How Accountants Can Leverage Technology for a Better Tax Season

Make your accountants’ lives easier this tax season with technology

Tax season is back, and accountants are buried in paperwork once again. But fortunately, there’s a way out! Advances in technology have made it easier than ever for accountants to improve their productivity and lighten their workload.

In this blog post, we’ll cover a few ways that accountants can use technology to make their lives easier this tax season.

Top Tech Uses for Accountants

1. Electronic Signatures

The use of electronic signatures is a game changer in the accounting space. Instead of requiring your client to sign in-person – or worse, print the document and scan or photograph it – you can securely gather signatures electronically! This not only saves your team time, but also improves your clients’ experience. An electronic signature can be legally binding and E-SIGN Act-compliant, but always check with your local and industry regulations.

2. Document Management Software

Finance teams can save time by using document management software to keep track of their clients’ documents digitally. They can store, organize, and access their documents from any device at any time! This can ensure that all their documents are available when needed and even reduce the risk of lost paperwork. Cloud-based document management systems can even integrate with top-tier digital forms solutions to streamline all your documents. Whether you send out a digital invoice form or work order, you can automate all your document storage for your clients and your own business.

3. Automated Data Entry

Manually writing, or even typing out, information into tax documents is time-consuming and prone to human error. But with automated data entry, accountants can save time and reduce the amount of effort required to enter information by hand. Automated data software can scan documents, auto-populate the necessary information, and more in a few simple clicks. 

4. Mobile Apps

Mobile apps can be a helpful tool during tax season. Accountants can access information at any time, communicate with clients quickly, and even prepare tax returns from their phone or tablet. This helps finance teams stay connected and productive, even while they’re on-the-go! The convenience of mobile apps for accounting can’t be beat.

5. Virtual Meetings

The 2020 pandemic kicked off the rise of virtual meetings and turned it into the backbone of our lives. Work, school, and even friends used virtual meetings to stay connected. This has carried on to our present day as well. Accountants no longer need to meet their clients in-person and can conduct meetings from anywhere in the world! Finance teams can save time and money once used on travel expenses and meet with their clients virtually at their convenience.

6. Digital Forms

Digital forms are a great way for accountants to gather information quickly and securely. One of the biggest benefits of digital forms is that they can be accessed and completed from anywhere, at any time. Clients can securely fill out their tax returns or financial statements at home, in the office, or even on-the-go! Your finance team can leverage digital forms, like a client intake form, to save time and reduce the risk of lost documents.

Technology for Accountants

Technology is a powerful tool for accountants and finance professionals. By implementing tech, accountants can save time and money previously spent on manual paperwork and filing. Digital forms, mobile apps, and more can help accountants streamline their workflow, reduce human error, and increase efficiency. All in all, technology can help accountants make their lives easier and provide better service towards their clients.

About GoFormz

GoFormz is the digital forms solution that’s redefining how people and businesses collect and process information. With over 100,000 customers in over 150 countries, we’ve helped customers do everything from create digital forms to automate their workflows. We believe that everyone should have access to their forms from anywhere, at any time. That belief set us on a mission to help every customer digitize their forms and modernize how work gets done – all without code.