Updated: This blog was last updated on 26th May 2020 with more relevant and up-to-date information.
If you are a CPA or an accountant, you must already know the importance of applications with the evolution of the accounting industry. For increasing the productivity and efficiency of your business, you need to take certain steps that are necessary for the long run. You are required to do it to stay ahead during the time of such high competition where various other similar businesses are thriving to grab more clients.
Numerous apps and utilities are being developed to drastically improve both accuracy and productivity at work. Taking all that into consideration, we have listed some of the most efficient apps that would make your accounting tasks much more efficient.
7 Best Apps for CPAs and Accountants
The primary requirement for an accountant is an adequate accounting program that has modern-day accounting features, coupled with multi-user functionalities and add-on programs. When it comes to the most featureful of all other accounting software, there is no choice better than QuickBooks. No doubt, the capacity, and abilities of QuickBooks have already been authenticated by 85% of the accountants of the USA.
Innovative ideas can come at any point in time, and you need to memorize it so that you can think about it later. Smart accountants trust the application Evernote for this particular task. It not only lets you save your ideas but also enables you to access it from anywhere using any of the internet-enabled devices. You can even share it across, so that your idea is validated by your closed network.
The Buffer application is the best application to manage all of the social media platforms like:
LinkedIn, and others
The posts can be customized according to the social media platform. Added to this, you will find the option of scheduling posts as well. The performance of the social media posts can easily be analyzed with the report insights of Buffer. It also helps you reply to the users from a common inbox for any of the platforms.
You do not require asking the clients to give read-only access to their financial statements, and bank accounts anymore. Instead, the clients can easily set up a Hubdoc connection by logging into their online banking from the computer.
The application securely connects the bank account of the client, and then automatically downloads the bank statements and images of checks. The monthly PayPal CSV files can easily be extracted using this application, saving a lot of time.
The business people can get tired of the long chain of emails as it becomes quite difficult to follow the trail. Moreover, it tends to get lost amidst a sea of spam.
This is where the use of Slack comes into action. Slack is an internal chat application that can be used for the fluent communication between employees inside the accounting firm. This is one of the preferred apps because it is:
- Easy to install
- Simple to use
- Drastically cuts down of internal email
The application allows you to:
- Share files
- Create private groups
- Individual messaging
- Create a unique channel for each project
- Send messages instead of email
You can also set up integrations, which will sync the important information automatically into your Slack channels. The data can easily be accessed from any of the internet-enabled devices, including your smartphone and tablet.
6. Office 365
The most popular office tools like Word, Excel, PowerPoint, and more can be accessed directly from your smartphone with the application Office 365. This product stores all of your data on the Microsoft cloud servers, so even if you lose your device, or it gets damaged, all of the data would remain safe and sound on the OneDrive cloud storage.
Dropbox, a cloud storage solution, is considered one of the best applications for file sharing. The convenience of accessing documents anytime and anywhere transforms the way of working for you. The large files need not be sent through the mail but can easily be stored in Dropbox, and then shared with others using a generated link.
These are a few applications that are considered best for the CPAs and accountants. It is always suggested to use these efficient applications for maximizing the productivity of the business. Embrace the applications for getting absolute comfort, ease, efficiency, and accuracy.
These are not just an add-on for work but are a real necessity for smart accountants.