Accountants Apps for Every Professional

  • FloQast
  • Karbon
  • Dropbox
  • powerOne Finance Calculator
  • Zapier

Whether working for a large accounting firm or as a consultant, accountants complete a variety of different tasks including bookkeeping, filing taxes, and portfolio management, all of which can be streamlined by new apps for accountants. As Forbes reports, this industry already has changed and is projected to continue to evolve with the development of more advanced technology. While some accountants feel threatened by automation and machine learning, many professionals are using this technology to become more efficient and specialized. Some beneficial accounting apps include the following.

1. FloQast

This app is great for small or medium-sized businesses with smaller accounting departments because it helps organize all necessary tasks. It lets everyone on the team see upcoming deadlines, open tasks, and employee assignments. The program also provides scripting for automation of certain processes that happen on a regularly scheduled basis. There is also a platform for progress notes among team members and automatically updated spreadsheets and reports. Extra features are included that ensure the security of information and automatic preparation for internal or external audits.

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2. Karbon

Karbon is another great app for accountants and is primarily used by accounting firms to help manage different teams and clients. Managers have the ability to add tasks, assign them to certain employees, and set and change the priority of these tasks on a daily basis. The program also helps automate more mundane calculations and processes so that the accountants can do more analytical and skilled work. There is even an option for client involvement, allowing them to view completed jobs and reports and then add comments.

3. Dropbox

This program is used in many different industries and is an efficient method of sharing documents between clients and customers. One of the most important features of Dropbox and why it is a popular app among accountants is the built-in security and encryption precautions. This app integrates seamlessly with Microsoft Office programs and is an easy way to safely share and store files. Each file in a company’s Dropbox can have different permissions, only allowing certain people to see it, and most of the plans offer unlimited data storage.

4. powerOne Finance Calculator

The Pro version of the powerOne Finance Calculator is a must-have for both accounting professionals and students. This calculator contains equations and worksheets for a variety of useful calculations in the areas of business and finance including those involving real estate and mortgages, investments and portfolio management, and even currency conversions. The app also includes industry-specific information for accountants in the healthcare, technology, and construction/building fields. Accounting students take a variety of classes to determine where their particular talents and interest lie which makes this a great app for them, too.

5. Zapier

Zapier is an app for accountants that basically trains technology to do a more efficient and personalized job. One of the main features of the program is that it can help data flow between different programs even if the connectivity is not built into the programs. It also can automate processes like copying and moving emails to archives or filing reports and receipts submitted by clients.

While some professionals are worried that machines will take over their jobs, technology helps drive innovation, so these accountants will just have to adapt to different roles. Accounting apps allow them to do less repetitive computing and bookkeeping and spend more time doing analytical and higher-level work, things computers cannot do.