Accounting firms rely on software and web apps now more than ever. As clients increasingly demand digital collaboration and innovative fintech solutions, having the right tech stack bolsters service quality and efficiency.
However, navigating the growing landscape of accounting SaaS products can feel overwhelming. That’s why I curated this list of my top recommended platforms that no modern firm should operate without in 2024.
Rocket Statements - Bank Statement Converter
A major pain point is handling client bank statement processing across fragmented portals and formats. That’s why I recommend any firm adopt Rocket Statements, the leading intelligent bank statement converter. Rocket Statements connects to over thousands of global banks to automatically download transaction data. Whether PDF, CSV, or Excel reports, Rocket Statements converts everything into QuickBooks desktop or online files with just a few clicks. This eliminates clunky manual conversion and data entry for us while giving clients clean books all year.
FloQast - Fast and Accurate Closes
Another pain point for controllers and accountants alike is inefficient financial closes. FloQast provides specialized software to optimize the entire close process using built-in automation, reconciliation tools and reporting. By managing close checklists and task workflows, FloQast reduces bottlenecks and ensures all procedures are completed accurately and on time. Having full visibility into closure progress helps teams continuously improve.
QuickBooks Online - Robust Small Biz Accounting
With its intuitive interface, affordable pricing and non-stop improvements, QuickBooks Online remains the premier cloud accounting platform, especially for SMB clients. From financial reporting to payables/receivables tracking, QBO handles the lion’s share of general accounting work so firms can focus on more strategic initiatives.
CaseWare - Next-Gen Audit & Assurance
As regulatory demands and auditing complexity increases across sectors, reliance on dedicated audit software becomes more pivotal. CaseWare enables in-depth risk and compliance tracking, automated workflow procedures, and iron-clad documentation across assurance engagements. The ability for distributed teams to collaborate on testing while ensuring consistency and quality control is essential for growth-focused firms. CaseWare pairs perfectly with QuickBooks and other systems to provide full scope visibility.
FastSpring - Optimized SaaS Monetization
Many accounting firms are launching their own SaaS advisory products. FastSpring provides the ultimate checkout, subscriptions and licensed-based monetization engine to convert and retain users. Robust global payments, taxes management and 360-customer visibility make FastSpring the perfect revenue engine.
Level Up Your Practice in 2024
The innovation wave in finance software shows no signs of slowing down. As technology-enabled solutions become more capable and robust across previously manual sub-domains, the nature of accounting continues evolving. By embracing this new generation of SaaS platforms built for the intricacies of accounting, auditing and financial management, practitioners can maximize productivity and offerings. Using these tools can help your firm confidently step into the future. Transform productivity and cement competitive differentiation in 2024 with the right fintech stack.
