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Royalwise’s
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Q.U.E.S.T. Portal Opportunity Guide
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(QuickBooks User Education & Skills Training)
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Background & Context:
The Great Resignation is upon us, and as a result, the accounting industry is undergoing a significant transformation. As highly experienced bookkeepers & accountants continue to retire , a growing void is being created in their wake that’s currently being filled by individuals who lack experience, but are eager to learn & grow.
This shift, combined with the changing landscape brought about by COVID-19, has led to a scarcity of qualified financial professionals available to provide crucial advice and support to small businesses.
In the face of this challenge, your firm may be grappling with simultaneous turnover & growth, leaving you with limited time and resources to train new team members or contracted bookkeepers on the intricacies of QuickBooks and the evolving FinTech landscape.
And what about your clients? If your business owners are hands-on in their books, how do they know what to do ? 1-on-1 training is inefficient. Clients keep making the same mistakes …and you also answer the same questions across clients. And creating your own training material is time-consuming & requires frequent updating, so what do you do?
That’s where Royalwise’s proprietary Q.U.E.S.T. Portal comes in.
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More than 3,400 learners have successfully completed over 9,250 courses on the OWLS platform to date, resulting in a significant reduction in repetitive bookkeeping errors.
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What is the ‘OWLS’ platform?
The OWLS Platform by Royalwise is quickly establishing itself as a leading solution for QuickBooks education. Featuring a robust selection of on-demand video courses, live webinars, comprehensive books, and more, the OWLS platform provides access to the information learners need at any time, making learning convenient and flexible.
For businesses, this translates into less downtime and more productive learning as employees can train without stepping away from their workstations. This platform is designed to equip learners with the necessary expertise in QuickBooks Online, while also broadening their financial knowledge and business skills.
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Enhance Client Accounting Services & Empower Your Team with a Q.U.E.S.T. Portal.
Royalwise’s Q.U.E.S.T. Portal is your very own custom copy of the OWLS platform, tailored to meet the specific needs of your organization and available at wholesale pricing.
For businesses, this translates into less downtime and more productive learning as employees can train without stepping away from their workstations. This platform is designed to equip learners with the necessary expertise in QuickBooks Online, while also broadening their financial knowledge and business skills.
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The Q.U.E.S.T. Portal Advantage
If you’re running an accounting firm, you know better than anyone how time-consuming and costly it can be to train new staff. Maybe you’ve even felt the burn of spending all that time training someone, only to have them leave a few months later. It’s beyond frustrating, right?
That’s one of the great advantages of using the Q.U.E.S.T. Portal: it’s your secret weapon against the headaches of staff training and turnover. With our platform, you’re not just teaching new hires; you’re building a lasting knowledge base for your whole team.
Let’s take a look at some other perks that make the Q.U.E.S.T. Portal the go-to choice for your firm.
Attract New Clients With Enhanced Client Accounting Services (CAS): Build this training opportunity into your client billing for upscaled services that make you stand out from the crowd…and even create a new revenue stream.
Enhanced staff productivity: Well-trained employees are more productive, and our solution aims to boost their efficiency. By completing tasks in half the time and getting them right the first time, your staff can increase productivity and contribute to your bottom line. They’ll be able to tackle tasks more efficiently, allowing them to move on to the next job promptly.
Mitigating the impact of employee turnover: We understand the frustration of investing significant time and effort into training a new employee, only to have them leave before you can realize a return on your investment. Our solution helps reduce the pain associated with employee turnover.
Focus on revenue-generating activities: Your primary focus should be on bookkeeping and accounting services, not spending excessive time on repetitive training. Leave that to us so that you can direct your attention and efforts towards core business activities that generate revenue.
Scalability: Whether you need to train a small group of 5 or a large team of 500, our process remains consistent and adaptable to your needs.
Growth-oriented: With our solution, you only pay for active users, making it ideal for companies of all sizes. It enables you to scale your team without worrying about unnecessary costs.
Streamlined compliance for your staff: Ensure that your team meets their annual Continuing Professional Education (CPE) requirements by providing them with access to educational opportunities through our platform. It’s an easy way to keep your staff compliant and up-to-date.
Customizable content: Want your entire staff to be knowledgeable about specific information? Our platform allows you to create custom classes and add them to your Q.U.E.S.T. Portal. This feature empowers you to tailor the learning experience and ensure your staff receives the exact content you want them to know.
Your investment in a Q.U.E.S.T. training portal translates directly into enhanced staff performance and a more profitable business. By equipping your team with the knowledge and skills they need, you’re not only improving their confidence and competency but also driving your company towards greater success with increased efficiency and productivity.
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Questions & Answers
Q: What was the initial inspiration behind creating the Q.U.E.S.T. Portal?
A: The Q.U.E.S.T. Portal is designed to alleviate the specific challenges mid-sized firms face, such as scaling issues, staff turnover, and inconsistent training. With the Portal, you get a centralized training hub that saves time, cuts costs, and ensures uniform training across the board.
Q: Can firms expect any direct ROI by integrating the QUEST Portal into their training regimen?
A: Certainly! Investing in the QUEST Portal offers firms a direct return on investment in several key areas. Firstly, it enhances staff proficiency with QuickBooks Online, leading to more efficient and accurate bookkeeping, which in turn can improve financial management and reporting. This efficiency reduces the time spent on accounting tasks, allowing employees to focus on more strategic activities that contribute to the bottom line. Moreover, with the portal’s scalable training approach, firms save on the costs typically associated with onboarding new staff or upskilling existing employees. Lastly, the consistency in training quality mitigates the risk of errors and the costs associated with them, ensuring that the firm’s investment in the QUEST Portal translates into tangible financial benefits.
Q: Could you give an example of how the scalability of the QUEST Portal supports growing accounting firms?
A: The QUEST Portal’s scalability is a significant asset for growing accounting firms. As a firm expands, so do its training needs, and the QUEST Portal is designed to accommodate that growth seamlessly. Firms can start with just a handful of users and then scale up as needed, without any interruption or degradation in service. This flexibility ensures that all team members, regardless of the firm’s size, have access to consistent and comprehensive training materials. As new staff join, they can be quickly brought up to speed, ensuring that the firm’s service quality remains high and that all employees are equipped with the knowledge they need to succeed. The pricing structure adjusts accordingly, making it a cost-effective solution for firms at every stage of their growth.
Q: What makes the QUEST Portal stand out from other QuickBooks training options on the market?
A: The QUEST Portal distinguishes itself from other training options through its tailor-made approach to QuickBooks education. Unlike one-size-fits-all solutions, it provides a customized copy of the OWLS (Online Wisdom Learning System) platform, allowing accounting firms to adapt the learning environment to their specific needs. This personalization extends to branding, course selection, and learning paths, ensuring that each firm can offer a unique, relevant, and engaging training experience to their staff.
Furthermore, the QUEST Portal leverages the unique insight of Alicia Katz Pollock, recognized as one of America’s Top 50 Women in Accounting, embedding her deep understanding of the evolving challenges and transformations within the accounting landscape into the core of the OWLS platform. This expertise ensures that the content is not only of high quality but also steeped in practicality and applicability, giving firms leveraging the QUEST Portal a distinct advantage in their training initiatives.
Q: In one line, why should I invest in a Q.U.E.S.T. Portal?
A: Investing in a Q.U.E.S.T. Portal can streamline your accounting firm’s processes, ensuring consistent quality & efficiency as you grow
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Have more questions? Let’s set up a Demo.
Interested but have questions? Schedule a demo with us! In this session, we’ll answer your questions, show you how our product works, and help you see how it fits your needs.
Let’s explore the possibilities together – book your demo now!
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