Automate Your Accounting to Make Your Time Count

Where do most accounting teams spend the bulk of their time? You might wish that the answer was that they devoted most of their hours to analyzing, interpreting, and visualizing data for the executive team, so the organization could make smarter, more strategic decisions.

But the reality? According to a recent webinar poll, 71% of participants spend most of their time on the most rote and mundane of tasks: inputting data, assembling data, and verifying data.

It does not have to be that way.

Organizations that automate their accounting functions with best-in-class cloud-based accounting software solutions like Sage Intacct can reduce the hours they spend simply managing data, which frees more hours each day for performing strategic work that adds business value.

Where can you save time?

A recent webinar, hosted by Emily Hill, details 10 specific ways that automating your accounting functions can save you time, reduce errors, and offer other business benefits.

These are among the webinar’s many specific examples of tasks that can be simplified through automation:

Send invoices and reports by email
Receive payments electronically, eliminating paper processing
Automatically post payroll entries to your general ledger
Automate your credit card reconciliation
Set up recurring transactions to pay loans, etc.

Integrations save time

One of the most valuable ways that Sage Intacct’s cloud-based system can save you time is through its streamlined integration process. You can easily integrate Sage Intacct software with a wide variety of popular finance and accounting systems, including Bill.com, Salesforce, and Expensify.

Once your systems are integrated, you can remove redundancies across departments and collaborate more effectively by sharing up-to-date information across systems. In addition, accounting teams no longer have to wait for month-end to obtain accurate data; it’s always available and simple to access.

Sage Intacct offers many more features—including on-demand reports, dashboards, and analytics—that combine to reduce the time accounting teams spend collecting data and increase the time they spend analyzing and acting on it.

Learn more

Insero & Co. is a public accounting firm with decades of experience working with businesses and nonprofits of all sizes. Our experienced experts are available to provide consulting and many other remote services—whatever support your organization needs to achieve growth and success in 2021.

As always, we hope you find our tips and news for businesses valuable, and look forward to receiving your feedback. Companies focused on growth have sought the help of Insero & Co. for more than 40 years. During that time they have consistently experienced the peace of mind that comes from knowing their CPA firm takes the concept of integrity seriously. Should you have any questions about how to automate your accounting, please contact us directly.