7 Best Tools for an Accounting Startup (and a bonus!)

Finding the best tool for the job.

You are only as good as the tools you have at your disposal. If you are starting an accounting firm looking to provide an innovative service to your market, here are seven of the best tools to maximize your productivity and minimize your overhead.

#1. Jetpack Workflow

Client & Workflow Management

Jetpack Workflow is a software that allows you to track tasks, due dates, and next steps for all of your team. One great feature is the ability to automate notifications so when one step is completed, other team members are notified to proceed.

This also reduces the non-billable admin time that can minimize your profit margin.

#2. QuickBooks Online

Accounting Software

This one is simple. It’s the industry standard accounting software. You know that. Thank you, next.

#3. Slack

Communication

Slack has grown exponentially in the last two years. It’s now used by 500,000 companies worldwide, with 8 million daily users. It replaces conventional email with an application that more closely resembles IM.

It excels at team chat and offers video conferencing and screen share. This expedites communication and keeps you and your team from having 481 irrelevant unread messages in their inbox.

Slack’s ability to create different teams, channels, and workspaces allows you to separate and organize groups to delineate information.

#4. Bill.com

Accounts Payable

Bill.com is the 21st centuries solution to accounts payable. You can easily track and manage payments. It also integrates with Quickbooks to take time out of updating your clients’ books.

Read how we help one accounting firm reduce man-hours on Bill.com entries.

#5. Expensify

Expense Management

Expensify allows you to easily track client expenses, code them, and export to QuickBooks or import to bill.com. It’s also endorsed by 2 Chainz and Adam Scott so if that doesn’t sell you on it I don’t know what will.

#6. Salesforce

Customer Relationship Management

Salesforce is a heavy platform. It can do just about anything or integrate with something that can. Its main function is as a CRM for sales and client management so as you grow, salesforce will grow with you.

#7. Zendesk

Customer Service

When you have your first 10, 100, or 1000 clients, there comes a time when you need to handle support tickets or create a knowledge base to train the freshman staff members. Zendesk is the tool for you.

#8. Dinamis (Bonus)

Augmented Staff

As you are growing, you might not have the ability to take on additional staff members and remain profitable. Dinamis augmented staff takes rote tasks away from your senior accountants and lets them focus on high-level tasks.

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