Practice Development News
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July 2006  
 

 
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NeatReceipts...Manage your mess!
In the last PDN we discussed NeatReceipts and the many benefits it has for accountants and business owners. In fact, NeatReceipts is a great personal document management solution as well! Its uses are beneficial for the office and at home. If you haven't learned about NeatReceipts yet, we urge you to. It is an affordable solution with priceless benefits.

e-Accounting is still offering our special pricing for the NeatReceipts Scanalizer. Only $179.00! This offer will only be good until August 31st, so take a look now.






 
   

Outsource Considerations for Small Business

Recently, Gartner Research Group projected that the IT service market will grow to $760 billion by 2009, with more IT services purchased as part of an outsourcing arrangement than on a one-off project basis. In an independent market analysis, the Everest Research Institute recorded a 40 percent growth in global finance and accounting outsourcing in 2006. What does this mean for accountants and SMBs? Generally speaking, it means that BPO (business process outsourcing) has gained a firm hold as a fundamental asset in today’s business.

 

Outsourcing plays an important role in small business because it allows an organization to focus on its core operations and the activities that generate revenue. Within the typical small business, a substantial amount of time is spent handling non-strategic tasks, such as bookkeeping or computer network maintenance. It’s no surprise though, considering a business could not exist without these basic components. The good news is that there are solutions out there that can alleviate some of the stress of handling these tasks.

 

Quality outsourcers use a combination of efficient tools and low-cost labor to help automate and streamline an organization’s processes. It is their competency to improve current business methods by applying technology and structured business processes that an organization either lacks or has not taken full advantage of.



The e-Accounting model has done more than act as a bridge for accountants and their clients, it has created the means for bookkeeping outsourcers to offer their services in real-time as well. e- Accounting has enabled outsourcing firms like Accountiviti to offer their services anytime, anywhere to clients using ASP technology and IT infrastructure that supports real-time data access. With e-Accounting’s hosted Windows desktop, accountants and their clients are able share data and work in the same files simultaneously. This allows outsourcers to provide their services to clients more effectively.

Accountiviti is one outsourcer that knows the value of e-Accounting and has adopted it into their business model. As a bookkeeping outsourcer, they know the importance of having real-time data accessibility for their clients. Using e-Accounting’s Virtual Desktop, Accountiviti can share data with clients and have the functionality of a Microsoft Windows Desktop and all of the necessary Windows applications.

The following testimonial is from an actual Accountiviti client;

Accountiviti Inc. has been handling the daily general accounting and bookkeeping services for our organization since 1996. They handle our accounting needs which include accounts payable, accounts receivable, payroll, bank reconciliation and monthly closing with financial reports.

Two years ago they introduced us to an online accounting system which would not only save us money but would allow us to access our accounting data from anywhere, anytime in the world. It also provided us with access to the MS office applications we needed. This service was the Virtual Desktop provided by e-Accounting.


e-Accounting was discussed in the June issue of Novell Cool Solutions, which is a publication for the Open Source giant. Because e-Accounting enables not only Windows users, but also Mac and LINUX, the services work well for those who use open source and alternative software solutions.

Novell says: "Virtual Desktops are easy to use and affordable, requiring no big initial investment. Your service can be installed in a fraction of the time that a traditional network takes, without all the mystery. If you already have Internet access in your business ... then you're 95 percent installed!"
 

 
   
 
practice development news | 2006