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E-Myth – “Why most small businesses don’t work & what to do about it”

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Edmonton Small Business Accountant | Why Accounting Firms Need To Embrace Technology


The reason why many Edmonton small business accountant offices need to embrace technology is because as Jim Collins put it, ìtechnology is important. You cannot remain a laggard and hope to be great.î Accounting firms that do not embrace technology to be getting left behind, as accountants that choose to update their technology, are able to service their clients better and faster than ever before. The accountants at Spurrell and Associates have embraced world-class workstations in their office, not only to help train top level accountants but also to spend less time on tasks and more time helping their clients.

The reason why it is so important for Edmonton small business accountant offices to embrace technology to become efficient is so that it can help them ensure that their clients are getting the information they need. However, many typical accounting firms choose not to increase their efficiencies because they charge their clients in hourly rate. Therefore the longer it takes them to complete a task, the more they are able to charge. However, at Spurrell and Associates, they charge their clients one flat fee every month regardless of how much accounting needs to get done. Therefore, they are incredibly motivated to be extremely efficient.

The way these smart workstations are set up, is so that their accountants can work in teams. This team approach is extremely important, so it can ensure that every client has more than one person looking at their file at any given time. This helps minimize errors and protects the client as well as the accountant, but what it actually does for the client, is ensure that no matter if there is an accountant that goes on vacation, calls in sick or who no longer works at the firm, their file never misses anything. They will still have a team that is already familiar with their file. This team approach can ensure that Spurrell and Associates is hiring great accounting students, with a variety of experience levels,. This employment of students can help entrepreneurs get the service that they require, at an inexpensive rate. If this Edmonton small business accountant office only employed high-level accountants, they would have to charge a much higher rate. By allowing students to complete their accounting degree in office, they can keep their costs low while keeping the service to their clients extremely high.

By embracing technology, and changing the way they do their business, entrepreneurs can ensure that they are getting the best services they can, not only for one monthly fee, but that monthly fee can allow them to plan to pay for their services and therefore be able to budget for it and help them manage their business finances. This is extremely important, so when entrepreneurs are shopping around for the best Edmonton small business accountant, they should look for those firms that embrace technology and employee monthly billing in their business for their clients.

when entrepreneurs are looking for the best Edmonton small business accountant to work for them in their business, they should look for accounting firms that utilize technology in their business. The reason why the use of technologies important, because utilizing technology efficiently can significantly help all businesses not just accountants. By finding and accounting firm that embraces technology, entrepreneurs can be certain that they are doing everything that they can to increase the efficiencies while servicing their clients very well.

One of the ways that Edmonton small business accountant can maximize the efficiencies by utilizing technology, is by creating world-class workstations. These workstations can allow teams of accountants to work on files these workstations can allow great collaborations to happen with and accounting teams. They also ensure that they have three computer monitors per desk because studies have been done to show how efficient accountants can be with multiple monitors. Since there are three critical components in accounting, three monitors it extremely beneficial. Accountants should hire Edmonton small business accountant offices that use three monitors.

While many Edmonton small business accountant offices are moving towards working on a cloud-based system, spiral and Associates utilize computers with extremely large hard drives. Each workstation has a to terabyte hard drive, that has a solid core hard drive with no core to allow it not only to process large amounts of information but to do so very quickly. This means that accountants can work on files extremely efficiently. While on their accounting firms underplayed about increasing their efficiencies so they can bill a higher rate per client, the accountants here at Spurrell and Associates are ensuring that they are working as efficiently as possible.

Another reason why the Edmonton small business accountant office of several and Associates is extremely efficient does not only do they have three different computer monitors per desk, computer monitors are extremely large at 42 inches, and have an extremely high resolution. The reason why high-resolution computer monitor is important is that will allow accountants to be able to have very detailed numbers on the screen, while being able to read them very easily. A lower resolution monitor when the of the have as detailed information as small as it needs to be in order to be useful.

By embracing technology, the Edmonton small business accountant firm of several and Associates can ensure that they are working as efficiently as possible for their entrepreneurs, so that they can use the information to grow their business. Another way that they can help keep their costs down, is by training CPA students, by utilizing the collaborative workstations. This can allow Spurrell and Associates to keep their prices minimized, while training accountants. The collaborative workstation will allow chartered professional accountant or a manager to sit in the middle, to allow them to review the files that they are working on, oversee client meetings and help them train their staff. Students who have completed their CPA program have an extremely high level of knowledge, they just need to complete their articling, which they can do very easily with these collaborative workstations at Spurrell and Associates.