Mobile technology use set to spike for SME clients

Mobile technology use set to spike for SME clients

The uptake of mobile usage by clients, particularly the self-employed, reflects positively back to accountants according to one software provider.

Speaking to Accountants Daily, Intuit Australia’s country manager and vice president Nicolette Maury said accountants should be encouraging clients to use mobile for business.

“A big trend that we're seeing at the moment is around the use of mobile for small businesses,” she said.

“Small businesses are embracing mobile and using it increasingly to run their businesses and to get those insights on the go, which is leading to better small business productivity and the ability for their accounting partners to get more accurate real-time data into the small business that they're working with.”

Intuit’s recently released Self-Employed Study revealed that 35 per cent of the self-employed expect the amount of time they spend using mobile devices to increase over the next 12 months.

Those that have been in business for less than four years are the most mobile-savvy, with 44 per cent expecting the amount of time they spend using mobile devices to increase over the next 12 months.

Further, 60 per cent of the self-employed would like to be able to do more business-related tasks through their mobile phone, such as the ability to store receipts (33 per cent), track expenses (31 per cent), and create and send invoices (29 per cent).

In October 2016, Intuit released a mobile accounting app for the self-employed market, QuickBooks Self-Employed.

“We're seeing great uptake of that product, but also using mobile as a way to become more productive and get better business insights on the go,” Ms Maury said.

“For example, through being able to categorise their banking transactions on the go or being able to have a quote accepted and an invoice sent and payment received, all on the go.”

Mobile technology use set to spike for SME clients
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