Member Since: 20th Apr 2017
29th Mar 2018
We have just released Digital AML checks through AccountancyManager. We also have a built-in AML risk assessment form for each of your clients.
The digital AML checks replace the need to request photo and address ID from your clients.
To save even more time, you can use the client onboarding feature which sends out proposals and letter of engagements as well which are ICAEW compliant.
Individual AML checks are charged at £3.75 or you can buy in bulk to reduce the cost £1.75 per check.
If you would like more information please get in touch.
James Byrne (CEO)
29th Mar 2018
19th Mar 2018
Although this post is now a little old (it still appears to be relevant and regularly searched for). I'd like to mention a new solution to the market, called AccountancyManager and recently voted #1 practice management software by accountants in the UK (award presented by AccountingWEB).
Having a GDPR compliant CRM system to store all of your client's data in one place is now essential (with GDPR coming 25th May 2018).
Recently integrated with Xero and working on Quickbooks and a Tax Filing software integration, AM aims to be the foundation product in any accountancy practice. Seamlessly integrating with other cloud-based products will ensure that you only ever need to update your client's details in one place.
In addition to this, AM also offers:
1. Automated workflow for you and your staff.
2. Onboarding with proposals and template Letters of Engagement which are ICAEW and ACCA compliant.
3. Automatic chasing of clients for records as well as automatic tax payment reminders, awaiting approval reminders, outstanding query reminders and much more.
4. Mass email and SMS sending facility with tracking (to replace software such as 'MailChimp').
AM has combined multiple features to reduce the number of software packages required. Our vision is that a practice should only need three software packages:
1. Practice Management/CRM (AM)
2. Data Entry (Xero/QB)
3. Accounts Production/Filing (Taxfiler)
If you want to ensure you have a secure cloud-based CRM and practice management solution which is 'ISAME cybersecurity essentials' certified and GDPR compliant then visit AccountancyManager.
James Byrne (CEO)
22nd Feb 2018
Anything that automates a tedious process, as you called it, has got to be worth it surely? You have to find the value in it yourself but if you waste an hour per client on admin when you could do something chargeable with that time...
Exactly this. The small cost involved for a solution like AM is tiny compared with the time saved.
Automatic proposals and LOEs, client details, record requesting, approvals, tax payment reminders, part-records received chasing and staff task lists - these are just some of the unnecessary administration chores that we've automated. The goal for any accountant is to maximise chargeable time during working hours.
22nd Feb 2018
Great to hear you're looking at AccountancyManager.
We provide a default LOE for free, but you can edit each section and customise as required. The sections in the LOE are matched to the services required by the client, so only the relevant sections are shown. The LOE is then e-signed by the client as part of the registration process.
If you have any further questions, please let me know.
21st Feb 2018
The document portal can easily be used for uploading documents and sharing them through the client portal.
With GDPR on the horizon, using a software which is compliant for sharing documents is now essential - AccountancyManager is currently undergoing a GDPR audit to ensure all processes are compliant.
As part of this audit we are also being provided with a set of terms for our users to provide to their clients who use the portal.
This ensures the whole process is compliant and allows you to use the e-signing facility which is court-admissable if required.
The on-boarding process is very slick, manages your prospects, allows you to create custom LoEs and auto-generates a proposal email.
The proposal email contains a link which enables your prospect to sign up to your services by signing your terms and letter of engagement.
If they want to, they can then go on and create a portal to complete additional registration information like the crucial UTR, NI number or Companies House Auth codes. Any information entered is imported into the Client File in AM saving you re-entering this data.
From the portal they can then share documents with you, update their details or e-sign documents as required.
AM now automatically reminds your clients by email when approval is outstanding for a particular task, so using the portal for e-signatures is a real benefit.
If you require further information, please get in touch, [email protected] or 01926 355366
20th Feb 2018
AccountancyManager manages all your deadlines automatically once you have completed the initial set up (with a little help from the Companies House integration).
You shouldn't need to monitor all your deadlines through 4 different software packages!
Not only that, but it automatically reminds your clients of deadlines, when to send their records, what records to send, when to pay their taxes and how much tax to pay (and much more).
If you are looking for a comprehensive software in which all new developments are driven by customer feedback, AccountancyManager is the solution.
19th Feb 2018
We assume you are referring to AccountancyManager - rather than Practice Manager :)
22nd Jan 2018
22nd Jan 2018
Although we are not mentioned in this article, AccountancyManager provides an automated on-boarding solution.
This includes generating email proposals based on the initial information gathered from the prospect and provides letters of engagement which can then be e-signed.
In addition, the client is provided with a portal which allows them to update their information at any time or can be used to share documents.
If you are looking to have your prospects / clients managed within a comprehensive CRM system with additional automation features such as automatic record requesting and tax payment reminders, then AccountancyManager would suit you.
Please get in touch directly if you would like more information.