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6 Ways Cloud Can Increase Your Billable Hours In Tax Season 2020

Cloud technology helps you achieve all your goals minimizing the tax season stress. Here is a brief detail of the features cloud provides.

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6 Ways Cloud Can Increase Your Billable Hours In Tax Season 2020

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  1. 6 Ways Cloud Can Increase Your Billable Hours In Tax Season 2020

  2. For any accounting firm, the number of hours being charged for the services provided is of the utmost importance to make profits. And, to keep themselves ahead in the competition, accounting and tax professionals try finding new methods on how they can improve their efficiency to increase firms' billable hours.

  3. During tax season, it becomes more challenging to track billable hours due to the increase in the number of tax returns. One of the ways to increase billable hours without increasing the total work hours is by adopting Cloud Technology for managing accounting and tax processes. Let's have a look at how cloud helps increase billable hours.

  4. Work On The Go ANYWHERE, ANYTIME ACCESS Now that accountants can access their applications and tax data from anywhere, they get more time to provide services to the clients that helps in increasing the number of billable hours of the firm.

  5. High Availability MINIMUM DOWNTIME Cloud technology ensures all hosted tax applications and data is always functional, and accessible in any case. Thus, making sure that the unavailability of the application do not hinder the productivity and billable hours of the firm.

  6. Integration INCORPORATING ADD-ONS To save time, accountants need to import tax data from various applications. For example, there is a need to connect QuickBooks with tax software, such as Lacerte, to import multiple services for better tax filing. Cloud hosting allows easy add-on integration, thus increasing the number of billable hours.

  7. Collaboration USER-CLIENT CO-ORDINATION Cloud makes it possible for accountants and clients to access and edit a file at the same time, even if they are based at multiple geographical locations. It cuts down the e-mail chain required for collecting tax data, and thus, adding to the productivity.

  8. Support ROUND-THE-CLOCK AVAILABILITY With cloud, there is no need for accountants to spend their time on IT issues such as checking and installing updates, maintaining data backup, etc. The cloud service provider provides technical support, ensuring applications run smoothly. Thus, accounting professionals can use this time for filing more tax returns.

  9. Monitoring TRACK PERFORMANCES Cloud allows transparency of processes among accountants and clients, which makes performance tracking easier. Also, the calculation of time devoted to a client to deduce the number of billable hours becomes more efficient.

  10. Additional Note No doubt, cloud technology improves the workflow of tax firms. But, there is one thing of utmost importance, i.e., choosing a cloud service provider. So, make sure to go with the provider with the best services, especially super-fast servers, advanced security, and a 99.999% uptime guarantee.

  11. ABOUT US Ace Cloud Hosting is an award-winning hosting provider renowned for accounting application hosting, managed servers, and DaaS services for accountants and tax professionals. Ace Cloud Hosting won K2 Enterprise Quality Award 2019 for Best Customer Satisfaction category. To know more please visit: or Call our Solutions Consultant at: 1-855-ACE-IT-UP accounting application hosting www.acecloudhosting.com

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  13. REFERENCES 6 Reasons You Should Move Your Accounting Desktop Software To Cloud - Ace Cloud Hosting How To Improve Workflow In Your Accounting Firm? - Ace Cloud Hosting IMAGE CREDITS Shutterstock

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