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How accountants can help their clients choose the right tech

7th Sep 2022
Brought to you by
AccountsIQ logo

Award-winning cloud accounting software for multi-company businesses.

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Many of your SME clients might find it hard to choose from all the finance tech and software available. But, at some point, growing clients will need to review their finance processes and systems. Having the right tools will no longer be a nice-to-have, but an essential.

Currently, they might be getting by with the limited functionality of their legacy systems, or entry-level Cloud software. But they’ll find they just can’t scale with those systems.  

Every client will have their individual requirements. But it’s likely that the following five items will be on their wish list when it comes to choosing the right finance tech.

1. Remote access

The workplace has transformed in the last two years. Every finance team now needs the ability to easily access all their data from anywhere, via internet and mobile apps.

2. Automation

Finance automation can reduce many manual processes and data capture, from bank connections and invoice and expense recording to data entry and number crunching. It makes it quick and easy for your clients to create reports and provide insights and impactful analytics in just a few clicks.

3. Integration

A finance system with an open API enables your clients to connect data across their business systems. That means they can automatically populate their finance system and integrate with their financial reporting. It also helps them to scale their business as they can add on applications when they need additional functionality and still ensure they can transfer data between systems.

4. Document management

The ability to store files and documents online will give your clients easy access to the information they need, from anywhere. They’ll also be looking for a finance system that gives them an audit trail of their accounting records assigned to individual transactions.

5. Business insights

Your clients will need strong visibility across all their KPIs to drive fast, sustainable growth. Their finance system will need to provide up-to-date financial information with drill down to underlying transactions along with dashboards and comprehensive management reporting for additional insights.

 

In summary, accountants tend to choose AccountsIQ for growing clients who need a lean, efficient finance function. Clients who are looking to automate as many day-to-day finance tasks as possible to save time and money. Our software is suitable for most sectors; we support companies across renewable energy, financial and professional services, tech, franchises, and recruitment and property consultants.

We’re also the finance system of choice for more than 100 charity and not-for-profit organisations. That’s why we’re running a webinar to highlight how we can help accountants support their growing charity clients.

Join our webinar: How Can Practices Support Growing Charity Clients?

22nd September, 11am 

Find out how you can build new revenue streams from advisory services and support growing charity clients with common pain points, such as SORP reporting, consolidation reporting and custom integrations with 3rd party systems.

Reserve your place