The Washington CPA 2020 Fall

Page 23

TECHNOLOGY

Accounting brings with it a heavy mental workload—and even accountants who absolutely love crunching numbers eventually start to feel the strain. Through automation, you can reduce many of the menial tasks you are responsible for every day, freeing you up to take on more important advisory tasks that will help advance your clients' or organization’s financial situations and provide you with vital information about tax responsibilities, investments, and more. Automation can categorize transactions, run payroll, pay bills, run financial reporting (that's easy to read and understand), invoice clients/vendors, take care of revenue recognition, and more. Further, automation helps reduce mental stress and decreases frustration related to deadlines. The result? Your firm has happier team members who can focus their efforts on high-value tasks and do more of what they enjoy, as opposed to the monotonous and never-ending data catch-up. By off-loading the manual and laborintensive tasks, not only can you do more for your clients, but that decreased mental load can help you and your staff feel sharper and better prepared.

Jessica King

DOES YOUR ACCOUNTING FIRM/TEAM REALLY NEED AUTOMATION? The short answer? Yes. Maybe your accounting firm or team has operated just fine without automation. But the reality is that you must prepare for the future—today.

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The Washington CPA Fall 2020

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