The accountancy market is constantly changing; tightness in the labor market continues and at the same time the demand for consulting work is increasing. How can accountants capitalize on these growth opportunities without increasing the workload? Ruud van der Kruk, co-founder and CEO of Blinqx, and Gerard Loode, co-founder and CFO of Simplicate, argue that technological developments contribute to the solution. Recently, Simplicate joined Blinqx.
Ruud sees that accountants are increasingly in need of industry specialist partners who can respond quickly to technological developments. “Accountants want to work more efficiently and effectively. By working together, we can offer a full-fledged total solution for smaller and start-up firms as well as established top 100 firms.”
“82% of offices are working on automation”
Gerard nods in agreement, “We do a lot of research in the accounting market. Our Industry Report shows that 82% of firms are now automating processes. They want to work more efficiently, enabling them to help more clients and thus cash in on their growth opportunities. In doing so, three-quarters of offices are looking at innovative tools such as artificial intelligence (AI). The market values software partners who are specialists in accountancy. That’s why our teams consist of people who really understand the content, and often come from the field themselves. This way we don’t only bring innovation, but we spar together at every level.”
The customer must be at the center of the solution
Ruud continues: “Together we can continue to guarantee development on innovation and quality. Blinqx operates from a platform philosophy where all (industry-specific) functionalities are available within one central environment. This puts the customer at the heart of our solution. In addition to Simplicate, we already had Hyarchis ‘ Document Management and Compliance Management solutions in our portfolio; this offers very nice combinations for the accountancy market.”
In addition, Ruud sees that this increase in scale leads to accelerated adoption of the latest technologies in all products. And that offers many advantages for financial services companies. “Over five years ago Hyarchis already launched its AI-powered solution for KYC Lifecycle Management – this helps accountants and financial institutions comply with regulations in an automated way. And because Blinqx combines adjacent sectors, such as mortgage and insurance advisors, banks & financial services companies and accountancy, we have a lot of customer data that we can turn into relevant AI developments for all sectors simultaneously. With our ambition, deep market knowledge, and entrepreneurial spirit, we not only keep up with the latest technologies but also have the drive and capability to develop them.
Combined solutions for modern accounting firm
Gerard notices that joining forces is beneficial for accountants. “That entrepreneurial mindset was also a decisive reason for Simplicate to enter into the partnership with Blinqx. We both strive for synergies between the various software solutions in the market, according to the latest technology and with a strong focus on maintaining our entrepreneurship. This gives the accounting market a total solution that is truly tailored to its needs. We are already seeing a lot of traction in the industry; many firms that have recently made the switch to Simplicate are immediately experiencing a positive effect from our combined solution with Blinqx and Hyarchis.”
Ruud confirms: “We see many new customers who have a demand for clear and user-friendly CRM software like Simplicate. By combining this with our Document Manager and Compliance Manager solutions, we are taking immediate steps that underline our vision of one complete platform. And to this we are constantly adding new AI-driven solutions such as Blurrify and Search-it. Together, we offer a total solution that facilitates compliance with laws and regulations, saves time and improves the quality of consultancy work. That’s what really helps an accountant.”
Continue to celebrate successes
For Ruud, it’s clear that they continuously strive to improve support for accountants: “As far as we’re concerned, change is the only constant, and by responding to it effectively, we aim to celebrate many successes with our clients in the future. The strength of our combined solution is already evident, and we are confident that it will only continue to grow.”
