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Accountants will now have greater visibility over their clients’ credit risk and their ability to pay following a new partnership between debtor management software fintech, FeeSynergy, and Equifa ....
1. Automate your repetitive process Automating your repetitive processes is one of the simplest ways you can free up your time to focus on what’s important. “The good news is that automations don’t need to be complex to be effective,” Stan Corner, CEO of ATOmate says. “Something as simple as setting up email rules can go a long way to improving your productivity.” If you are looking for more significant productivity gains, there are a raft of processes in your accounting practice that are perfect for automation. According to Stan, the key is to look for tasks that someone is completing more than once, that contain multiple steps and people, and that have potential for human error. “Processing recurring correspondence, annual client reports, and standard document processes are perfect examples of tasks taking up a lot of time your team could be directing to practice improvement and client management projects.” Check out ATOmate to automate and reduce your ATO ....