Running a tax or accounting office today means much more than just "keeping accounts". It means dealing with document logistics, archiving problems, transcription errors and pressures on processing speed. Anyone who wants to manage their business effectively and keep up with the times these days must look for a solution. And that is the digitalization of accounting. How can you get started practically and painlessly?
When files are overflowing or is it not time for a change?
Taking responsibility for dozens or hundreds of clients in an accounting firm means ensuring accuracy, speed and transparency. But it’s not possible without tools – especially when documents are collected via email, post or even having to go to the client to collect them. Delays, the need for physical presence, retyping and errors are a daily reality.
Moreover, accountants are not robots, yet many of them still do work that a machine could easily do – transcribing documents and printing stacks of invoices for archiving. The accounting profession still has a reputation for boring, routine work. But that's not fair. After all, a modern accounting firm in the 21st century should be much more of a partner who helps companies navigate the numbers, advises, analyzes and plans.
The tax and accounting office Meitnerová daně + účto sro also reached a breaking point. Due to the amount of paper documents, it had to constantly expand its office and personally collect them from clients. Physical archiving was becoming increasingly demanding, errors were occurring, and the team's workload was growing.
Accounting firms: What hurts them the most today?
Based on a detailed case study by the Meitnerová Tax and Accounting Office and other data, several recurring themes emerge that plague accounting offices and agencies, primarily:
Paper archiving is a nightmare
The law allows for electronic preservation, but many companies still print. Why? Habit, uncertainty, distrust in technology. And the result? Full basements, overflowing shelves and high costs for ever-swelling archive space.
Handwriting as machine work
Up to 50% of errors are made by temporary workers when manually rewriting invoices. Even an experienced accountant has a 2% error rate in this monotonous task. And each error means extra time - for correction, checking and unpleasant explanations.
How will digitalization help with this?
Digitization is not just about converting an invoice to PDF. Modern tools like iNVOiCE FLOW automate the entire cycle:
- The invoice arrives by email, from portals, by post or as a photo from a mobile phone and is loaded directly into the system.
- Key data (supplier, amount, due date) is automatically loaded.
- Approved invoices are prepared for posting and automatically archived – according to the legal deadline and with an additional one-year reserve. Everything is easily searchable by supplier, order, branch or license plate.
And the results? iNVOiCE FLOW enabled Hana Meitnerová's tax and accounting office to go paperless, which not only eliminated the need for physical archiving, but also significantly accelerated the entire document processing process. At the same time, the overall efficiency of the office increased.
- Document processing is now a quarter faster
- The error rate has been significantly reduced, mainly due to the elimination of routine
- Documents can be processed from anywhere
- Electronic archiving saved space and printing costs
What will tax and accounting offices appreciate most about digitalization?
Time and capacity – an invisible asset with a huge impact
The time saved is often invisible, but crucial. " When we used to process a hundred documents at once, it took us at least two hours, and for more complex documents it took significantly more. Today, we can process the same amount of documents about a quarter faster than before ," says Hana Meitnerová with satisfaction.
Thanks to digitalization with iNVOiCE FLOW, she is prepared for the potential growth of her office, as she can now process more documents with the same number of people. There is no need to hire new employees or look for a larger office.
" And of course, I also saved on printing. Since using it, I've only used two packs of office paper and I haven't had to buy toner at all, " she adds.
From a business perspective, all of this means:
- Higher margin per client
- Ability to serve more clients
- Lower operating overhead costs
- Higher client satisfaction thanks to speed and clarity
Audit? Peace and quiet
One of the often "invisible" benefits of digitalization is audit readiness. If a client needs to track down something, the accountant will not have to go to the office to retrieve the client's files and search for the necessary document. All documents are electronically archived and provided with metadata, so finding them is a matter of a few clicks.
Work and team flexibility
Another benefit is the ability to work from anywhere. Hana Meitnerová's office has even successfully tested processing documents from a tablet on the beach. This is more than just comfort - it is a tool for managing capacities, motivating people, and in times of crisis, ensuring the company's operations.
Thanks to digitalization, less experienced workers can also check documents, while senior accountants focus on specialized tasks.
iNVOiCE FLOW also allows you to set up processes to suit different types of clients. " Clients with more than 50 documents per month send them continuously in batches, and accountants gradually check them in iNVOiCE FLOW and send them for processing. Clients with a smaller number of documents then have agreed dates with us by which they send all documents for the past month in bulk ," Meitnerová praises the set system.
Precision without fatigue
Routinely transcribing hundreds of invoices a day inevitably leads to errors. The iNVOiCE FLOW system reduces the error rate because it extracts the data automatically. Accountants only check for exceptions. In the tax and accounting office, for example, the Meitners reduced the error rate, eliminated routine and increased the overall quality of the output.
Don't be afraid of the future, go digital
Digitalization is not a destination, but a journey. And on that journey, an accounting firm can gain much more than just time savings. It will gain peace of mind, security, overview, and space – for more meaningful work, for developing relationships with clients, and for sustainable growth.
As Hana Meitnerová herself says: “ We no longer have to rummage through papers and look for invoices in old folders. Now we have everything clearly and quickly available. And that's what counts. ”
If you are a tax or accounting firm that processes 200 or more invoices per month , this is a solution that is 100% worth it - both economically and humanly.
Do not hesitate to contact us and book a consultation , where we will explain everything you need to know about digitizing and automating invoice processing.
Are you dealing with invoice approval?
30 minutes, no obligation. We will show you how iNVOiCE FLOW fits into your ERP.
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