Customizing your firm’s workflow is one of the key ways your accounting firm can create higher value for your clients and more efficiency for your team. When you compare the workflow productivity potential of a comprehensive workflow solution to that of a single point solution for one area of your practice, the benefits of an integrated platform are easy to see.
Not only does having a single workflow solution create higher service and revenue capacity for your firm, it also makes everyone within it more productive. Plus, with an integrated workflow tool such as Canopy, your team and your clients will save time by being able to utilize a cohesive internal and external communications strategy.
Another area where a single suit practice management solution will add value is by directly improving your firm’s bottom line by reducing the necessary technology spend. For example, you can evaluate how using a single solution instead of multiple disparate ones can eliminate inefficient steps and the need to use and pay for additional products when the same workflow tasks can be accomplished by using one product.
Empower your firm and your team with more workflow and cost efficiency
Published by Canopy, the eBook, "The Better Way: Advance Your Accounting Workflow for a More Efficient and Empowered Practice," will help you create a detailed plan for advancing your current workflow structure.
You also can use it to start mapping out a better way to serve your clients, accomplish key goals for throughput and reduce costs per client engagement.by automating tasks to reduce manual data entry and other low value tasks.
Some examples of how Canopy’s integrated practice management platform provides additional value for your firm as an integrated solution include:
- Eliminating manual processes such as working with spreadsheets and sticky notes to manage work as well as the need for manual invoicing. Instead these tasks can be accomplished automatically in Canopy.
- Creating client communication efficiency by reducing time spent tracking email communications by turning emails into tasks. You can also access detailed task insights which can help you accurately communicate to clients about the status of their work to build higher levels of trust and competency in your firm.
- Increasing the retention and referral rate of clients by making it easier for them to do business with you.
- Effectively managing your firm talent by empowering and retaining staff with cloud-based tools that make their lives easier and creating a centralized place and method for tracking and organizing tasks/subtasks to eliminate frustration, errors, and burnout.
- Providing improved access to insights for running your firm more effectively. Canopy allows you to review operational data and holistic insights on client workflow and team capacity to make better business decisions.
Since every firm is unique, it is important to consider the specifics of the workflow you need most. Download the eBook, "The Better Way: Advance Your Accounting Workflow for a More Efficient and Empowered Practice" now and start mapping out a better way for your firm to maximize its workflow and operational efficiencies so you can achieve the bottom line results and higher levels of client and team satisfaction that will help your firm continue to thrive now and in the years to come.
Like what you're reading?
Subscribe to our FREE newsletter and we'll deliver content like this directly to your inbox.