Apr 21

Written by: SuperUser Account
4/21/2009 8:32 AM

According to All Business , accounting and tax services firms have had a good year. the following trends have emerged between small businesses and their accountants

• Nearly 80% of small business owners now say they feel more comfortable having an accountant as a trusted business advisor during this rough economic time
• 73% of accountants are proactively advising their clients on how to conduct business during the economic downturn
• In order to help small business owners weather the economic storm, 66% of accountants have increased services they offer with the biggest demand being business consulting
• More than 90% of accountants and small business owners are taking nearly identical steps to succeed and grow their firms including: increased networking, adding new services or products, and providing training and education to clients.

One new opportunity for accounting and tax service firms to help small businesses survive and thrive is to guide them to make smarter inventory decisions. Poor inventory management and inexperience are among the top reasons for small business failure; however, tools are now available that make inventory management both easy and rewarding

• Easy: Small businesses have not had the tools to make smart inventory management decisions. For example, there are plenty of QuickBooks add-ons that help your clients manage determine how much inventory they have on hand, but wouldn’t it be nice if they could optimize it at their point of peak financial performance while meeting customer service objectives? That is where Phitch comes in to guide small businesses optimize their inventory levels at their maximum economic profit. The Progressive Accountant recently covered Phitch OC 9.0 and wrote that "Setup and integration are easy, as is regular use; color-coded flags indicate when inventory needs attention.
• Rewarding: In an era when only 37% of consumers are consider  software company claims to be very or even somewhat believable (Rosen, E. 2000. The Anatomy of Buzz. DoubleDay), ePhiphony Incorporated's mantra to "reveal hidden wealth that is needlessly tied up inventory" is proven with a report that shows the economic profit gain by implementing Phitch. PCMag recently covered Phitch and wrote that "provides management with a beneficial way of increasing return and freeing needed capital for expansion and other strategic investments

ePhiphony Incorporated, certified by Intuit, has created the ultimate inventory optimization platform. Small businesses can optimize inventory with a affordable tool that is easy and rewarding. Phitch (featured on the Small Business Development Center's National Information Clearhouse small business technology Marketplace or SBDCNet) ranges in price from free to $147 per month.

Copyright ©2009 ePhiphony Incorporated

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