Did you know that to be considered an “expert” you need to have invested at least 10,000 hours into the subject?
Since specialized cash flow advisory services haven’t been popular for long enough to have someone with over 10,000 hours dedicated to it, technically speaking, no one is an expert! And psst, since you’ll ask, there are 8,064 hours in a year. So, you’d need to do nothing but cash flow forecasting/advising for every hour of the day for a year straight, and you still wouldn’t be an expert.
However, there is a little loophole that can enable your firm to be an “expert firm” in the subject matter. If you have 10,000 hours of accumulated experience in cash flow advisory split amongst your partners, you can absolutely be considered an expert advisory service.
But how can you become an expert more quickly?
It’s simple, by working with partners like Dryrun to build out your cash flow management solution for your business/firm, you can take advantage of software and technology to achieve your expert status that much more quickly.
Instead of spending countless hours crunching numbers and creating financial models that could potentially work for your clients, use a software like Dryrun. Dryrun can be used to create cash flow management solutions while providing flexible insights that would previously have taken many valuable hours to create. Now it’s as simple as a few connections to your accounting software and some mouse clicks.
Teach your clients how to improve their cash flow in ways that are specific to their business scenarios.
What works as a solution for one business is not applicable as a cookie-cutter approach. Thankfully, through the use of technology, your firm can handle more volume for cash flow advisory while providing more accurate results and adding value for your clients.
Become as close to an expert as possible by implementing Dryrun’s technology at your firm and onboarding your clients. The sooner you start taking advantage of available technologies, the sooner you can begin providing expert advice regarding cash flow management for your clients… you may even attract some new ones.
Monitor cash flows and share risk assessments virtually through the cloud. You can also model scenarios faster than ever before through our integrated solution.
By providing the value that comes from expert advice, your clients will quickly trust your solutions and continue to grow, which will help grow your business, as well.
For more information on how technology can help with your cash flow advisory services, or to request a demonstration, visit dryrun.com.
Thousands of financial professionals from over seventy countries are providing expert cash flow advice, thanks to Dryrun. Book a consultation today and our expert staff will walk you through every step.