Sure, your company’s new tax software gets the job done, but you know there’s always space for improvement.
Tax season can be stressful and chaotic, but removing time-consuming processes and streamlining and automating the tax workflow can be revolutionary for you and your team.
Furthermore, you’ve discovered a new software solution that you believe will provide your company with all of the powerful, time-saving capabilities it needs to operate more efficiently.
Then there’s a pause: any upfront cost and onboarding necessitate careful deliberation in the boardroom. It’s no different when it comes to implementing a new software solution. So, how can you encourage your boss to join you?
Outline Efficiency and Potential For Expansion
Finally, all new tax software produces the same result: a finished client tax return on an IRS-approved form. The journey is the game-changer—how you arrive at that final product and what efficiencies you achieve along the route.
Document all of the challenges you and your team face during tax season. Why? There’s a strong possibility you won’t recall all of the workflow bottlenecks and inefficiencies you faced once tax season is done. Keeping a log as you go through tax season can be a simple and effective technique to guarantee that nothing is forgotten.
Documenting your challenges can also help you describe the most important benefits a new tax compliance software for tax preparers can provide for your company. It can help you convince your boss that change is necessary.
Benefits could include how the new software will save staff time and remove manual, duplicate work, increase cooperation between staff and clients, and assist the firm in uncovering higher-margin growth prospects.
Calculate The Cost-Benefit Ratio
Consider how much your company could save if it implemented software for tax preparers to help your boss understand why it is a must-have for your company.
To begin with, remember that time is money. Automating what would otherwise be time-consuming manual activities, such as data re-keying, is a significant cost-cutting measure.
Furthermore, comprehensive data exchange capabilities and connections with third-party sources can aid in the streamlining, efficiency, and accuracy of processes. This means that employees will have more time to devote to higher-value, revenue-generating initiatives.
It’s also worth noting that putting in place effective tax tools and resources might assist your company in better attracting and retaining employees. Employee turnover is not only pricey, but it can also affect morale. Staffing has long been a source of concern for many businesses, and it remains so in the wake of the “Great Resignation.”
Create A Strategy For Implementing The New Technology
Change can be frightening. Provide some suggestions for when and how to implement the program with the least amount of interruption to your boss’s worries.
To begin, assemble a group of important stakeholders who can participate in decision-making and study the difficulties and bottlenecks that need to be solved and assess how the new tax software solution may assist.
If all parties decide to move forward with the new solution, it is best to start the process as soon as possible once tax season ends so that implementation may be phased in throughout the summer.
Then start using the new solution and becoming familiar with it by processing several extension tax returns. This is a wonderful strategy to ramp up during the summer and hit the ground running when tax season arrives.
Support Your Tech Adoption Business Case Even More
You can strengthen your case by utilizing resources given by the solutions supplier once you’ve detailed the benefits and cost reductions that new tax compliance software can provide.
Obtain testimonials and chat with other businesses that have utilized the solution to learn from their experiences. Where did they succeed? Where did they have problems? How did they put the solution into action?
It’s also crucial to keep in mind that each company is unique. As a result, it’s critical to engage with a solutions provider who is adaptable and can design an implementation package to your company’s specific requirements.
Conclusion
Are you ready to go on the path to improved tax software? Use the powerful, time-saving tools available with the best professional tax software to automate your whole business or professional tax preparation.
Keystone Tax Solutions provides the best professional tax software for tax preparers to help enhance accuracy and streamline the process. Request a free demo right now!
