefits of joining an accounting network, as you can see there are many pros that you may not have previously considered. If you are thinking about joining, hopefully this will have helped you to make your decision.
Please leave any questions you might have in the comments below.
Thank you for reading.
