Even at your best, running an accounting business can be a difficult task. Like any small business, there are endless demands on your energy and time, and you never seem to have enough hours to do everything A business needs the assistance of an accounting firm to keep track of its assets, liabilities, and income in order to make informed business decisions.

It is essential to use the services of online accounting service providers in New York City to maintain all the documents structured and current in the technology-driven era where files and accounting books have made way for robust accounting software. From the list of the best accounting firms in ny compiled by GoodFirms, choose the most suitable service provider.

These are the 5 best apps to help accountants

If you have been in the business of accounting for a while you may already know a few favorite apps. If your business is expanding, you will need a service provider who can not only keep up but also help you take your accounting business to new heights.

Bottom line: Choosing the right tools can give you an edge over less agile and flexible competitors (and there are many of them in the accounting firm). We’ll be looking at some of the top apps that can help you develop long-term client relationships and increase your bottom line.

Apps for your company

1. RingCentral–An all-in-one communication platform that keeps in touch with clients and prospects

Let’s face facts. Firms that don’t keep up with changing client expectations risk losing out to more agile competitors. RingCentral is your one-stop shop to secure business communications. It combines video conferencing, messaging, and cloud-based phone calls all in one app.

This makes it a very practical tool for accountants. It works on all devices (iOS, Android, and Mac) and features thoughtful features such as:

• Voicemail – This isn’t your typical phone voicemail. RingCentral allows you to have visual voicemails, which is useful when you want to listen to your voicemails rather than read them. You can also get voicemails sent directly to your inbox.
• Call forwarding – Forward incoming calls to any (or every!) of your devices. You can ring any of your devices at any time, from any department to any location, or both simultaneously. You won’t miss another call.
• Auto-attendant – No receptionist? It’s not a problem. No problem. The auto-attendant acts like a virtual receptionist, greeting callers and routing them to the appropriate person on your team.

Remote working is becoming more common. Many office-based jobs can now be performed from outside the office. It is important to ensure reliable communication in this new environment. RingCentral helps accountants provide excellent service to clients by allowing them to make personal video calls from any location. This is a great way to provide a personal touch and reassurance.

2. Xero app – comprehensive and user-friendly

Xero is a popular accounting solution. It’s easy to see why given the variety of features it provides. The Xero app provides a single solution to a variety of accounting firm functions including receipts, invoices, income reports, and claims. You can add additional functions to the app in real time, as you and your clients need them.

Other benefits are also available. Xero’s intuitive interface is also a benefit. It is simple to use even for absolute beginners. Unlimited users can be added to Xero. This is a major advantage over other apps that charge you to add users beyond a set limit.

It is a cloud-based accounting tool that combines everything in one shared database. This makes it very easy for accountants to share with their clients. Its flexibility and add-ons make it especially useful for small businesses and startups.

3. Boomr: Simple time tracking for CPA firms or clients

As we know, time tracking can be difficult for both clients and accountants. Boomr makes it easy by integrating your accounting software with timesheet management.

Boomr’s Trusted Advisor program is also available to accountants. This not only grants your accounting firm a Boomr account for life but also provides other benefits such as wholesale pricing for clients.

Boomr can also offer significant savings to your clients, something they will be grateful for. Boomr helps eliminate unnecessary administrative overheads, and timesheet padding, and gives clients a better overview of their time tracking. This makes invoicing much easier and more precise.

4. Hubdoc: Secure access to client bank accounts

Hubdoc is an ideal solution if you have multiple clients and need to manage their accounts. This app allows you to secure access to your client’s bank accounts. It saves them the hassle of sending you their statements or gives you read-only access.

All they need to do now is log into their online banking account to set up a HubDoc link so they can access it securely.

The app can download bank statements automatically, and it can also extract PayPal CSV files for you. This app takes the burden off your shoulders, allowing you to focus on other tasks. HubDoc also handles invoices, credit card receipts, and bills. You can also sync these documents to other apps like Xero or Intuit QuickBooks.

5. Becker’s CPA Exam Review is perfect for CPA Study

It is not an easy task to become a certified public accountant (CPA). This hurdle must be cleared in order to become an American-certified public accountant. Each section takes four hours. These sections include auditing and certification, financial accounting firm, reporting, business environment, concepts, and regulation. This exam is not easy to pass without a lot of studies and hard work.

There’s an app to help you do that. Becker’s CPA Exam Review makes a great choice for CPA studies. You will find over 275 hours worth of audio and video lectures, unlimited practice exams, three simulated CPA exam sections, 400 task-based simulations, as well as more than 7,000 multiple choice questions. The interactive study planner is included to aid potential public accountants in tracking their studies.

These are the 3 best apps to use with your clients

1. RingCentral: Mobile and desktop apps for clients to reach us at all times

It’s RingCentral, again! And we don’t just say that because it’s our solution. We have already discussed the accounting software your company can use to connect with RingCentral. Our software and apps are primarily about communication. This includes client experience.

You and your clients, for example, can communicate with each other via the app on both mobile and desktop devices. You need to get away from your desk. To flip the meeting to your smartphone, just press the Switch button.

RingCentral’s amazing functionality allows clients to reach you at any time and from anywhere.

You can also switch between a telephone call and a video chat with clients – just in case you wish to have a face-to-face conversation.

2. LastPass: CPA firms can share passwords with their clients using LastPass

It can be difficult for both you and your clients to share passwords. Clients often hesitate to give out passwords, which is understandable. LastPass is an app that makes it easy for clients and accounting firm to share passwords. 

This includes a variety of controls that allow you to manage passwords and logins for everyone on your team. It can be a security risk for employees to write down passwords on Post-It notes and store them on their computers. LastPass allows you to create a master password, and the app will take care of the rest.

Read More: Job Interview Question – How to Answer and Tell me About Yourself?

3. HubSpot CRM: a convenient CRM tool

For many small businesses, customer resource management (CRM), can seem daunting at first. Many of them find it intimidating to even consider learning about it. They don’t often bother to learn it. HubSpot CRM is simple to use and doesn’t have the high-priced pricing of other CRM solutions. It’s also completely free.

HubSpot integrates with RingCentral to make it even easier. HubSpot allows you to make and sync RingCentral phone calls. It’s easy: Once you have connected RingCentral to HubSpot, you only need to select the former as your calling provider. You can listen to voicemail and send and receive SMS messages. You can also access your RingCentral Company Directory and call colleagues.

Small businesses can be transformed by accounting technology

As we look towards the future of small businesses, there are many things to be aware of. Particularly, the rise of remote working is bringing major changes to small, medium, and large-scale businesses. This, along with the already-established trend towards automation, is nothing less than a revolution in business practices.

It is not easy to run a small business. You have many responsibilities, from customer engagement, staff training, and budgeting and accounting. Every business should take the decision to choose the right technologies seriously.

This begs the question: What criteria should you consider when selecting the best accounting software for your small business? This is something you need to consider carefully in order to find exactly what you are looking for. These are the key criteria to consider:

1. Your overall budget. What amount can you spend on accounting software?
2. Add-ons. Add-ons.
3. Cloud accounting. Cloud accounting allows you to access your accounts wherever you are. We are increasingly doing business from our mobile devices.
4. Your accounting skills. What are your financial skills?
5. Your business’s specific needs. Software must be tailored to your business and individual needs.

It is vital to do thorough research before you make a decision about accounting software. This will allow you to see the positive impact it can have on your bottom line, which is ultimately the most important thing.

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