How can your accounting firm use SaaS solutions in 2021?

These resources help you find the SaaS (software as a service) tools that can help your accounting business operate more effectively.

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How can your accounting firm use SaaS solutions in 2021?

Resources

Key quotes:

  • "According to the World Bank report about 1.7 billion adults remain unbanked globally, i.e."
  • "they do not have an account through a mobile money provider or at a financial institution."
  • "People would no longer need to travel far to a financial institution, digital technology could increase the service affordability by driving down the cost of receiving and sending payments."
  • "AI creates change in every area of the financial services industry, including the front, middle and back office."
  • "Integrating financial data and account action with software agents which can hold a conversation with customers is the most promising front office AI application, with the smart virtual assistant market expected to reach up to $19B globally within five years."
  • "Legislators, technology companies, and reputed financial actors, will work together closely to launch new regulatory innovations, but these frequently need time to mature."
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Key quotes:

  • "Though the deadline for filing your taxes may be months away, most small business experts agree: the two best times to get a jump on tax planning are “now” and “all the time.” We know that isn’t always easy for an overworked, enterprising small business owner, but it’s crucial to your company’s growth and success to make tax planning and strategizing a year-round effort."
  • "Some common mistakes or miscalculations business owners might make include: There’s a good reason financial experts say small business owners need to make tax planning a year-round effort: you’ll be better equipped to make smart decisions that help you minimize tax liabilities and you’ll make wiser business choices."
  • "BONUS TIP: do a strategic tax planning session during your 4th quarter since you’ll have a good idea of where the year is going to end up and then implement a strong plan to roll over to the new year."
  • "Whether it’s surviving an audit or finding tax-friendly ways to run your business, tax planning is a year-round event that helps you reduce tax obligations and make paying taxes less, well, taxing!."
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Key quotes:

  • "The flexibility, accessibility, cost-effectiveness and the wide range of features offered by cloud-based SaaS enterprises are luring more and more organizations as each year passes by."
  • "We have done our bit of research and predicted the top 5 SaaS trends that are expected to dominate the 2020s and if you are looking forward to making the 2020s the best decade for your SaaS solutions, you might as well glance through our list."
  • "The start of the millennium saw SaaS companies guided by sales-led growth which was then replaced by market-led growth in the years to follow."
  • "During SaaS 1.0 (sales-led), you would have had your potential customers interact with a salesperson, who in turn would assist them to buy the best product to meet their exact needs."
  • "In the last few years, companies like Zoom and Slack have brought about quite a disruption in the industry by featuring a product-led growth."
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Key quotes:

  • "Is it time for investing in technology to transform digitally? Globally, companies make huge technology investments in new business technology solutions."
  • "Workplace engagement is also highest amongst employees who can work remotely, all thanks to the company for timely investing in technology."
  • "Investing in technology and information security keeps employee and customer data safe from unauthorised access."
  • "Outsourcing assists companies in expert consulting to make the right decisions, match time-line and budget, lowering costs, focusing on, and completing their core business functions."
  • "If you have a limited budget or time and want to stay focused to your business key objectives the best solution is to connect with the right software outsourcing partner."
  • "In simple terms, companies must forge a technology-business bond, a collaboration between top management and technology managers or a business and your software development outsourcing partner at every stage of the decision-making process, thus fortifying the connection between business and tech teams."
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Kelly Customer success at B12

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Mandie Design expert at B12

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Joseph Customer / Founder Collective

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Liam Sales at B12

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Stafford Customer success at B12

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Shane Customer / Spike On The Water

“The B12 website editor is so simple to use. I added a bunch of images, reworked text, linked my products, adjusted form links, and even got an animation flying around my footer. The experience with B12 has been amazing. Building a quality website is now fast and affordable.”

Nikolai
Nikolai Expert at B12

“I use B12’s website editor on a daily basis and I love how easy it is to personalize the style. I’m able to add multiple images, videos, and text in different layouts based on the preference of our customers in just a few hours! It’s been a huge time-saver, given how intuitive the interface is.”

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