Choosing the right practice management solution is critical to gaining a competitive edge, but with an abundance of solutions available, what’s right for your firm?
7 steps to choosing your practice management software
What is practice management software for accounting firms
Practice management software enables accounting firms to organise and manage their front- and back-office operations.
- streamline the running of their practice
- automate tasks and data flows
- assign, track and collaborate on jobs and tasks
- provide powerful real-time insights.
Firms that use the right type of cloud solution have a competitive advantage. Many firms moved to the cloud during the pandemic, which meant that even with team members working remotely – accounting firms could easily organise and track jobs, manage tasks, maximise resource utilisation and billable hours and ultimately margins.
To achieve the maximum benefits, your practice management software needs to enable maximum efficiency. Spending most of your time and energy on urgent organisational demands at the cost of strategic objectives hinders your ability to grow your client base or focus your team on higher value work.
“With firms dealing with hundreds, even thousands of tasks across the business, a practice management system keeps everything organised and everyone on the same page,” said Wolters Kluwer Head of Product for Professional Software, Rakesh Naidu.
Seven steps to choosing the right software
This Wolters Kluwer guide is designed to help you develop the right technology approach in choosing the right practice management software for your firm.
Or join our complimentary webinar: How to choose the right practice management software for your firm
Wolters Kluwer is a leader in guiding accounting and tax firms through digital transformation. Across Asia Pacific, Wolters Kluwer inspires productivity, innovation and collaboration through CCH iFirm solutions.
CCH iFirm is a unified cloud-based platform providing an integrated software suite designed specifically for accountants. The CCH iFirm suite helps accounting firms run and grow their practice through deeply integrated modules, increasing automation and productivity. The solutions include: Cloud Tax (for ATO lodgments), Practice Manager, Intranet, Portal, Document Manager, Billing, Resource & Capacity Planning, CRM, Workflow Automation, Reporting, and much more.
As the first to market with cloud solutions, we deliver business insights and intelligence tools, information and software to some of the region’s most successful firms. With the integrity and accuracy of over 50 years’ experience in Australia and New Zealand and over 180 years internationally, Wolters Kluwer is committed to raising the bar for software, knowledge, tools and education.