July 15, 2020
Accounting Automation -- Key Benefits for Staffing Companies
There many different aspects to accounting automation, but the most important accounting process is invoicing. Invoicing is synonymous with A/R (accounts receivables) and this where businesses try to focus. It is not without reasons that A/R is top priority for staffing agencies that want to plug the loopholes inherent to invoicing practices. Among the reasons that make invoicing a tiring process is the necessity to import data from accounting software like QuickBooks and then printing the invoice.
Prone to Errors
When there is human intervention in the billing cycle, chances of error increase exponentially. This could be for many reasons such as a rundown bookkeeper, a dishonest accountant or sometimes plain lethargy. Accounting automation with invoicing software can put an end to all these ills and dramatically increase team morale and productivity manifold. Businesses, including staffing agencies are able to recognize this critical point and are willing to invest money into accounting automation.
The first benefit from accounting automation is that invoices are accurate and consistent from the first to the last. Secondly data is safe because the invoicing software imports it directly from the accounting software, and finally all critical calculations involving taxation across multiple states is taken care by the invoicing software like CONSULT ® for example.
Ideally for Staffing Companies
CONSULT ® finds extensive favor in the staffing agencies business, but it is nowadays also much preferred by CPA firms, IT consulting companies, technology service providers and bookkeeping firms due to the common synergy in these sectors. From a different perspective this invoicing software which is offered as a SaaS is cost effective and saves a lot of money and not to speak of the improved cash flow and higher profits. Since it is integrated with QuickBooks, users are saved from having to buy different accounting software.
CONSULT ® does not require buying or installing expensive software. In short it is a invoicing software that is affordable with a simple pricing tag and a 14-day free trial without any obligation. If you are mega user you can try the custom pricing option and benefit from dramatic price cuts.
CONSULT ® for automating accounts receivables is engineered to make invoicing simpler and reliable. You are assured of error-free invoices that leave no space for disputes and consequently delayed payments.
The developers have made the software robust and highly intuitive using data capturing technologies that are unique to it. There is virtually no learning curve and even someone new to billing can instantly start to use all the features.
Email support is also available and can be used for troubleshooting if you have any problem.