We live in a time where every industry is in constant transition following the pandemic, with thousands of businesses adopting new technologies and practices to ensure continuity. For instance, before March 2020, most employers frowned upon the idea of remote work.
Flash forward to 2021, work from anywhere is rapidly becoming mainstream, especially in the management, service, and IT industry thanks to cloud computing, video-conferencing, and enhanced Cybersecurity solutions.
Tax management has also undergone major transformations in the last few years with the introduction of software designed to digitize processes, such as income tax filing, reporting, and other administrative tasks.
Unfortunately, most solutions in the market are now outdated and unable to fully meet the demands of modern tech-savvy certified tax professionals (CPAs) that require automated tax workflows, customizable dashboards, intelligent analytics, and seamless integration with third-party software.
This is where AccountantWS, a cloud-based practice management software for tax professionals, comes in to offer massive advantages over traditional, outdated platforms and empower users to optimize and streamline all their processes.

How? Read on to learn what AccountantWS is and the six major benefits of opting for this game-changing solution.

What is AccountantWS?

AccountantWS is an all-in-one practice management software for CPAs, bookkeepers, and tax management services. It is an integrated hub that encompasses all the tools and third-party applications. Administrators use these tools to manage clients and their financial and legal documents/processes.
The purpose of this software is to develop a centralized platform that provides all required solutions. This capability eliminates the need to rely on multiple software; thus, making life easier for both clients and administrators.

6 Exciting Benefits of Switching to AccountantWS

Like most traditional tax management platforms, AccountantWS encompasses all the essential features you’d expect to find, such as an interactive dashboard or portal, workflow, analytics, transactions, files and document storage, and CRM. However, it also packs some innovative features that give it an edge over most solutions in the market. Here are the six main benefits of opting for AccountantWS:

1. Autogenerated Tax Flow

One of the most recurring issues CPAs and tax consultants face is creating tasks by manually uploading, organizing, and preparing client documents for processing. Imagine doing this for hundreds of clients – it is incredibly frustrating, time-consuming, inefficient, and prone to errors that lead to delays or other unfortunate consequences.
AccountantWS is the only platform in the market that offers autogenerated tax flow. This feature automatically creates tasks when a client uploads their document for a specific tax year for individual or business tax filing. Therefore, using AccountantWS improves efficiency by reducing the steps required from the upload stage to process initiation.

2. Recurring Automated Tasks

nother unique and powerful feature AccountantWS includes is automatic task creation and notification for bookkeeping, payroll, or other custom events. The purpose of this feature is to ensure CPAs never miss any deadlines. In the tax industry, this can make a huge difference considering the immense penalties clients incur upon delays and missing deadlines.

3. Self-Organized Document Management

Using this cloud-based software, clients can upload their business or personal documents from anywhere. These documents are organized logically for both the CPAs at the tax office as well as the end-users/clients. As a result, every task or project has a dedicated document section that not only eliminates clutter but also minimizes the time-consuming process of manually creating folders and organizing files inside them.

4. Built-In Review Mechanism

Imagine a client uploading multiple documents simultaneously. It may not seem like a CPA would have any issues tracking a few documents, but they do. It isn’t a problem tracking documents for a single client, but hundreds of clients doing the same changes the scale of the problem.
This influx of trackless, unorganized, and often duplicated information can be overwhelming and logistically difficult for tax professionals to track and authenticate. AccountantWS allows users to leave breadcrumbs at every step of the process.
It comes with a built-in review mechanism that tracks all the documents coming in and notifies every stakeholder of the workflow on the interactive CPA dashboard. The platform also features comprehensive year-wise client tax file tracking, which displays an analytical summary with tax filing status, pending processes, and workload distributions.

5. Seamless Website Integration

If you have an existing tax management website or solution, you can integrate it with AccountantWS and optimize your client experience while retaining your search engine optimization (SEO) ratings and rankings. The cloud-based solution also allows users to generate and use personal web links to Facebook, Twitter, and other social media channels. For branding, you can place your logo on the software as AccountantWS offers white labeling.

6. Complete Paperless Workflow

For tax consultants and preparers, working remotely is the new normal. AccountantWS is the only solution that can fully enable a paperless service. Using the platform, you can digitize every process from signatures to payment, task management, scheduling, marketing, and communication through third-party integrations with powerful and secure APIs. So, whether you’re looking to include eSignature or a payment gateway, the platform has everything you need to create a digital workplace.

Try AccountantWS Today

At Accountant Workspace Inc., we don’t believe in incremental changes and radical development. Instead, we aim to transform the practice management industry with our one-of-a-kind solution. Using AccountantWS, you can digitize, automate, and streamline all your processes and workflow to maximize efficiency and results.
So, whether you’re looking for a solution that will help you go paperless or enable seamless integration with third-party applications, this cloud-based practice management software has everything a modern CPA or tax consultant needs.