Blog-1

Accountants Focus on Advisory Role as they Embrace Tech

As clients’ needs become more difficult to meet, accountants look to move away from the manual burdens such as data entry and collecting information. Undergoing a period of transition, the profession must now offer on-demand services whilst ensuring compliance.

Addressing these issues, T-Tech offers a solution for firms to satisfy both client expectations and comply with new regulations.

In the last year, the tech vendor designed a user-friendly product on the front end, that applies RPA on the back focused on core processes such as personal tax, audit, and compliance – enabling accountants to be more advisory based.

A central issue within the profession remains the idea that clients aren’t providing information in one single package but through multiple formats. By doing so, accountants are constantly struggling to chase up clients, which makes it expensive to process.

Member practices spend on average two hours each on their Personal Tax Returns, according to the ICAEW, in which 70 percent of this time is spent chasing the customer for information and data entry.

Chasing clients for information is a significant manual burden for accountants and time-consuming. With no digital front door in the market available, T-Tech has worked to develop a solution: Practice Gateway.

To continue reading please log in or register

Need to reset your password? Click here

T- Tech

T- Tech

T-Tech
T-Tech is one of the fastest growing IT Consultancy, Support and Cloud Service providers in the UK, serving SMEs in the professional services and accountancy space. T-Tech strive to support firms with the latest advances in technology, whether that be implementing business processes through intelligent automation, or driving solutions such as making tax digital. Their portfolio stretches to implementation and design of cloud services, pro-active IT Support with a 24/7 service desk, high-quality telephony and unified comms solutions, and building out a technology strategy aligned with the business strategy. As award-winning industry specialists, T-Tech demonstrate how their unique solutions continue to add value to their customers. T-Tech aim to help their clients recognise the value in technology, by providing tailored solutions and services, so that they can operate as efficiently as possible. T-Tech ensures that these solutions support customers in their daily operations, as well as in strategies for growth and innovation.