Innovative Ways to Leverage e-Accounting

Practice building is built-in!
  • Banking
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       Your business clients may require business loans. In many cases, you can help your client get that loan, but possibly on more favorable terms with your direct involvement.

    Consider the additional strength that you bring to your client business through your direct access to their accounting and financial data. With you in control, the bank can be better assured as to the quality of the financial data, and may be further assured that certain loan covenants would be protected through your controllership.

  • Bookkeeper Training
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       In some cases, your clients will want to process their own bookkeeping in-house. Rather than taking a hands- off approach to these clients, engage them by providing training or consulting services to support their in-house bookkeeping.

    If your firm provides real-time guidance and reviews, the quality of the financial information is far better and requires less work to adjust and report. Ultimately, saving your client time and money will reward your practice with more opportunity to engage the client in other efforts.

  • Information Systems Management
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       Any business that uses computers and technology resources has a requirement (and a responsibility) to properly manage those resources. Many small business owners do not completely understand the critical nature of their business technology because it has never experienced a severe failure. If they haven't lost their data because of a bad backup tape, then they may not understand the impact the loss would have to their business.

    Your position and relationship with your client allows you to discuss such potential impacts to the business, and how they might be mitigated. Implementing anti- virus protections, or automatic backup services can be key business continuity and recovery solutions for you to offer your client. Consider how valuable your advice would be if your client did have a network crash, yet all their data was safe and sound in a secure site? How about using j2 services to provide failover for the telephone services? The office is still operating if it can receive faxes and voicemails. And the online system provides access to all your messages - any time, anywhere.

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