Accounting firms rely on a variety of software to manage their practice and deliver value to clients. Here are a few you should have in your tech stack:
Accounting software: This is the backbone of your practice, handling tasks like bookkeeping, cash flow management, payroll, and financial reporting. Some of these software can also specialise in Australian businesses, helping you stay compliant with ATO standards.
Practice management software: This software can streamline your firm with client relationship management tools, recruitment features, documentation, and analytics about your practice’s performance.
Communication software: Video conferencing and instant messaging platforms can make it easy for you to communicate with your staff and clients, making them crucial to collaboration.
Marketing software: This software should cater to all the channels included in your marketing strategy, such as email and social media. These are great ways to share valuable information with your target audience.
Cybersecurity software: Antivirus and data encryption can help safeguard sensitive information and protect your practice from cyber attacks.