Do your New Year’s resolutions include spending more time with your family, and less time sitting behind your desk? Or maybe you’re currently living the single life, but simply want to live a more balanced, wholesome existence. Whatever your goals are for the coming year, our time and billing software for accountants can help. By automating the tasks below, you can supercharge your workflow, and use the time you save for yourself and those closest to you.
Process Payments Automatically
ImagineTime’s credit card processing software accepts credit cards, debit cards, bank transfers, and e-checks automatically, so both you and your clients can save time when a bill is due. Not only do you save time, you increase your chances of getting paid quickly—when you offer clients the option of paying straight from a link in an email, they’re far more likely to follow through. As an added bonus, once a transaction is complete, our time and billing software automatically records and imports a record of it into your expense folder, so you can easily keep track of who’s paid what and when.
Create Recurring Invoices
If you have clients who retain your same services, and whose bills are always the same amount monthly, quarterly, or annually, you can save time by setting up recurring invoices in our accounting billing software. Simply select an interval of your choice, and the software will automatically send out invoices for you. If your clients sign up for automatic billing, you can make things even faster by automatically and securely charging customer accounts when payments are due.
Automate Your Payment Reminders
Reminding clients to pay their past-due bills may seem like a very small task, but it can actually take up a big chunk of your time, especially if you have a lot of clients. For example, say you have 100 accounting clients, and you spend 5 minutes on each of them. That adds up to 8.3 hours simply sending out payment reminders—more than a whole working day! Instead, ImagineTime’s CPA time and billing software can automatically send out friendly payment reminders to clients who are behind. And, as mentioned above, each client can pay quickly, easily, and even automatically. Leave those awkward and time-consuming emails to your cloud accounting software, and breathe easy!
Automate Your Expenses
If you own your own accounting practice, you’re not just collecting invoices; you’re receiving them, too, from the power company, cable company, phone company, and everyone else. Much like automating your invoices, you can also use our accounting time & billing platform to automatically pay bills that come each month, as well as employee paychecks, if applicable. Your cloud accounting software can be configured to automatically record these payments, so your bookkeeping will be up to date without any effort or remembering necessary.
Track Workflow Inefficiencies
Accountants know better than anyone that time is money. If you want to make sure you’re making the most of your time, you can use our accounting time tracker to record every moment of your workday, and identify areas where you get stuck or slowed down. You’ll also be able to see exactly which clients are consuming the most resources, and whether you’re leaving money on the table for unbilled tasks.
By looking at all the areas in your workflow that can be outsourced, delegated, or automated with cloud accounting software, you will be able to make a drastic difference in your work-life balance. All these little shortcuts to maximize your efficiency can give you more time to take care of your family, your health, and your business. To learn more about ImagineTime’s time and billing tools, click here to request a free demo.