It is 2020, and the world is all about using technology to make life easier. For accounting firms, this means making everything easy and intuitive for your clients. In today’s climate, clients will gladly move on to the next CPA if your services are too complicated.
So, how can you modernize your accounting services to make them simple and straightforward? Here are three tips to get you started:
Get a Practice Management Solution Software
Investing in practice management solution software will help you identify the various facets of your CPA practice that need upgrading. These programs are designed to evaluate your accounting practices, identify inefficiencies, and provide better and more modern alternatives.
Practice management solution software will evaluate the following facets of your account services:
- Client Relationship Management
- Task Management
- Accounts Receivable
- Expense Tracking
- Timesheets
These software programs also feature other tools and resources designed to make accounting generally easier. They are also necessary for making your services compatible with other digital accounting solutions.
Set Up an Online Payments Platform
One of your clients’ greatest expectations is that your accounting services will support convenient payment options, such as online payments. This is highlighted in a recent Survey of Consumer Payment Choice, which found that 60% of bills (and climbing) are paid using online money transfer options. As such, consider adding online payment options, such as credit/debit cards and eChecks, to your list of accepted payment options.
Optimize On-Boarding
The main goal of modernizing your accounting services is to improve users’ experience. Optimizing your on-boarding process will go a long way towards this goal. There is no standard approach to this; however, your baseline goal should be to make it easier for clients to solicit your services and to take on most of the burden of accounting.
FileJet is on a mission to make accounting as simple and intuitive as possible, using an arsenal of incredible accounting tech solutions. Get in touch today and let us discuss the future of your accounting services.