Collaboration in the new accounting firm
The idea of team work is hardly new—but as technologies evolve, so does the way in which accountants, bookkeepers & planners collaborate in accounting firms.
An approach that worked well enough years ago might not be the best solution today. Communication is becoming faster, systems more powerful and the traditional office is giving way to remote working and dispersed teams.
During my time at Advsor, I've implemented a number of initiatives that fostered collaboration by leveraging new technologies and processes.
How do you make sure your firm is making the most of its collaborative potential? Here are some behaviours that will help make your accounting practice a more collaborative one.
Be more open
Collaboration has to be more open than ever. The cloud is there to enable sharing like never before, but is it being used to its full advantage? A practice that is syncing workflows and sharing all their documents, communication trails, comments, notes on how someone takes their coffee, is a practice that is future-proofing their processes, records and client relationships.
If every account manager can access these records, rather than just a select few, you will remove the need to rely on a colleague or client supplying the information needed when assistance is sought.
Enable flexibility
The way we work together has been impacted by a change in technology. What used to work just a few years back, may be wildly inefficient today.
We edit documents together, in the cloud, in real time, which gets more done faster and this certainly creates more flexibility. Likewise the transparency of a firm’s information can remove massive headaches and result in a more elastic team.
Take onboarding of new staff - in many firms, this task can be dauntingly large, requiring several staff members to focus just on getting the new starters up to speed. In a smaller firm, the resources may not be able to be spared, leaving new recruits floundering in disarray, constantly needing guidance. With immediate access to client information and associated communications in one place, fresh staff will be better equipped sooner, and ready to get straight into adding real value.
It’s important that you revisit both the processes you use in your firm, and the tools that enable these processes, so you can move beyond administration and spend time on the more valuable undertakings.

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