Why does the accounting industry see software as a cost rather than an investment?

When you have a car, you need fuel to get from point A to point B.
 
As an accounting firm, you need software so you can complete your clients' work, they remain compliant and ultimately, you can get paid.

However, is the software you're currently using the right option for your firm? Or is it time to look at new software that will help your business grow?
 
Many people in the accounting industry struggle with the concept of spending and investing into their business. It’s important to remember that when you’re investing in new software, it shouldn’t be seen as a cost, but rather an investment into the future growth of your business.

As Red Adair once said, ‘If you think it's expensive to hire a professional to do the job, wait until you hire an amateur’.
 
Many accountants often search for the cheapest prices when it comes to choosing or implementing software. However, it’s not about the cheapest price, it’s about the the best option for you and your business.
 
Accountants need to start looking at software implementation in a more holistic way.
 
The focus isn’t about implementing just one app anymore. It’s about implementing a whole group of apps that work together seamlessly to help you do your jobs more effectively, and as a result help you grow your business.
 
Clarity Street (and other app implementation consultants) have a look at your entire business, whereas an individual software provider only looks at their application. We provide you with suggestions on what apps work best for your firm, holistically understanding the intricacies of how they all interact with each other.

There are many cloud software options available on the market, and understanding the nuances of all of them is important, so you can guarantee you end up with software options that are the perfect fit for your business.

So, rather than spending hours trying to find the best software options out there, why not concentrate on the things you know well (like helping your clients), and let the consultants concentrate on the things they’re good at?

We can do a little or a lot, a few apps or all of them, but if you don't have time and realise your value is in servicing your clients and being their expert, not implementing software that we're the experts in, book a meeting to have a chat with us.

© Clarity Street 2022