He yo! We’re back with the most-clicked articles from the Accounting Apps newsletter during this October ‘23:
He Looks Like a Rapper But Runs a $2M Accounting Firm | (Blake Oliver)
You’d never guess it by his rapper appearance, but my recent podcast guest, Scott Scarano, is a highly successful accounting firm owner. When I first met Scott, I honestly did not take him for a firm owner. Between the hat, chain, and lack of a typical “accountant look,” I assumed he was just another of Michael Ly’s eclectic connections. But I was so, so wrong. Turns out Scott owns a firm approaching $2 million in revenue annually. And with the systems he’s put in place, he can pull hundreds of thousands of dollars a year in owner profit while only working about 1 hour a week on the business. Get to listen to the podcast here!
5 Benefits of Using a Client Management System in Accounting | (Content Snare)
A CMS can’t turn a bad customer into your dream business client (not yet, anyway). But it can help you become a slicker, faster, and more valuable accounting firm. This article highlights five of the main practice areas where switching to a CMS makes a difference — and how these benefits help you get closer to your clients, while also boosting productivity.
Boosting Team Productivity: Techniques for Effective Task Management | (MinuteDock)
In today’s fast-paced business environment, productivity is more crucial than ever. Effective task management is pivotal for teams aiming to accomplish their objectives efficiently. A well-organised team can achieve more in less time, reduce stress, and deliver better results. Here are several techniques to ensure that your team’s productivity receives the boost it deserves.
Top 4 Most Common Invoicing Mistakes for Accounting Firms | (The Woodard Report)
Invoicing is an everyday occurrence for accounting firms. Most organisations have a standardised process in place to help them make invoicing quick and easy for their team members, who are often tasked with handling dozens of invoices at a time. These established processes are a double-edged sword – while they do help team members handle the workload, they can also cause mistakes or inefficient operating methods to become ingrained in the business. So here you have four of the most common mistakes firms make related to invoicing. Check them out.
4 Common Challenges With Job Costing In Construction Companies (And How To Overcome Them) | (WorkGuru)
Job costing is not without its challenges, and construction companies must overcome these challenges to implement it effectively. This article explains the four most common challenges of job costing in construction companies and provides practical tips on how to overcome them. These challenges include inefficient tracking of costs associated with a project, lack of transparency in job cost data, difficulties in reconciling estimates and actual costs, and inaccurate forecasting of project costs. Keep on reading.
How to Calculate ROAS: Breaking Down ROAS Formula for Business Owners | (Synder Blog)
In this beginner’s guide, the Synder team breaks down the basics of ROAS and shows you how to calculate it. They also provide you with useful tips and tools so you can start maximising your advertising budget and achieve the results you want for your business.
How XBert Helps Communicate Your Firm’s Value to Clients | (XBert)
In a crowded marketplace, your firm stands out from the crowd thanks to your firm’s unique selling point (USP), the value you offer to clients. In short, how you can make their lives easier and help them drive their business forward. What value can you bring to the table? Learn how XBert’s AI-powered practice management platform helps you maximise and communicate this value effectively.
How to Fix Broken and Slow Expenditure Approval Processes | (ApprovalMax)
Good expense management protocols keep you on the straight and narrow path to success. The only time you’d pull back is if you’re going to crash. This article explores some of the most common challenges contributing to broken and slow expenditure approval workflows. It also has actionable tips to enhance efficiency, eliminate bottlenecks, and empower your team with adequate spending controls.
6 Tips to Schedule and Run a Client Meeting Successfully | (HoneyBook)
Did you know leads are 40% more likely to book you if you start with a client meeting? According to HoneyBook’s research, clients are 40% more likely to book you if you meet with them. Once you book your clients, meetings are key to delivering your services successfully as well. Follow these six tips to supercharge your client meetings and get more business.
The Tanda Story: From University Bar to Brisbane Skyline | Alex Ghiculescu | (Heather Smith)
In this podcast, Heather speaks with Alex Ghiculescu, co-founder of both Tanda and Workforce.com. Alex is known for blogging and has a Substack newsletter where he shares stories from his 10+ years of building Tanda. Additionally, through Keen Strategies, Alex invests in B2B SaaS companies offering early-stage investments alongside technical and operational experience. In 2012 he received a distinction Bachelor of Business and Information Technology, Software Engineering from QUT (Queensland University of Technology). Check this blog post and listen to the podcast too!
Which one of these highlights have you enjoyed the most during this month?