For accountants, managing ATO documentation can be a tedious and time-consuming task.
However, it’s important to ensure your clients are informed and compliant with the ATO’s requirements. Let’s explore the differences between managing ATO documents efficiently versus effectively, and how you can achieve both.
Efficiently managing ATO Documents
Efficiency in managing ATO documents may seem like the right approach, but it can lead to ineffective communication with your clients.
Some practices may have chosen to have some or all ATO documents sent directly to their clients for them to handle, without reviewing or managing them internally. While this approach may save time for the practice, it often results in clients not understanding the correspondence and can lead to confusion and mistakes.
This method is not effective as it doesn’t provide the necessary support and guidance for your clients.
Effectively managing ATO Documents
On the other hand, accountants managing ATO documents internally for clients is an effective method but it can be time-consuming.
Practices that chose this approach are better informed about the ATO’s requirements for their clients and can provide their clients with the necessary information to comply. However, it does take a significant amount of time to manually capture, review and communicate the ATO documentation.
This method may not be time efficient for your practice.
How can you achieve both efficiency and effectiveness in managing ATO documents?
ATOmate is the key!
ATOmate is designed to automate the capture, processing, checking and distribution of all ATO documents, reducing the time and resources spent on manual processing.
Additionally, ATOmate helps provides clear personalised communication to your clients, ensuring your clients are fully informed and comply with their tax obligations.
Efficient and effective ATO document communication
With ATOmate, you can achieve both efficiency and effectiveness.
ATOmate is an effective and efficient tool designed for accounting practices that automates the processing of ATO documents while providing clear communication to your clients.
To learn more about how ATOmate can help you find the perfect balance between efficiency and effectiveness in managing your client’s ATO documentation – Cick here now to book a discovery meeting today!
With over 25 years of experience in the technology industry, Stan’s professional focus has been on building high-performance teams and leading organisational change through operational efficiency.
Stan is passionate about assisting businesses to reach their full potential through the delivery of automated processes, supporting them to achieve smarter and innovative outcomes for stakeholders and greater productivity and job satisfaction across their teams.
Most recently, Stan has enjoyed working closely with professional services businesses to implement technological transformation projects and automate their key business processes.
BAW is an innovative company that provides automation solutions to businesses including accountants, property managers and the manufacturing industry.
The company’s automation solutions allow business managers, partners, IT managers and staff to refocus their attention away from tedious, time-consuming tasks towards value-added outcomes, such as managing and maintaining client relationships and engagement.
BAW’s flagship product, ATOmate, is designed to automate the processing, reviewing, and distribution of ATO correspondence. ATOmate integrates with a range of market-leading practice and document management platforms, helping accountants reduce their ATO document processing time by 90%.
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