Most industries are taking the steps to provide customers with modern solutions and more responsive customer service, given the fluid current times we find ourselves in; but accounting firms are falling behind.
The majority still use outdated technologies and methods that can’t keep up with modern business practices and financial regulations. They lack clear channels of communication and are slow to respond to queries. The Business Boutique challenges the notion that accountants are stubborn and unwilling to bring the profession into the 21st century.
Celeste and her team use a variety of new programmes and technologies to provide cutting-edge services to their clients. One of these tools, Sage Accounting Software, allows companies to go paperless and manage all their accounting functions from a single dashboard. Whereas old-fashioned accounting firms might require you to keep hard copies of every receipt, invoice, and payroll slip associated with your business’s cashflow, Sage Accounting records and organises all that data for you.
The interactive dashboard allows you to gain valuable insight about your business’s expenses and revenue, and so much more. The Business Boutique excel at setting up Sage accounts for their clients and they provide comprehensive training to make sure you get the most out of the features the platform has to offer.
A further huge advantage that Celeste sees immense value in is the fact that Sage Accounting fully integrates with AutoEntry.
Your suppliers may provide you with paper receipts or invoices, but you can easily import them into the Sage Business Cloud using AutoEntry. Instead of forcing you to enter information from paperwork manually, AutoEntry automatically scans the information in for you.
Apart from being time-consuming and tedious, manual entry opens the door to human error. Automated software doesn’t make mistakes, saving you money, lost clients, and professional embarrassment. Getting accurate information for use in your financials to your accountant, quickly helps you quickly spot any concerning patterns and allows for immediate, if not crucial changes to be made.
Furthermore, to this, the Business Boutique makes use of Syft, an analytics tool. The powerful software is that it helps you chart your company’s financial trajectory and make informed decisions. It reviews and analyses your financial data, then generates both simple reports on your current situation and integrates forecasts about where you are heading.
Syft provides real-time oversight of every function of your business and relies on commanding Artificial Intelligence technologies to identify and reconcile any anomalies in your data. Don’t despair, Syft is easy to learn and incredibly user friendly, and most importantly, highly secure ensuring that financial data secure.
Progressive Accounting is not the only advantage that makes the Business Boutique stand out from other accounting firms, but the ethos of Client – Centricity.
The Business Boutique employs a uniquely client-centered business model. A major problem Celeste identified in other accounting practices was their impersonal way of dealing with clients. Failure to communicate properly and timeously, and the one size fits all approach, often results in a business not reaching their full potential.
At the Business Boutique, individualised accounting solutions are offered based on clients’ needs and personalities. Celeste and her team build personal connections with each individual client and their business. The Business Boutique does not just handle bookkeeping for their clients, but also provides hands on training and consulting in best practices and accounting software. They don’t just provide exceptional service—they actively work with clients to grow their businesses. It’s a one-of-a-kind, holistic accounting experience that you just don’t get at traditional firms.