As an accounting firm owner, your primary focus is to ensure the financial success of your business and clients. You must be accurate, efficient, and organised to provide top-notch services.
Fortunately, technology has made it easier for accounting firms to work smarter and faster than ever before. There are many productivity tools available to help you streamline accounting tasks and increase the efficiency of your business.
In this article, we are going to explore the top 5 best productivity tools for accounting:
1. Toggl
Time is money, and as a business owner, you need to be mindful of how your employees spend their time. Toggl is a time-tracking tool that helps you keep track of your billable hours. With Toggl, you can easily track the time spend on different tasks and projects, so you can accurately bill your clients and optimise your workflow.
Toggl is also perfect for accounting firms that work remotely. The software’s project management feature allows you to manage multiple projects and assign tasks to team members.
2. Kashoo
Kashoo is a cloud-based accounting software tool that is designed to make invoicing and billing simple. With Kashoo, you can easily create customised and professional-looking invoices, track payments, and streamline your income and expense tracking. The software also offers advanced reporting features, which are perfect for accountants who need to generate financial reports quickly and easily.
Kashoo is perfect for small businesses and accounting professionals who need to manage their finances on the go. The software offers mobile apps for both iOS and Android devices, so you can access your financials from anywhere.
3. Slack
Effective communication is essential for any business, and Slack is the perfect tool for accounting professionals who need to communicate with clients and team members. Slack is a messaging app that offers real-time communication, file sharing, and project management. With Slack, you can create channels for different projects and clients, so you can easily communicate with the right people.
Slack also offers a wide range of integrations, including Toggl, making it easy to manage your workflow. Additionally, Slack offers a mobile app, so you can stay connected with your clients and team members on the go.
4. Hubdoc
Hubdoc is a document management tool designed specifically for accounting firms. With Hubdoc, you can easily upload and organise your financial documents, including receipts, invoices, and bills. It also integrates with accounting software such as Xero and QuickBooks, allowing you to streamline your bookkeeping processes.
One of the most significant advantages of Hubdoc is its automation capabilities. With Hubdoc, you can automate data entry by automatically extracting data from your financial documents and uploading it to your accounting software. This can save you a significant amount of time and effort, allowing you to focus on other important tasks.
5. Expensify
Expensify is a tool designed to help you manage your expenses more efficiently. With Expensify, you can easily upload receipts and track expenses, allowing you to keep your accounting records up-to-date and accurate.
Expensify also provides a range of automation features, including automatic receipt scanning and data extraction. This means that you can quickly and easily upload receipts and track expenses, saving you a significant amount of time and effort.
Learn more about accounting trends with INAA
By incorporating these accounting tools into your daily workflow, you can streamline your processes, reduce manual data entry, and free up more time to focus on other important tasks.
If you’re interested in finding out more about the current trends within the accounting industry, be sure to take a look at what the INAA can do for you. You can discover the benefits of INAA membership here, or apply for your membership on our join us page.