Case Study: Buchman’s Firm achieves scalable advisory growth with Paro

Buchman’s Firm scales advisory services with Paro, boosting ACV 54%

Buchman's firm, a CPA firm, faced the significant industry challenge of transitioning its practice from compliance work to high-value advisory services. This shift proved difficult to scale, as some staff found the new responsibilities overwhelming and considered quitting, leaving the firm unable to meet the strategic financial guidance needs of its growth-stage clients. The firm sought a solution to overcome this constraint and successfully offer scalable advisory services.

The solution was implemented by Paro, which utilized its marketplace model of pre-vetted advisory experts and a purpose-built technology platform. Paro's approach provided instant access to professionals with proven advisory skills and used AI-powered tools for scoping, pricing, and project planning. As a result, Paro achieved a fundamental repositioning as a strategic advisory partner, evidenced by a 54% increase in annual contract value and massive growth in high-value service lines, including a 131% increase in CPA/Accounting Advisory and a 322% increase in FP&A services.