Cloud Accounting Sage

Technology for Accountants: What Do You Need to Succeed Today?

Written by Liz Herbig

The technology necessary to succeed is always changing. Far beyond crunching numbers, today’s best tools for accountants provide more support than ever before. Tools capable of boosting productivity by tools for accountantsautomating time-consuming processes, cultivating client relationships, and providing support for new services. With that in mind, all of the following software solutions have something unique to offer.

AccuPOS

AccuPOS is an expansive collection of point of sale software, largely oriented around time-saving features. In addition to mobile card processing, it provides customer relation management, inventory management, and employee time modules. It can also serve as an excellent source of analysis thanks to highly customizable data-driven reports.

Apart from saving time, AccuPOS allows you to develop loyalty programs, can be accessed from anywhere there’s an Internet connection, and is compatible with all common systems, like Sage and QuickBooks.

eBility

eBility reduces guesswork and allows you to get paid for your work. That’s true both literally and figuratively, with additional support for invoicing options through the eBility payment portal, further integrated with Stripe.

More to the point, eBility creates actionable tracking data from employee and client input. It provides a means of monitoring efficiency, helping you see what’s working for which client, and which services are generating the highest growth. Having these features tied together allows more accurate, faster, and simpler timesheet approvals.

True Commerce

Communication and collaboration and, both within your practice and with respect to helping clients, is at the heart of any successful business partnership. True Commerce is specialized in providing electronic data interchange (EDI) designed to help streamline document exchange. This can provide a more accurate and less time intensive alternative to manual data entry.

True Commerce can also provide order management, inventory management, and several other useful tools for suppliers. And the True Commerce EDI can be integrated with Intuit QuickBooks, Microsoft Dynamics, Sage, Oracle, and nearly all other major systems.

PayPal

Although PayPal was originally built for individuals, it’s since grown to offer a number business-oriented features. It allows businesses to accept payments from clients without a PayPal account, enables you to implement recurring subscription service payments, and lets employees have limited access to the account with multiple logins. PayPal also allows you to download transaction data, which can be simple to then implement within your accounting system.

tools for accountants

Stripe

Another option for invoicing clients, Stripe is differentiated from services like PayPal through its business-facing flexibility. It allows for deep customization of your client interaction, from how they see the Stripe dashboard to the invoicing UI used for billing.

Firms considering making the switch from hourly billing to value-oriented pricing will value how Stripe’s customization options give you the opportunity to meticulously detail client communication about the value of your services. Additionally, Stripe provides smooth integration with most popular ecommerce platforms, and can process payments within two business days.

Paya

Similar to Stripe and PayPal, Paya can help accountants succeed with respect to invoicing. More than that, it provides a granular degree of hands-on control over ecommerce and point of sale. Where Stripe and PayPal allow you to view transaction data, Paya goes a step further to help you identify trends among sales performance, account balances, and transaction details.

Paya provides support for recurring payments, loyalty programs, and a number of similar tools useful for accountants looking to add new services. Further, it’s designed to integrate with many leading ecommerce shopping cart providers, including Shopify, WooCommerce, and Magneto.

Microsoft Office 365

Accountants already using Microsoft’s programs, may easily find value in Microsoft Office 365. Providing 1TB of cloud storage, this service allows you to create, edit, and share content for MS Office in real-time. And Office 365 includes a variety of potentially invaluable tools for managing and developing client relationships, like video conferencing and instant messaging.

Sage 50cloud with Microsoft Office 365gives you the power of a desktop accounting solution and powerful cloud performance. Manage your finances securely via multiple devices, build reports using intuitive tools and enjoy doing business your way.

Combined with a variety of security features, from data loss prevention to encrypted communication, Office 365 can offer several clear benefits for CPAs inside a Microsoft-dependent ecosystem.

Sage Intelligence

In one form or another, many of the aforementioned types of technology allow accountants to glean insight from data and analysis. Sage Intelligence provides that insight on the macro level by allowing for the development of customizable business reporting solutions, making the regular evaluation of business processes more accessible and less time-intensive.

Whether evaluating the growing sectors of your firm, or investigating ways to provide value to clients, Sage Intelligence helps facilitate a search through data for actionable insight. Once in place, these reports can be fully automated, automatically updated from your data, and easily exported to PDF or Excel.

About the author

Liz Herbig

Liz Herbig is a marketing manager for Sage Accountant Solutions and loves building marketing programs to help accounting professionals grow their practices. Liz recently relocated from Atlanta to Southern California and enjoys hiking, biking, and exploring her new home.

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