5 Things to Consider When Choosing a Practice Management Tool

What type of practice management tool are you currently using?

  • Is the way you communicate with your clients efficient?
  • Are you optimising your profitability per task, client and accountant?
  • Do your employees have access from anywhere at any time?
  • Is it tailor-made for accounting practices?
  • Does your practice management system support all of your needs?

If you answered “No” to one or more of these questions, it may be time to consider updating your practice management tool. A powerful practice management tool delivers a live, transparent, and connected view of what is important to you and your business.

Five things to consider when choosing your practice management tool:

1. Managing your work

Does your system offer employee tracking time for vacation, sick and comp time? With the right practice management tool, employee documenting can be done at a faster pace.

2. Communicating internally & with clients

Communicate more efficiently by sending emails or text messages directly to your clients from within your practice management solution.

3. Supporting your profitability

Cut down on time spent on traditional services like bookkeeping, accounting and tax preparation. Take on additional clients and projects, using the same number of staff.

4. Connecting in the cloud

Working in the cloud means no installations, no hardware, and no more worrying about updates—it’s all automatically done for you.

5. Merging all systems into one tailor-made system

By choosing a practice management tool that is made specifically for accountants. Investing in a tailor-made system means saving more time and money in the long run.

Keeping up with trends in technology can assist in propelling your accounting practice forward. Opportunities lie in embracing the transition to a new and improved practice management tool. It is time to put away the Excel sheets or old installed practice management systems and begin a faster work process that allows for anywhere, anytime work. Consider using a practice management tool that allows your practice to work more efficiently and cost-effectively, while also enhancing your profile and strengthening your existing client bond. Find out more about how you can boost your practice’s success with the power of a modern practice management tool by downloading our free guide.