How can integrated professional services provide stronger business outcomes for your business? Why should you consider integrated legal, tax, accounting, and business advisory services, instead of relying upon the separate opinions and services of an accountant, business attorney, tax attorney, tax preparer, estate planning attorney, financial planner, and business consultant?
At the turn of the 19th century, a person wishing to prepare a fine dinner would have several stops to make. They would visit the butcher shop, the produce vendor, the baker, a dairy, and ultimately, "Ye Olde Spirit Shoppe" to procure a fine vintage.
You may be able to obtain several tips from each vendor regarding their respective portion of the meal. Still, none of them could tell you how to integrate your preparation, oven time, and seasoning to ensure that all portions of the meal were completed in the correct sequence and timing so that your four-course dinner came together to create the perfect feast.
Today, you can accomplish all of these steps through an individual online vendor (who delivers it to your doorstep) or in a single visit to a high-end store. The same is true in business.
Integrated professional services provide stronger business outcomes. Business today is incredibly complex, and important decisions must be made accurately within a relatively short timeframe. When you really think about it, every aspect of your business relies upon the other. Your production is based on the integration of just-in-time suppliers or outside vendors, the actions of your employees, and efficient and expert management, all coordinated by several information systems that assist with every step in the process. These data systems should simultaneously capture accounting details and provide accurate dashboard data in an integrated manner, allowing management to view the status of their respective objectives and responsibilities at a glance.
In addition, the corporate tax laws continue to evolve, and your management team must realign the business and operations to minimize your tax burden and increase profitability. This often requires the insight of several different professionals. Yet, it seems each will provide a different "answer" to the crucial business questions, challenges, and problems of this age, based on the limited perspective of their profession and training.
In reality, this is much like the inefficient and non-integrated journey to 10 different shoppes to organize the ingredients for your dinner party.
None of these individual professionals can offer a solution to today's complex challenges, questions, and issues. It is not unusual for your management team to be presented with four separate recommendations from four different professionals, none of whom can help with integrating the best elements of each recommendation, let alone actually implementing the solution.
This is why integrated professional services provide stronger business outcomes. The "right" answer is most often a blend of multiple professional disciplines. An integrated legal, tax, accounting, and business advisory professional service provider enables your company to bring its challenges, opportunities, and questions to the conference table and have access to a team of professionals who approach the issue from a broader perspective. Integrated services professionals can examine the challenge from every perspective and provide a more comprehensive, accurate, and implementable solution. Your executive team will also value the efficiency and economies of scale an integrated business services model offers.
You not only trust and respect the accurate business insights and counsel provided, but you also appreciate the ability to solve your most challenging business problems and get answers to complex challenges quickly, efficiently, and, more importantly, in a manner that can be acted upon and implemented. The right, best answer to today's business questions often requires a broader, integrated perspective.
