Over the last few years, we've had a number of wonderful industry contacts, clients and advisors tell us about their favourite personal and professional books... Books they have recommended that Clarity Street should read in order to develop our skills!
The list is varied and wonderful... oldies and new books. Full of professional, business and personal development topics - areas we all need improvement in.
More than a decade ago, Xero acquired WorkflowMax (WFM) to expand its practice tool offering and help accountants and bookkeepers run their practice seamlessly in the cloud. The launch of Xero Practice Manager (XPM) further realised Xero's early vision for WFM, eventually resulting in two independent products that required individual investments and focus.
However, Xero's current focus is on its XPM strategy, and it has become evident that WFM needs significant investment to meet the evolving expectations of customers. As a result, Xero has made the difficult decision to retire WFM on June 26, 2024. New WFM trials can no longer be initiated, and the product will no longer be available beyond the retirement date. Despite wanting to invest in WFM and offer new features, Xero has decided to prioritise its efforts as a business to meet customer needs.
At Clarity Street, we strive for a best practice approach to practice, and as such, we do our best to keep up to date with all of the latest applications, adjusting our App Stack accordingly.
Our latest App Stack comes with a few new additions that can help improve the operations and effectiveness of your practice. More details below!
The team at Aider know all too well just how time-consuming and tedious some accounting tasks can be – they know that accountants have the expertise to go the extra mile for their clients, they just don’t always have the time.
Aider is designed to help accountants do more than just accounting – with streamlined automation, Aider does the nitty gritty work for accountants, saving them invaluable time which they can refocus on upselling advisory services.
We're super excited that our CEO Amy Holdsworth and Jack Thiel from Early Adopters Hub have been asked to co-host a brand-new podcast - All Aussie Accounting Adventures | Tech edition.
Aly & Andrew, the original founders of the All Aussie Accounting Adventures podcast have recognised the need for a dedicated tech podcast, and we're so excited to be a part of it.
In this podcast, we'll be bringing you conversations about technology in the accounting space. We'll be talking about what currently exists, how you might utilise the technology in your organisation, and what new things are on the horizon.
Listen to the first three episodes below.
Throughout our many conversations with accounting firms, we’ve noticed that one of the most common problems in the industry is accountants not being accountable for their own work, especially when it comes to service level agreements.
So, firstly let’s start off with going through what a service level agreement actually is.
The team at Clarity Street are super excited to be exhibiting at FIVE Xero Roadshows in the next few weeks!
👉 Tuesday, 7 February, GHMBA Stadium, Geelong
👉 Thursday, 9 February, Bunjil Place, Narre Warren
👉 Monday 20 February, Brisbane Convention Centre, Brisbane
👉 Tuesday 21 February, The Star Gold Coast, Gold Coast
👉 Monday 27 February, Hotel Grand Chancellor Hobart
Make sure to stop by our stand and say hello! ✨
For 20 years, Business Fitness have focused on delivering solutions to standardise the compliance process.
Their new product, Active Workpapers, revolutionises the way large accounting firms complete complex accounting jobs with best practice functionality.
In this blog, we discuss the main benefits of using Active Workpapers in your accounting firm.
With so many competing demands facing accountants and bookkeepers at any one time, it's no surprise that firms are looking for ways to improve their productivity and processes.
Emerging technology can be a game-changer when it comes to managing the day-to-day of a firm, something Clayton Wood — business owner and technology evangelist — understood more than most.
“Onboarding clients is a massive pain-point for a lot of firms. It got to the point where I thought, we can’t keep working like this anymore,” said Clayton.
“I had an idea, and had to make it happen, so the Seamlss app came to life.”
Put yourself in your client's shoes. What first comes to mind when you hear the phrase ‘tax audit insurance’? Perhaps you think, “Oh, I’ve never been audited, so there’s no need,” or “I pay my accountant to do their job properly, isn’t that enough?,” or even “Great, more insurance I don’t need…”
Well, what if they heard the phrase ‘insurance that covers the professional costs of responding to reviews, audits, compliance obligations, prompted by the ATO or other governing bodies, for any and all historical tax returns while a policy is in force’? It’s a mouthful, but you would hope it would make them - and you - think more carefully about the possible benefits of such insurance.
Clarity Street was conceived from years of engaging with Accounting firms on a daily basis and a constant desire to make Accounting firms & SME’s more efficient and profitable.