Is your accountant giving bad advice?


Businesses often rely on their accountant or other financial advisor to provide them with sound advice about managing their money. But many accountants are also called upon to recommend accounting software to their clients, even though technology isn’t their strong suit.

If your accountant is recommending that you use fragmented software (i.e. a standalone accounting package that is only connected to other software through API, or not at all) it is probably just because that is what they use already and it is most convenient for them.

They won’t consider the potential wasted time for your business if something goes wrong with the integration to your other software, or if it is incompatible with your current systems – meaning that someone at your business will have to input the same data multiple times into different systems.

That amounts to a lot of time (and money, in the form of wages) wasted on tasks that really only should have to be completed once.

You are well within your rights to ask your accountant to give you the option of using a fully integrated software suite that will add value across your entire business and prevent double entry of data.

And if they say “no” – well, there are plenty more accountants out there and we could even put you in touch with a more forward-thinking one in your area!

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