On Wednesday, June 27, we had the pleasure of partnering with Intuit QuickBooks and Plooto to host our ‘Hours to Minutes’ event! This half-day event brought together accountants and bookkeepers in the Toronto area to network and discuss ways to increase practice efficiency.
We had a ton of fun connecting with the accounting and bookkeeping community and sharing our insights on the power of cloud accounting technology. Watch the short video below and read on to learn more about #HoursToMinutes, as well as to get some of the savvy tips that were shared at the event!
Hours to minutes IRL: insights from our panel of cloud pros
Cloud technology is radically changing how bookkeeping is done. In fact, it's essentially flipping the script on your allocation of time.
Administrative tasks that used to take hours (such as document collection, bill pay, and bank reconciliation) now take only minutes to complete. As a result, you're able to spend more time on strategic tasks, such as business advisory.
Using #cloudtechnology enables you to spend MINUTES completing administrative tasks (like document collection and data entry) and HOURS focussing on higher value creating activities (like advisory and strengthening client relationships) #HoursToMinutes pic.twitter.com/I1H1kcgyvV— Hubdoc (@Hubdoc) June 27, 2018
However, adapting your practice to this type of business model can be challenging. Even though many firms use cloud accounting technology, everyone does it a little differently. There’s a lot we can learn from each other – and who better to learn from than some of the best in the biz?
The event kicked off with a panel discussion led by Intuit’s Matt Kanas, featuring cloud accounting experts who have experienced the benefits of cloud accounting technology first-hand.
Jennifer Bauldic of Jetstream Administration Inc., Jas Saran of Virtuous Bookkeeping, and Carrie Mulrooney of Mulrooney & Associates Incorporated chatted about how they select, implement, and leverage cloud accounting technology, as well as how the cloud has enabled them to adopt new business models.
It was awesome to hear their success stories and learn how they were able to overcome some of the challenges faced by modern accounting and bookkeeping practices. Thank you Jennifer, Jas, and Carrie!
Deep dive: saving time on document collection, bill pay & bank reconciliation
After the panel discussion and a short networking break, Hubdoc’s Director of Marketing (and former interim bookkeeper), Geoffrey Gualano, took to the stage to provide insight into how to tackle three of the most traditionally laborious bookkeeping workflows: document collection, bill pay, and bank reconciliation.
Flip through Geoff’s slides below to learn more about the Hubdoc + Plooto + QuickBooks Online workflow!
Check out the following resources for more ways to save time on document collection, bill pay, and bank reconciliation:
- Hours to Minutes: How to Save Time in Your Bookkeeping Workflow [Free Guide]
- How to Achieve Automated Bank Reconciliation with Hubdoc & QuickBooks Online [Webinar Recording]
- Plooto Overview [Short Video]
Thank you (and see you next time)!
We couldn’t agree more with Bill Kennedy’s tweet (above). We’re so grateful to be able to connect and collaborate with the community. If you were able to make it out to Hours to Minutes, thank you for attending! We’d also like to extend a huge thank you to Intuit QuickBooks and Plooto for making this event possible.
If you were unable to attend, we’ll see you next time – we’re already ramping up and getting ready to host similar events in the future (hopefully in a city near you)!
THANK YOU! ❤️
Learn how to save time on bookkeeping tasks such as document collection, bill pay, and bank reconciliation! Download our free Hours to Minutes guide.
About the AuthorVisit Website More Content by Victoria Hoffman