Building your App-Stack as an Accounting Firm

apps Jan 07, 2020

Building an App-Stack for your Accounting Firm...

Is your firm suffering with App Overwhelm within the Cloud Accounting Ecosystem? Wondering what areas, you should be focussing on for your client embracing app-stack?

So let’s help you out with this and give you the key areas to focus on (link to a template at the bottom too or here if you're impatient!):

Bookkeeping Software

How does your client manage their bookkeeping? Are they good enough at it? Do you fix it each year at no extra cost and don't tell them it wasn't up the level required? Do they want to do it? What else could they be doing with their time?

A piece of cloud software that majors in bookkeeping, compliance, hmrc returns, real-time data reporting.

You may have an urge to work with all of the main players however our advice is always internally default with one then review opportunities that appear with other cloud accounting vendors as they appear (are the clients and fees worth it?).

Essentially do...

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Why app knowledge isn’t enough for accounting firms to offer App Advice to businesses...

So you’re a firm beginning or in the midst of immersing yourselves into cloud accounting, the app ecosystem is coming more to the fore and you’re thinking “we need to learn these apps for when our clients need them” - I’ll stop you there. The sentiment is right but the thought process is wrong...

App knowledge will get you so far - learning the features, pricing, on-boarding requirements for 700 apps; simples... Obviously not and the key focus area of apps - they are simply an option to solving business problems... I get asked regularly “what are the top 10 apps my firm should invest time in?” and my response is “what are the top 10 business problems you are trying to solve for your clients?”

If you’re going to invest time in understanding how apps work for you simply go and speak/survey your clients for what their biggest problems are at the current time, then base your app investment in that area. There will be ad-hoc...

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