Smart technology has transformed the world of accounting; giving you more time (and money) to spend on retaining clients. But what if there was a way for you to generate more revenue without taking on more client work?
Well, with truly cloud-based business software, there is!
The right smart platform can easily manage all of your client accounts, from prospect to payment, and everything in between - so that you can focus on the more important things (like growing scale) and doing the work you love. Here’s how:
Cloud-based accounting is more cost-effective compared to traditional methods. How? Because the software is inexpensive to run. For example, it could save you costs on hiring admins since smart technology can automate those jobs for you and increase productivity by 30%.
The right smart platform will also monitor your firm's budgets, profitability, and streamline your billing process - so that you can focus on growing your firm and delighting your existing clients.
Did you know that moving from weekly (or worse) timesheet updates to daily (or better) would recover $52,000 per professional each year? Or that untracked meetings and calls cost the average small business around $30,000 in annual billable revenue? In fact, the average employee spends about 15 hours (or 40%) of their working week in meetings with clients or colleagues. So - if you’re not tracking the time spent there, that’s significant billable revenue you’ve got falling through the cracks.
Smart automation technology can dramatically decrease the amount of time being spent on busy work like manual data entry, invoicing, and billing by seamlessly syncing client information and invoices, from the likes of Xero or QuickBooks, into one shared portal.
Operating out of a central hub allows you to monitor client issues with support tickets, and instantly approve invoices for a faster billing process. You can even create recurring invoices from scratch (or from an existing contract or retainer) and send them automatically to your clients; freeing up the time you would have had to spend sending that same invoice each month.
To start driving revenue with little effort, click here to sign up for a free trial of smart automation technology today.
