The Top 6 Tasks Accountants Should Automate Today

Are tedious manual tasks slowing you down and hindering your progress? We understand the challenges of running a practice, and those mundane tasks floating around only make it that bit more difficult. Thankfully, there’s a solution to this automation.

Automation has revolutionised the way we approach running payroll, receipt collection, and producing year-end accounts for clients. Thanks to automation, these once frustrating tasks have become easier to manage and complete. But with so many solutions out there, it can be difficult to pinpoint where to introduce automation and that’s what we’re here to help with today. Take a look at the 6 manual tasks we advocate every accountant should streamline to discover benefits like improved accuracy and time-saving:

6 tasks every accountant should automate from the get-go

1. Invoicing

Creating and sending invoices does it get much more repetitive? Thankfully, it doesn’t have to be this way. By using an accounting software, you can quickly create, edit, and customise invoices that can be emailed straight from your accounting package. By using Bright’s bookkeeping software as an example, the software also allows you to check if invoices have been paid or not and gives you the option to set up recurring invoices.

2. Payroll services

Say goodbye to the time-consuming task of running payroll with an automated system. Using BrightPay’s cloud payroll software as an example, you can calculate employee wages and manage deductions like pensions and work schemes with ease. Plus, employees can securely access their payslips online through a convenient smartphone app.

3. Receipt collection

Say goodbye to the long evenings and stress of sorting through countless boxes of receipts for MTD IT. BrightCapture, our AI tool for MTD, pulls the data from invoices and receipts and feeds it to our bookkeeping software, BrightBooks.

4. Cash flow forecasting

With increased automation you can gain a greater insight into financial performance and offer value-added reporting services to your clients. Reporting and analysis tools help to assess key performance indicators including cash flow, profitability, and growth. Using a bookkeeping software, your clients can access user-friendly reports through the software itself and view the key figures through professionally displayed dashboards.

5. Payments

Say goodbye to late payments with the power of automation. An online payment services makes collecting recurring direct debit payments a breeze, freeing up your staff to focus on more pressing matters. With less time spent on debt collection and cash flow improvement, your firm can thrive like never before.

6. Practice management

With the daily tasks of running your practice, it’s easy to get bogged down in administrative tasks, client onboarding, and recurring emails. Fortunately, there’s a solution! Practice management software, such as BrightManager, can help you automate these tasks and streamline your practice. With BrightManager, you can assign tasks to your team, track project timelines, set deadlines, automate emails, enhance client onboarding, and more.

Just know, we know how difficult it can be to choose the right tools…let alone how daunting it is to shake things up with new processes. But trust us, it’s a step you’ll wish you took sooner. Our advice? Take advantage of free demos and trials to gain a sneak peek and make sure it’s the right fit for your practice – before making the financial commitment.

To start (and hopefully conclude) your search for the automation-leveraging tools we’ve covered in this blog, why not look at Bright’s solutions?

This content may have been developed with the assistance of AI tools. Content is reviewed by a member of the Bright team before publication. Guidance on legislation can be obtained from your industry body.