For any business that has been using accountancy services to maintain the quality of their books, it is unsurprising that, when it comes to cooking those books in any form, there are a lot of critical tasks that are essential for the maintenance of the overall quality of the work. Accountancy firms that are starting out can benefit from a number of different items of tech that can make a massive difference. Let’s show you some of these to streamline your workflows and increase your productivity.
Cloud Technology
For any accountancy firm, cloud technology is, undoubtedly, one of the most important, as it provides secure and consistent access to all the firm’s data and applications, which is pivotal in the current hybrid and remote working environment. The great thing about the cloud is that if you are looking for any form of IT support for accounting firms, the vast majority of providers offer cloud technology services.
E-Signature Tools
Ensuring the client provides signatures for numerous authorisations is critical, and with a variety of electronic signature tools available, this can centralise the process, ensuring efficiency and minimising errors.
Tax Software
Of course, what use is an accounting firm without tax software? There are a huge variety of software packages out there, and when choosing the right ones for your needs, you should up to ones with built-in integrations that can align seamlessly with your practice management applications. The goal is about streamlining work and making things simpler, which is why, similar to plugins, the right tax software that integrates seamlessly with your main platforms will boost efficiency and productivity.
HR and Payroll Packages
For any accounting firm, the right HR and payroll packages need to be accessible, intuitive and easy to use. As with many HR and payroll packages these days, they integrate with the best accountancy packages, which will result in a far more effective and time-efficient service.
Digital Workflow Tools
Dedicated workflow tools, either in the cloud or on the system network, provide a comprehensive dashboard for your personnel to use. Workflow tools come thick and fast in modern industries, and they are vital to ensure that every member of the organisation is in the know, regardless of their department or location. Workflow tools should allow your employees to respond to client requests, schedule future work, or evaluate the capacity of the workload.
Secure Document Exchanges
With sensitive information, such as business accounting documents, it is essential to ensure that clients can send this information securely. Secure document exchange programs should make it easier for the sender to transfer information, for example, by being able to take pictures on their mobile and send the information in PDF form. It is critical to ensure that every tool has end-to-end encryption because of the sensitive nature of the information; however, most tools take it as given that you are looking to secure the information you send.
When it comes to your accountancy firm, having the right tools that streamline and make your processes more efficient for the sake of your workers is critical. There’s a lot more out there, but these are some of the most important.
