When you think about older intranets, images of ghost towns and tumbleweeds probably come to mind. That’s because these corporate solutions were costly, one-way communication tools—in other words, expensive megaphones.

The role of an auditor is anything but easy with the many audit challenges that come their way. After all, they’re the last line of defense to ensure accuracy and compliance.

Relationships are critical to service-based businesses, and accounting is no different. The work you do and the interactions you have with clients impacts their view of your firm. If something is amiss, it could sour your relationship and cause them to leave your firm for a competitor.

Collaboration is the foundation of business success today. It’s how employees come up with great ideas, stay in touch with their coworkers and managers, and complete important projects. Underpinning modern collaboration efforts is technology, as 83% of professionals depend on it to work together seamlessly.

Many organisations focus heavily on improving their communications and messaging with customers. Such efforts directly affect revenue, so giving customers priority is certainly understandable.

So you’ve landed a new client for your accounting practice and you’re ready to get started. While congratulations are in order, it’s important to do some preparation before rendering your services and sending an invoice. One key step is to create an accounting engagement letter for your client to review and sign.

If you’re like most accountants, there never seems to be enough time in the workweek to address all your clients’ needs, so you often wind up working late—and even over the weekend.

Running a service-based business has a lot of moving parts: sales, marketing, talent acquisition, client retention, and more. But one of the most challenging parts is deciding how to charge for your services—even for accountants, whose work primarily involves financial information.

In a perfect world, all your new accounting clients would know exactly what they’re supposed to do and when, and who to talk to in your firm about certain items. Similarly, you would know who to contact on the client side when you have questions. Everyone would be clear about expectations from both sides.

Collaborating with people outside your organisation can present a challenge. You want to impress your clients and solidify your relationships by keeping projects on track and communicating clearly. And you want to ensure you and your vendors are on the same page by providing up-to-date, accurate information.