It's time to automate some processes. Here are three easy-to-automate business processes that will help your business stay organised and productive:
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According to recent research, cloud-based accounting firms acquire more clients than traditional accounting firms, as it stands to reason that their customers (whether small businesses or personal) expect their accountants to be leveraging the latest technology.
Automation plays an important role in the accounting industry, particularly for Audit Firms, where manual gathering and input of information can be an inefficient and sometimes inaccurate audit work process. The ability to automate the audit program process will help generate more accurate data that makes the audit engagement results more credible.
As a Managing Partner, Practice Manager, or the Head of the Audit and Tax Department you know the importance of adhering to the relevant industry regulations and internal compliance standards. You might be relying on manually intensive processes to manage your operations and feel overwhelmed with the number of tasks you're managing. Therefore, you are unable to focus on building the businesses top line, lacking efficiency, and struggling to govern your organisation, which results in inconsistent service quality.
As a Managing Partner, Practice Manager, COO or Head of Audit / Tax Department, you are probably:
And you know you could get a lot more done if you could:
Ensure every step of the process is completed in accordance with company professional standards
Track audit service completion using SLA and KPI performance indicators and measure productivity
Get comprehensive insights with key metrics, custom dimensions and ad-hoc reports
Provide complete transparency to stakeholders on the status of their service requests
Support physical audits on the ground and fulfil services with mobile app or web-based tablet
Seamlessly manage scheduled services and audit work by automating creation and assignment
To make your business more efficient, you need to automate the processes and workflow of it. This is where automation comes into play! In this blog post we'll explore five different ways that can help with those goals - including two specific examples: Business Process Automation (BPA) and Workflow Management Systems.