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by Ettean Smit, SmartPractice Director | 25 January 2022
"I hope that in this year to come, you make mistakes. Because if you are making mistakes, then you are making new things, trying new things, learning, living, pushing yourself, changing yourself, changing your world. You’re doing things you’ve never done before, and you’re doing something.” —Neil Gaiman
The transformative potential of our products in the Accounting environment is widely recognized, even while the extent of the practice transformation and effective management of our solutions remain in the hands of our clients, we endeavour to provide whatever support we can to make the growth a reality. Trends towards higher levels of automation promise greater speed and precision of daily operations and reduced exposure to tasks employees may be unmotivated to perform.
New practice management ideas could help overcome the stagnant productivity of recent decades and make way for more value-added activity.
Very few software suites are, however, “full circle”. There is always something somebody needs. These requests are practice specific and very hard to implement because of costs outweighing the benefit to a small group of clients.
During 2022, we are committed to working towards a closed circle. We will investigate the implementation of a workflow system, an engagement letter builder and additional cloud integrations, expanding on our SARS integration and working closely with strategic partners.
The new technologies of the Fourth Industrial Revolution have the potential to transform the global geography of accounting.
What if some day...
The practices of the future are small and mobile?
The best employee is the practice management and related systems?
You can track in real time the performance of every employee?
You can produce at the same cost and quality anywhere in the world?