It Works, But It’s Awkward
Awkwardness is the consciousness of a false position.
::Together With Financial Cents::
Financial Cents has a fantastic library of templates built by accounting firms like yours.
Do the systems, processes and technology you use to manage your business and client work feel like this? Sure, maybe it’s working well enough, but perhaps you could “renovate”?
Of course, you may be thinking renovations come with a cost, but you could reframe them to feel like investments.
Renovation suggestions:
Upgrade from spreadsheets and docs to a practice management app
We are in an awesome cloud technology era. So many great choices of apps to improve our efficiency, keep our teams on track, create fantastic client experiences and collaboration, and streamline our operations. We use ours for client work and to manage administrative tasks as well.
We no longer have to live in our spreadsheets and docs - we could, but they are awkward and inefficient. Plus, even though they are free, they may cost us more than the fabulous paid apps.
Go paperless
From pre-accounting for gathering documents and receipts to payment processing, kick paper to the curb. It’s time-consuming, environmentally ridiculous and expensive to manage and maintain.
Implement automation
You can use native automation to perform manual “toil-tasks” or use integrator apps to perform duties and aggregate data from different apps. Ensure your processes and systems are tight, and test your automation to mitigate embarrassing or worse security-flawed failures.
Automation built on lousy systems accelerates lousy outcomes.
Embrace a password management app
Ditch the over-used, unsecured, impossible-to-manage password system (non-system) you have in place.
Use an app that creates unique and complex passwords for every login rather than relying on logins you create - helping to mitigate “brute force attacks,” “credential stuffing,” and “social engineering”.
A password manager app is also an efficiency app - auto-filling not just passwords, but also payment info when purchasing online items and filling out forms with details such as name, email, address and phone number.
Let’s say you have 3 meetings a week (consider yourself lucky), and you spend 10 minutes setting up each meeting (I would think this is an underestimate).
That’s 30 minutes (I’m a bookkeeper; I can do the math). Xs 4 weeks a month. Xs 12 months a year (I’ll let you do that math).
You can set up all your basic needs in an online scheduler - once - in 30 minutes (this is not an underestimate).
Take advantage of templates
If you are going to do something more than once, document it as a template of some sort.
Either create your own or use pre-built ones (you know, like mine), Financial Cents has a full library or have AI assist you in creating them. Whatever route you go, consider using them for workflows, SOPs, communications and the like.
These renovations are indeed investments that pay off.
This is not just for you, your clients, and your team in the here and now but also to renovate your firm to create freedom for you. Utilizing automation, pre-created processes and technology empowers autonomy to build the firm you dream of - work less, delegate more, partner up or sell…
Join Your Peers Here
Processes and Technology Will Set You Free From Your Firm - Presented by Financial Cents
Tuesday, February 25, 2025
1:00 PM - 2:00 PM
