By Hannah DeFreitas

Do you often find yourself buried under a pile of administrative tasks, taking valuable time away from client work?

You're not alone. According to the 2023 Accounting Practice Management Survey, accountants spend just 55% of their time working with clients — with the rest dedicated to administrative matters.

CPACharge can help you automate and streamline these routine tasks, freeing up your schedule for more substantive, impactful work.

Streamline workflows to save time
Accountants often spend hours manually reconciling accounts and generating reports — tasks that consume valuable time and can increase the risk of errors. Nearly two-fifths (39%) of surveyed accountants said they spend more than half of their day on manual tasks, yet 30% of respondents don’t have the tools to automate processes. Workflow issues were the biggest challenge reported in 2023, leading to lost revenue, missed deadlines, and poor work-life balance across 55.9% of firms.

Given these challenges, automating administrative processes is crucial for improving productivity and maintaining a healthy work-life balance. This is where CPACharge steps in.

CPACharge seamlessly integrates with leading accounting software, automating the reconciliation process by accurately recording and categorizing transactions, matching payments to invoices, and keeping your accounts up-to-date. Customizable reporting tools make generating detailed financial reports easy — providing real-time insights into your financial data. These reports can be shared with clients or stakeholders, enhancing transparency and professional credibility.

Automate invoice creation and recurring billing
Sending out recurring invoices is one of the most time-consuming administrative tasks. Automating an accounts payable (AP) process can reduce paperwork by 90-95% and increase efficiency by 20-27%. CPACharge’s invoicing feature allows you to quickly generate invoices with detailed line items, saving precious time every week. This streamlined process enables you to focus more on client interactions and less on administrative paperwork.

Additionally, the Scheduled Payments feature allows you to automate the invoicing process entirely — setting up recurring charges for a specified number of billing cycles or until a certain dollar amount is met. This not only reduces the time spent on invoicing but also ensures that your cash flow remains consistent and predictable.

Secure and fast payment processing
Storing and managing client payment information can be cumbersome and time-consuming, especially when you repeatedly re-enter card details. Plus, data breaches in the accounting sector have grown by 47% in the last two years — with 60% of small accounting firms going out of business within six months of a cyberattack.

CPACharge’s Card Vault feature securely stores your clients’ card information in a PCI-compliant manner, ensuring that sensitive data is protected with the highest security standards. By securely storing card details, CPACharge allows you to quickly process payments without re-entering card information each time, making the payment process both secure and efficient.

By integrating CPACharge's robust security features into your payment process, you enhance the efficiency of managing client payments and significantly reduce the risk of cyber threats. 

Streamline your work with CPACharge
By leveraging these three powerful features of CPACharge, you can significantly reduce the time spent on administrative tasks, saving billable hours every week. This boosts your productivity and allows you to dedicate more time to high-level tasks and client engagements — ultimately enhancing your firm’s overall efficiency and service quality.

Ready to streamline your invoicing process and enhance your firm's efficiency? Learn more about CPACharge today.

Hannah DeFreitas is a senior content writer at CPACharge, the leading payment processor for the accounting industry. She is based in Austin, Texas.