Online chartered accountancy: what are the advantages?

The 5 advantages of an online accountant

New technologies are driving change in many sectors: telephony, banking, retail... so it's only natural that the accountancy profession has also turned to 100% digital online services.
Taxation
Reading time: 5min
Updated October 5, 2019
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There are now a number of service providers on the market, generally aimed at craftsmen, shopkeepers, the self-employed, medical professions, paramedical professions, SCIs, LMNPs and also start-ups.

Team Exter has selected the 5 advantages of an online accounting firm.

Dossier: the advantages of an online accountant

 The cost of fees

The principle of online accountancy is to manage your accounting remotely.

To achieve this, exchanges are dematerialized. This means you don't have to deal with your accountant face-to-face, but by telephone or over the Internet. In addition, by not having to meet your customers in person, costs are reduced.

These features enable online accounting firms to offer lower costs

They are at least 30% less expensive than at a local accounting firm.

What's more, by dematerializing exchanges, you reduce your travel costs to your local accountancy firm.

An expense which, at first glance, seems trivial, but in the long run proves to be a real saving. And let's not forget the time saved on journeys.

Paperless exchanges

With online chartered accountants, exchanges are much more fluid. If you used to have to go to the office to hand in your accounting documents, now you can send them to your accountant in just a few clicks. Whether from your computer or a mobile application. So your documents are always available.

So, wherever they are, customers can easily transmit their accounting documents (sales receipts, expense reports, invoices, etc.) as and when they need them. A real time-saver for business owners.

Online accounting firms also have tools for automatically retrieving and synchronizing bank data.

Comfort appreciated by managers

Some accountants, like Team Exter, have a dedicated contact person for your account. You can contact him or her at any time by e-mail or telephone. He or she will keep track of you, take care of your tax deadlines and, of course, update your accounts right up to your balance sheet.

Document availability

When you sign your engagement letter, our online accountants provide you with a dedicated, secure cloud. This allows you not only to deposit your accounting documents, but also to consult them whenever you like, whatever happens (loss, damage, fire, flood...).

You'll be able to retrieve your accounting, tax, social security and legal documents from any Internet-connected device.

This online space constitutes a database available 24/7. Team Exter works in partnership with major players to ensure the security of your data. The data center is hosted by IBM.

It is your responsibility to keep your documents within the legal retention period.

Services

In addition to your dedicated online space, you benefit from other useful services to develop your business. These may include a mobile application, a stand-alone scanner, a payroll management module, a quotation and invoice management service or a certified cash register system...

In addition to these complementary services, you'll need to make sure that the services included in your engagement letter meet your needs.

In fact, some online accounting firms ask their customers to do their own data entry and bank allocation.

While some managers prefer to carry out these time-consuming tasks, others, like Team Exter, include them as part of the service, at the same price.

Online accountants also offer additional options to meet their clients' needs. It's a good idea to consult them before signing the engagement letter, to find out the scope of their missions. This will give you an idea of the extent to which they can support you in developing your business.

A clear vision

To develop their business serenely, managers need to have a clear view of their cash flow. Online accounting firms can provide their customers with a dashboard. This gives business owners a clear picture of their financial health.

Before concluding, we would like to draw your attention to the need to choose a chartered accountancy firm registered with the Ordre des experts-comptables.

Otherwise, your accounts will be processed illegally.

Now that you know the 5 advantages that make online accounting so successful, we invite you to read our article on the 5 criteria for choosing a good accountant.

Written by our expert Editorial staff
January 28, 2019
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Kbis fast and 100% online
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