Why you need to upgrade to an integrated suite
In 2005, YouTube co-founder Steve Chen expressed his concerns towards the company’s longevity. Chen stated that “there wasn’t that many videos” that he actually wanted to watch. And given the shaky home videos that dominated the platforms infancy, his fear of the site becoming tedious was well warranted.
However, it didn’t take long for people to recognise the platforms potential and by 2016 there were over 65,000 videos being uploaded daily. This rise in uploads was met with a rise in quality and YouTube quickly became a platform that could draw you in with a short informative video. Only to spit you back out 40 minutes later after finishing a questionable sequence of content.
The change in YouTube matches the constantly evolving nature of society and solutions continue to be provided for problems that people don’t yet know they have. Whilst these solutions are readily available, it is down to the individual to welcome the technology and utilise them for their own benefit.
What was said of YouTube in 2005, did not apply 2 years later. Those who upload videos have evolved from YouTuber, to content creator, to influencer. This development is mirrored in the role of accountant’s, as they move away from mere compliance and more towards a complete advisor. The change in role presents a fantastic opportunity for those willing to meet the changing demands of the industry.
As the accountant’s role evolves, so too, do their requirements of software. A system that once provided all the functional needs can quickly become redundant. This has forced practices to combine individual solutions, which creates a messy infrastructure that impedes their overall efficiency.
If you care about maximising productivity then an integrated suite offers the best solution to accommodate the changing needs of accountants. The software market reflects the desire for increased efficiency as integration possesses the dominant market share. So why are more people choosing an integrated solution and why can’t you afford to miss out?
One supplier: Simplify the onboarding and troubleshooting process. Receive support from a designated team that has the answer to all your questions. There is no grey area between the relationships of combined solutions. With an integrated suite you can get problems resolved instantly.
Consistency of data: Remove the possibility of human error. In an integrated suite you input data once and it is synchronized across all the different areas of functionality. There is no need to piece together data from different sources. The comprehensive nature of integration gives employees access to better information, enabling them to make better decisions, faster.
Increased efficiency: There are several key tasks that are prevalent in day to day tasks: management, job fulfilment, expense requests and invoicing, to name just a few. In automating these tasks through a single solution, employees can focus on higher-value activities that benefit your business’ growth. The data is assembled easier and thus, more time is created.
Better communication: Effectively manage your practice by having all pending and completed tasks in one place. Easily change between modules to see what jobs need completing and whose work is getting on top of them and needs help. The comprehensive solutions also enable better communication with clients. Both parties can access the suite from any location, meaning data is viewed in real-time and advice can be more accurate.