With advances in cloud computing, SaaS has become the de-facto standard to software distribution, and this goes for accounting practice management software too. A SaaS-based accounting practice management software offers various benefits over traditionally hosted software systems. The cost of monthly subscriptions is a lot lower than that of software acquisitions. You don’t have to pay any upfront fees which lowers the barrier to entry. As a result, SaaS-based solutions are garnering a lot of popularity among accounting practices. These are some of the advantages they offer over everyday software solutions at your practice firms.
Whether you move your entire accounting practice to the cloud or a part of it, SaaS-based accounting practice management software gives you virtually unlimited space to store those huge volumes of customer data, essential documents, important files regardless of the device you’re on. Customer data only grow in volume with time. Cloud-based software will ease your data storage concern to a large extent. Cloud-based solutions tend to be scalable.
Your customers’ data is probably the biggest asset to your accounting firm. In addition, critical data must be protected at any cost from all sorts of cyber threats be it man-in-the-middle attacks, DDOS attacks, or outright breaches. Moreover, modern software is vulnerable to zero-day exploits if they are not patched on time.
While cyber threats are hard to get by, you must assure you have the best security practices in place. SaaS-based solutions tend to be more vigilant of incoming cyber threats. Since they live on the cloud, the vendors can patch a zero-day vulnerability in no time without having to issue separate patches to individual software installs.
Furthermore, vendors run all sorts of security audits and runaways to ensure best security practices are in place and breaches and threats are on the bay.
The cloud makes way for seamless collaboration. With endless computing power, the cloud allows virtually unlimited connections to a single instance of software service. Remember the time you were running audits for that big client and had to broadcast emails to keep your team members on the same page. With SaaS-based account software, all the stakeholders on that job can now collaborate in real-time. No more boring emails to compose and unparalleled efficiency.
Even the most sophisticated business doesn’t want to miss an opportunity of cost-cutting be it at the expense of customer experience or otherwise. Fortunately, the cloud brings inherited cost-saving measures to your accounting firm. With SaaS, you can cut your software expenses to a fraction of what you were paying a year ago on licensing, hardware, and maintenance fees. There are no software procurement costs to begin with and no commitments to stick with. The pay-as-you-go model of modern SaaS solutions allows you to cut the cord at any time without any cancellation fees whatsoever.
Of the many accounting practice firms we work with, they tend to extend those cost benefits to their workforce and clientele, leading to healthier customer and client retention rates.
The main reason most accounting practices turn to practice management software is to take slow, repetitive tasks off their own plate. A firm that has implemented practice management software will be spending far less time on administrative tasks and more time on tasks of higher value. Along with gaining more time, removing many of the manual processes in your firm gives you various benefits:
Standard Implementation process
Tracking real-time spent on projects
More time for fostering client relations
Expedite compliance cycles
Managing an accounting practice requires keeping everyone on the same page. You need practice management software that can empower you with different support packages, enlighten your team with timely counseling and training, and provide an ideal client experience with easy implementation and support.
Different Support packages, easy support channels, Easy implementation & Counseling, Training.
Humans are prone to making mistakes. The more documents and data you process, the more likely are the chances of errors getting slipped without noticing. Accounting Practice Management Software on the other hand is designed to repeat tasks endlessly in exactly the same way. As a result, it has been proven to make accounting faster, more accurate, and far more productive.
A practice management software that could be branded or customized as needed is always an added advantage for you as well as your clients. Solutions like White Label services not only allow you to rebrand the application with your logo but also provides additional benefits like installing and hosting the application on your private server.
If the entire process of shifting to automating technology is intimidating for you or if you are unsure where to begin, we can help you upgrade from day one. Our special support packages with a dedicated manager will train and guide your team members as per your requirements.
Ready to implement an accounting practice management system but need a helping hand? We at CAOA are happy to assist you!
CA Office Automation is one of the wonderful concepts designed by the Team Aequitas Infotech for Practicing Professionals like CA, CPA & Tax Consultants. We have been using it for the past 4 years, it’s been the most effective tool in digitizing and automating the work process of the firm. They have been very responsive every time we reached out with any query, and we are delighted with their services. We will definitely recommend them. Thanks for the Great work!”.
I am happy that somebody has taken pain to understand our business process and given such a good application. Our client feels they are dealing with a world-class service provider. This is the best solution for all our requirements.
Being a CA/CS/Accounting firm, we must keep tracks of the scheduling of recurring jobs, database management of clients through their profiles, allotting tasks to the team by dividing them into sub-tasks and that too by keeping the whole team in the loop for a status of tasks, alerting clients through SMS/Emails, managing Documents into various categories like Master/Working, etc, managing costing of work, Invoices/Receipts Management (without Late or Missing Invoicing!), appointment scheduling, File labeling with locations, keeping pace with technology by using Cloud, Sharing of Job Status, Billing/Receipts with clients, and many more…
CAOA software will be very helpful to those Professionals who want to scaleup their business to the next level. Literally, It Saves Time, Energy & Build Strong relationship with Clients. Had a great experience with CAOA.
For the last few months we are using CAOA’s White Label solution under Hongkong Government affiliate program, which has allowed me to make some personalization to their software. They have a very good support team that will work on your White label account and within a short span of time, you’ll be up and running.The user experience & security solutions of this software are in the major spotlight.I’m very much satisfied with their White label service and recommend it to other accounting professionals.
CA office automation allows us to easily manage workflow throughout the organization while increasing accountability and security measures.
They also provided excellent training on how to get the most from our system.
We thank the CAOA team for the wonderful job they are doing in helping us develop our internal control system by implementing the CAOA Platform. Everyone has been professional, excellent and hard-working across all our interactions with the team. Thanks to them, we were able to achieve our goal on time, and we look forward to continuing working with them in the future.
Hearty congratulations to the team at CA Office Automation for an excellent job! We’ve been trying to put together a functional Office Automation system for the last three years. I am happy to say we finally hired the team at CA Office Automation, and they’ve worked closely with us throughout the process, staying on task, on target, and on budget. I also appreciate their quick and courteous responses. I highly recommend their service!