You’ve taken the big step and decided to start your own accountancy practice – congratulations! It’s an exciting and challenging time for you, and I’m sure you have a to-do list that’s getting longer every day.
With so many ideas and considerations racing through your mind, it can be hard to know where to start. As well as this, you may have limited resources and aren’t in the position yet to hire any staff. These are the challenges that almost every start-up will face. You’ll also probably find that admin work is taking up a lot of your time. Nobody wants to spend their evenings stuck to their desk with a mountain of paperwork. Luckily, at Bright, we’ve got a solution that can help you get your business up and running – practice management software.
What is practice management software?
Practice management software acts as an extra member of staff by automating admin and helping you onboard new clients with ease. It allows you to establish a more organised practice from the get-go and manage your day-to-day tasks more efficiently, meaning even the smallest of tasks don’t get left behind.
If you like the idea of having the extra pair of (non-human) hands around the office, that’s a lot more cost effective than adding a new hire to the payroll, then here are three key ways that our practice management solution, AccountancyManager, can help kickstart practice.
How practice management software can help your business take off
- Boosts onboarding speed
AccountancyManager can automatically pull in details and deadlines from Companies House, generate your proposal letters (which they can sign in seconds through the system – no need for printers or pens), send 64-8 authorisations to HMRC and helps create professional clearance letters. Our e-singing tool also helps speed up your onboarding, with the ability to have letters of engagement signed in minutes.
- Email templates, ready to go
As you’re aware, accountants usually send a large amount of emails throughout the week – with a lot of variables unique to each client and service. To help cut out the drudgery, we’ve gone ahead and created over 40 email templates, covering almost every type of email you need to send to your clients. All our templates have been written by a qualified accountant. When sending your email, simply choose the template, have a quick read through to ensure you’re happy, make edits where you see fit, and send.
- Streamlined task management
Managing and keeping track of your tasks, no matter how big or small, can be tricky. Our task list feature can help you stay organised. Each task shows the client it relates to, who’s responsible, and the deadline for it to be completed. Tasks are also colour coded depending on how far away you are from the deadline. You can easily track the progress of each task, set internal target dates, and automate your task prioritisation. You can also create and assign new tasks for your team directly from emails on the client timeline.
If you think AccountancyManager sounds like the perfect colleague to work alongside you as you start up your practice – take a more in-depth look by downloading our free guide or booking a free demo.
