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A lot of business owners have an infrequent communication schedule with their accountants. Some clients hear from their accountant once a year, others are in contact quarterly, or even every couple of months.
However the accountant communicates with you, it is mostly driven by the accounting platform that is used; or in some cases, the technology that they use to work with clients. If you had a choice in the matter, would it make sense to hear from your accountant more often and with timely advice, suggestions, or ideas to impact the business? If you silently answered “Yes!”, then please keep reading.
GP CPA has relied on cloud-based accounting technology for many years now and devotes a significant amount of time toward testing and learning the latest and greatest systems out there. We frequently hear from our clients that their current payment systems, invoicing, or other operational systems are not working as intended and they ask about alternatives. We have been collecting our answers over the past few months and have summarized them below.
Relay – This online-based banking platform is a truly collaborative experience. If you are tired of massive bank fees, being locked out of your online account, or terrible customer support, then Relay can change that. Relay is a banking for the modern business and turns traditional banking upside down with a user-first online platform. Say goodbye to writing checks and high fees and say hello to your new bank, Relay.
For business bill-pay:
Routable – is perfect for business owners who need a better handle on organizing paperwork or tracking who they owe. When the process is paper-based, paying a bill eats up a lot of time and offers little accountability; we have all heard the famous line “ the check is in the mail…” Routable will move your entire accounts payable process online, enhancing the workflow and closing the loop much faster. Literally, you will be able to pay bills from your phone from anywhere you have service. Invoices and bills can be scanned or emailed directly, vendors can safely add their own banking information to be paid via ACH, and Routable will issue checks directly from your bank account. Free up some time, save some money, and move forward with Routable.
Gusto is the one. GP CPA has tried all the other platforms and Gusto is still the best option available. Take the pain out of payroll with GP CPA + Gusto.
Xero is user friendly and has a large global presence. Xero works seamlessly with Relay, Routable, and Gusto to make your business better and faster through streamlined accounting. Start using Xero and start seeing the benefits of real-time data.
For payment processing:
Square has come a long way. Their mobile application is the most user friendly platform available and their credit card fees are now industry leading. If you need reports, flexible payment options, and user friendly interfaces, then Square is the best option.
For project management:
Karbon is the best option out there. Many project management platforms are labor intensive and require a significant amount of time and data entry just to make them usable. If you are tired of spending all of your time keeping up with your project management software instead of actually using it to manage projects, then Karbon will change how you work.
If you made it to the bottom of this list, then congratulations are certainly in order. After you high-five yourself or pat your own back, let us help you get started. Contact us now to see how we can move your business forward with the latest technology.
GP CPA offers a wide range of business advisory services that are tailored to the needs of business owners. For those small businesses who need someone to keep the books, we can do that.
Since we now have less than 90 days left in the year, kindly keep me apprised of when you expect the major revenue collections to be during the next few weeks and we can adjust accordingly.
As many area businesses know Charlotte Sales Tax rate is either 2%, 7.25%, or 8.25% and what rate belongs to your business is based on what the business is selling.
A CFP® is a Certified Financial Planner professional that focuses on taking a holistic approach to goals-based planning.