Chandra Bhansali Co-founder and CEO
How has technology enabled the new generation of client accounting services?
Cloud technology eliminates the limitations of desktop accounting systems that made offering client accounting services a daunting task. The cloud makes close collaboration between accountants and clients possible. This makes offering outsourced accounting services — which is the main service under CAS — easy. Using cloudbased CAS solutions, clients can easily upload invoices, the accountant’s staff can enter them right from their office and send a link to clients to approve those invoices after they have been entered. Real-time access to data enables accountants to manage their clients’ cash flow and KPIs and offer outsourced CFO services easily.
How are you helping firms succeed with CAS?
Accounting solutions created for small businesses and sold directly to them limit accountants’ ability to best serve their clients. Our primary focus is to bring control back to accountants so they can best serve all their clients, including those who want to offload all their accounting work to their accountant. Created exclusively for accountants, our cloud-based Accounting Power is the first true CAS solution. It includes both a powerful professional system and a comprehensive GL system with a streamlined workflow. This breakthrough approach gives you the power and control you need to run a high-volume, high-margin CAS practice.
Accountants have lost control of accounting and payroll — two of their core services— to companies that sell solutions directly to small businesses. AccountantsWorld’s core focus is to bring control of these services back to accountants using the power of the cloud. Our cloud-based professional accounting system, Accounting Power, gives accountants stronger control over client accounting. Our cloud-based payroll system, Payroll Relief, helps accountants offer highly profitable services with virtually no compliance headaches. AccountantsWorld never competes with accountants or sells products or services directly to their clients.