Top 8 Add-ons For Drake Tax Software That Save Time and Money
Why Drake? According to the 2018 tax software survey by Journal of Accountancy, Drake software has an overall rating of 4.6/5, making it the highest-rated professional tax software in the market. As per the survey, Drake Software is preferred by tax preparers for its ease-of-use, all-forms inclusive packages, and affordable price. But, on the other hand, over 17% of users were dissatisfied with Drake's ability to integrate with other applications.
Drake Integration However, there are some add-ons for Drake Tax Software which integrate seamlessly to provide added functionality and features to the software. Drake's integration with these applications will help you save your time and money. Let's discuss the top 8 add-ons for Drake Tax Software.
QuickBooks QuickBooks is one of the most renowned accounting software for small to mediumsized businesses. It has made accounting easier and helped in managing taxes. Drake Tax Software integrates with QuickBooks to automate the data entry work. QuickBooks helps keep track of bills, payrolls, daily transactions, and more. You can easily import data from QuickBooks into the Drake tax software to generate reports for tax filing. This helps save your time and improves productivity.
SecureFilePro SecureFilePro is a file portal system for secure and convenient storage and transfer of documents. It helps you to upload files on a common platform for team collaboration. Drake Software is integrated with SecureFilePro to protect sensitive documents using industry-standard security measures. This integration provides you with anytime, anywhere access to the data. SecureFilePro helps reduce the time spent on file-sharing processes like back and forth sending of emails.
GruntWorx GruntWorx is a web-application which automates data organization and entry into the software. It uses OCR-based technology to scan documents and extract the required data. GruntWorx also flags any missing information in the data in order to reduce errors. Drake Software integration with GruntWorx ensures document organization and accurate data extraction. This integration reduces manual processes such as entering and managing data into the system and hence, helps save time.
E-Pay by EPS Financial E-Pay is a payment service offered by EPS Financial. It helps to accept and process customer's payment through credit card or debit card. E-Pay is integrated with Drake tax software in order to accept payments within the tax software. Furthermore, it helps you to receive credit card payments without using a credit card reader.
TicTie Calculate TicTie Calculate is an add-on which helps you to modify and add notes to the digital workpapers such as PDFs. It also helps you to bookmark supporting documents. Drake Tax Software integration with TicTie Calculate simplifies the process of modifying PDFs for accountants and tax preparers. It includes the feature of digital calculator tapes, which saves your time and increases efficiency.
SmartVault SmartVault is a secure and easy-to-use online client portal. It is used for document storage and secure file sharing. Drake Software integrates with SmartVault for secure and anytime, anywhere access to client data. It also offers built-in templates for new tax seasons, clients, and returns. SmartVault speeds up processes by simplifying the tax workflow.
Drake Accounting Drake Accounting is a bookkeeping application for managing invoices, payrolls, write-ups, and much more. It uses double-entry accounting to manage client records. Drake tax software integration with Drake Accounting enables you to export business data directly into the software. This integration provides customizable financial reports for different job functions. Drake Accounting also helps save time by reducing the manual data entry work and increases accuracy.
Drake Documents Drake Documents is a storage system for client documents. It automatically stores any uploaded file in the PDF format. Drake tax software integrates with Drake Documents to help secure PDF copies of tax returns and client documents for businesses. Documents can be saved to the Working Cabinet as well as Archive Cabinet. Working Cabinet stores documents only for the year of the software version, whereas Archive Cabinet stores multiple tax year documents. The integration helps to import, and export records easily from one location to another, which in turn, saves your time.
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REFERENCES 2018 Tax Software Survey -Journal of Accountancy
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