We live in a fast-paced, tech-driven world where clients’ expectations of their bookkeepers and CPAs have never been higher. There are also more technological solutions aimed at helping CPAs and bookkeepers better serve their customers than ever before.
By fully embracing the benefits technology can bring to your practice, you can streamline your process while enhancing the client experience.
Using the right tech tools is a surefire way to make your accounting practice leaner, meaner, and greener (no, we’re not talking about the environment here).
Here’s a look at the top three types of tools your practice needs in 2019 and beyond.
#1 Tracking
As an accountant, you’re likely familiar with the phrase, “what gets measured, gets managed.” That’s one of the reasons your clients need you: to help track the in-and-outs of their business so they can make more informed decisions.
But what about in your own practice? Are you still doing it the old-fashioned way, sans technology? Or perhaps you’ve progressed to using Microsoft Excel. While it’s on the right track, this method is still outdated. And if you’re not using specialized accounting software like QuickBooks or AccountingSuite, you’re missing out—period.
While you’re skilled enough to balance the books manually, is it worth the amount of time you’re losing? Free up some of that time to grow your practice, while familiarizing yourself with the software many of your clients are already using. The more familiar you are with them, the better you’ll be able to service your clients.
When you embrace tracking tools like AccountingSuiteTM, you’ll save time while delivering top-notch service to your clients. And that’s what we like to call a no-brainer.
#2 Project Management
Over 57 million workers participate in the gig economy in the US alone, and that number is only expected to increase. Within the next few years, as many as 50% of the US workforce are predicted to become freelancers and contractors.
As you consider adding freelancers and contractors to your practice, project management tools are essential. This is especially true if your team is disbursed, or if any of your freelancers are remote workers.
Slack, Basecamp, Monday.com, and Trello are all invaluable tools to help keep your team on-task. These convenient, cloud-based platforms give you a place to manage and track tasks while communicating with your team—wherever they may be.
Whether your team is entirely in-house or partially disbursed, these tools offer plenty of benefits to help boost office productivity.
#3 Automation
If you’re using Microsoft Excel, you’re technically already using an automation tool. But what we’re talking about is something more modern—the automation of tasks that until recently, was stuck in the dark ages.
Consider the act of sending invoices and collecting payments. It seems simple, but have you added up the time you spend doing such menial (but necessary) tasks? Don’t forget to include the time you spend chasing payments and sending follow-up reminders.
Biller Genie was created to fill this need—a need that most business owners didn’t even realize they have. For instance, the Automated Invoice Messenger and Late Fee Manager lets you send branded invoices, payment reminders, and even thank-you notes on a precise schedule. You can save yourself time, energy, and boost your professional image at the same time.
The convenience doesn’t just extend to you, but to your customers. Biller Genie’s Branded Customer Portal lets your customers settle invoices from any connected device with just a few clicks. When you save time sending and they save time paying—everybody wins.
Don’t fear automation. Embrace it and make it work to your advantage.
Make Your Life Easier with Our Award-Winning Automation Tool.
CPAs and bookkeepers are transitioning from ‘only’ bookkeeping to providing high-value advisory services to their clients. With this move toward more value-added skills, why make your life more difficult than it has to be? Say goodbye to pesky manual tasks and hello to automation.
Your peers and competitors in the CPA and bookkeeping community have already recognized this, which is why Biller Genie was a recent recipient of the CPA Practice Advisor Technology Innovation Award, the Electronic Payment Association’s NexTen Award, and has been accepted into the Money20/20 Startup Academy.
See for yourself why accountants are raving about us: sign up for your free account today.
