Be an Entrepreneur, Not a Firefighter
Many kids grow up dreaming of becoming a firefighter – running into burning buildings, saving people, driving the big rig through town as other cars pull off to the side…it sounds like a dream job.
But things have a way of changing as you get older, and maybe you discovered a passion for accounting or bookkeeping instead. That passion led you to create a thriving business with employees across geographies and clients from almost every walk of life.
The problem is, even though your day-to-day duties are far removed from throwing yourself into harm's way, you’re still spending too much time as a de-facto firefighter. But instead of literal fires, and without even the benefit of the cool uniform, you’re putting out figurative fires behind the scenes with your firm’s inefficient workflows or time consuming routines.
Tasks pending for days together, some staff members continuously slogging for days and nights while other members lagging behind even basic tasks, the firm’s data all over the place, and no proper communication or coordination among the team members. Each concern, once minor, has now grown to be wildfire wading into the efficiency and productivity of your firm.
It is time for you to put on the firefighter’s hat and take control of the situation. Just like the firefighter you need sophisticated tools and techniques to deal with the fires in your business and Qount will do exactly that. Qount equips you with a state-of-art practice management software which not only allows you to bring order back to your house but also allows to make important choices for scaling your business, efficiently and effectively.
Running a practice is more than just crunching numbers and producing financials.Managing clients, understanding client’s areas of concerns, offering consultancy and advisory services, managing your employees, motivating them to be more productive at work, helping your employees to learn and grow, and the list just goes on and on. So, how do you manage everything? Like the firefighter, you need tools to deal with the situation in your practice, not just any tools, tools which understand your business and scale along with your business. Tools that bring in agility and flexibility to your business at the same time allow you to take complete control of everything happening in the practice.
The cloud at your rescue
Running a practice is more than just crunching numbers and producing financials. Managing clients, understanding the client’s areas of concerns, offering consultancy and advisory services, managing your employees, motivating them to be more productive at work, helping your employees to learn and grow, and the list goes on and on.
So, how do you manage everything?
This is exactly where integrated cloud practice management solutions can help. These solutions equip you with all the tools required to bring order back to your house and also enable you to make important decisions for scaling your business, efficiently and effectively. The cloud-based tools are not just any other tool. They are highly flexible and agile and adapt according to your growing needs. They automatically adjust themselves according to the growth of your business while allowing you to be in complete control of every aspect of your business.
Practice Management Tools that help you to wade through
Workflows & Tracking
Have you ever noticed a firefighter pondering over thoughts before a rescue operation?
No, right! We always find them executing every step of the rescue operation without any doubts or second-guessing.
Their secret for that level of consistency? A checklist.
Firefighters train using standard operating procedures or checklists that help them to repeat each step of the rescue procedure with the same level of accuracy every time they perform.
Similarly, your business also needs standardized, easy to perform, and repeatable procedures that allow you to perform recurring tasks with the same level of accuracy every time.
Standardized processes and procedures eliminate guesswork from your business and allow your staff to perform more efficiently and effectively.Automated practice management tools use standardized procedures to create digital workflows that sync up with your accounting software to set your business on autopilot.
The steps of the workflow will be highly intuitive and easy to understand. All the resources required for performing various tasks are readily available so that staff members work with the least supervision and utmost efficiency.And, what does that mean for your business?Less time spent on fire fighting and more time on value-added activities.
Communication and Collaboration
Wildfires cause havoc when left unattended. So does the lack of communication and collaboration.
Imagine, one of your team members realizes that they forgot to collect an essential document form the client just before a strict deadline,a classic recipe for chaos.
By adopting the cloud, you can easily manage, if not avoid, such wildfires in your business. Email, messaging, meetings, and document sharing capabilities will be integrated into your practice management software. That means you don't have to juggle through several applications just for getting simple tasks done.
Document sharing
Many accountants often struggle with accounting source documents. Collecting the source documents involves multiple emails, numerous interactions with clients, and a lot of chaos. The source documents are essential for audit and compliance purposes, so there is no room for error in the collection or management of source documents.Dedicated client portals will make collecting and managing source documents a breeze. No need for multiple follow-up or emails. Your clients can easily upload documents according to the checklists you share. And, the best part is that all these interactions happen with bank-level security.
Billing and Collection
Poor AR collection processes curb every aspect of your practice. From short-term cash flow issues to hiring decisions, business expansions, defaulting clients, to payments poor AR collections can spread like wildfire resulting in heavy loss of time, money, and efficiency.
Qount: Way beyond practice management
At Qount, we value efficiency. Our software revolutionizes the way you manage your firm and enables you to maintain day-to-day control on every minute detail of your business, with as much or as little help as you need from our team.
Our software integrates everything your firm needs. From onboarding, collaboration, document management, tasks, workflows, payment processing to project tracking, everything at one place creating a fully integrated experience for you and your customers. In short, do what you do best and leave us the rest.
The analytics feature of Qount is exactly what you need to keep your business in control. The easy to read Trackers and Dashboards can be filtered using employees, customers, account types, output, customer engagement, and more to help you increase productivity, scalability, and profitability.
Schedule a demo, to see Qount in action.