# Going digital spurs rapid growth at Murrison&#038; Wilson Accountants
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2016-08-22
Category: TECHNOLOGY
Category URL: https://financedigest.com/category/technology
Meta Title: Murrison&amp;Wilson: 40% Client Growth with &#039;Digital-First&#039; Strategy
Meta Description: Get insights on how Murrison&amp; Wilson Accountants achieved a 40% client growth by going digital-first with the cloud, surpassing industry averages. Learn
URL: https://financedigest.com/going-digital-spurs-rapid-growth-at-murrison-wilson-accountantshtml

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Accountancy firm Murrison& Wilson is today announcing a 40 per cent growth of its client-base just three years on from implementing a ‘digital-first’ strategy.

When Simon Murrison and Bruce Wilson first set up their own accountancy firm with 100 initial clients they quickly realised servicing this many clients was a much larger task than first anticipated.

The partners decided the most efficient move was to go ‘digital-first’ by embracing the cloud. This would be their first step towards continued growth, with the firm’s client-base increasing by 40 per cent in three years, compared to the average accountancy firm [growth](http://economia.icaew.com/finance/september-2015/analysis-uks-small-accountancy-firms) of 15 per cent year on year.

Simon Murrison, Director at Murrison& Wilson Accountants, says, “We [set up the firm a little over three years ago and within the first week](https://www.financedigest.com/london-stocks-recover-set-for-weekly-drop-as-slowdown-inflation-fears-linger.html "London stocks recover; set for weekly drop as slowdown, inflation fears linger") we’d realised changes needed to be made. The early days were stressful and even after we’d streamlined certain elements of the business to free up our time; the sheer amount of physical paperwork was a huge burden on us.

“On a bad day we could spend the first hour just opening the post, while gaining client signatures on official documents relied on both the client’s availability and the postal service. Too many elements of the chain were out of our control, so we decided it was time to go paperless.

“We started using IRIS OpenSpace to share and approve documents [digitally ahead of our first tax](https://www.financedigest.com/self-employed-taxpayers-and-making-tax-digital.html "Self-employed taxpayers and Making Tax Digital") return season and quickly started reaping the rewards. Previously, [working remotely](https://www.financedigest.com/remote-and-hybrid-work-are-here-to-stay-as-cyberattacks-escalate.html "Remote and Hybrid Work are Here to Stay as Cyberattacks Escalate") wasn’t an option – we didn’t have a platform which allowed us to, and we couldn’t risk missing any sensitive documents sent to us by clients in the post. Now, we can work from any location with an internet connection as we [know all notifications will come to us via the online](https://www.financedigest.com/what-you-should-know-before-getting-a-loan-online.html "What You Should Know Before Getting a Loan Online") portal. We’re adding [value to existing clients while on the road heading to new business meetings; it’s the epitome of efficiency.”](https://www.financedigest.com/fintech-incubation-more-value-than-meets-the-eye.html "FINTECH INCUBATION: MORE VALUE THAN MEETS THE EYE")

Murrison& Wilson is not alone, as [nearly 3,000 UK accountancy](https://www.financedigest.com/building-and-construction-to-continue-accounting-for-nearly-half-of-tower-cranes-sales-globally-fmi.html "Building and Construction to Continue Accounting for Nearly Half of Tower Cranes Sales Globally: FMI") practices now use IRIS OpenSpace to collaborate with their clients online, with over 70,000 documents electronically approved in January 2016 alone.

Steve Cox, product director at IRIS Software, says, “It’s great to see an [accountancy firm reaping the rewards of going ‘digital-first’ and removing the burden of paper from both their and their client’s daily processes](https://www.financedigest.com/things-mortgage-lender-takes-into-account-when-processing-an-application.html "Things Mortgage Lender Takes Into Account When Processing an Application"). Clearly, there is an environmental benefit to such a move as well as the business efficiency gains.

“Our [research found 60 per cent of accountancy firms](https://www.financedigest.com/lyme-disease-treatment-market-forecast-to-2031-made-available-by-top-research-firm.html "Lyme Disease Treatment Market Forecast to 2031 Made Available by Top Research Firm") aren’t planning on going paperless by 2020. But with this example from Murrison& Wilson, and over one million documents having been shared on IRIS OpenSpace, this is a [sign accountants](https://www.financedigest.com/twitters-account-of-deal-shows-musk-signing-without-asking-for-more-info.html "Twitter’s account of deal shows Musk signing without asking for more info") and their clients are beginning to realise the increased productivity benefits of a digital-first approach.”


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