What Should be in Your Firm’s App Stack?

Posted on 31st August 2017 in Advisory

Written by Freya Hughes

To make sure your firm is up there with the best, you should be looking at the incredible tech that’s on the market. There are a lot to sift through, so to make it easier to pick the best apps and add ons for you, here’s our top nine.

Xero are industry leaders, and their ambition is to continue unlocking data and display it clearly. Their aim is to give their customers the tools to manage their data – which is where their new app Xero HQ comes into play. Saving precious time digging through historical data, this new platform allows you to do a whole lot, a whole lot faster. Xero listened to the following cries from our industry peers, and have made them a reality:

“What if you could plan your work without manually reviewing client needs? What if you knew which clients had GST or VAT due to file? What if you knew which clients had bank statement lines left unreconciled? What if you knew when you were assigned Workpapers, who has tax to pay, and who hasn’t paid their tax?”

Centred around choice and collaboration, the aim here is to help you run your firm (and your clients’ businesses) the way that suits you without any limitations. Working alongside the best of the Xero Practice App Partners, connecting to Xero HQ will provide an integrated ecosystem of tools for the accounting and bookkeeping industry.

Practice Ignition

Integrations: Xero & QuickBooks

The perfect app to create and send bespoke client proposals in minutes, Practice Ignition speeds up winning new business and providing value to clients. Their core features include the quick creation of bespoke client proposals, secure automatic payments driven by client approval and acceptance (and they’ll chase your invoices for you!), real-time business insights and revenue targets, and scope management, which allows you to formalise the expectations of both parties of the working relationship.

When we spoke to Martin Bown at My Management Accountant recently, who thanks Practice Ignition for saving him a whole load of time on creating and sending out proposals. He told us:

“I used to spend all day on Word to prepare and send out a proposal but Practice Ignition has completely changed that.”

Receipt Bank

Integrations: Xero, QuickBooks & MyOB

Receipt Bank extracts the information from your receipts and invoices quickly, accurately and efficiently. With Receipt Bank’s superb integration, your data can be sent easily into your Xero account. Year-end becomes a breeze with Receipt Bank, as each and every receipt you used to manually input is already logged. Using a smartphone camera, snap a shot of your receipt and it’ll be uploaded to Receipt Bank and show in your reports. Having Receipt Bank and its integration with Xero lodging in the cloud allows you to access your accounts wherever you go, so you’ll never forget a receipt or miss a bill again.

We use Receipt Bank to easily track and repay staff expenses. Our in-house Management Accountants and Account Managers take trips across the UK to visit clients. A quick photo on their smartphones makes its way to the FUTRLI account and Co-Founders Hannah and Amy can quickly and accurately repay them.


Integrations: Xero & QuickBooks

Stop chasing online bills and statements – that’s what the Hubdoc team implore you to do, and by signing up with these guys, they’ll automatically pull your bills and statements into one secure hub. This means you have one login to view and manage the documents from all of your accounts. You can sync your bills, receipts, invoices and more general data to your accounting software, which will save you a load of time and effort. Backup is automatic and collaboration is made easy.


Integrations: Xero

Leaders in marketing, BOMA allows you to reach your audience across a variety of channels. Their software continuously crunches your campaign data and suggests innovative ideas to better engage with the people you need to target. Dive into a customer’s activity stream and discover how they’re interacting with your business across your website, email and social media, and define groups of customers to target using profile data or their previous behaviours. This is an all-in-one marketing platform which will tighten up your branding and make your name known to those who need it.


Integrations: Xero

With one subscription, you’ll be able to access 60+ documents from the NowInfinity legal, accounting and tax library. A customisable, fully integrated platform, you’re able to make use of their Corporate Messenger, which makes light of electronic signing, automatic debt reports, client reminders and easy payment solutions, completely customisable minutes and resolutions to ensure your companies never receive unnecessary late fees. They even have a ‘university’, where you can learn from highly experienced teachers to become industry accredited.


Integrations: Xero & QuickBooks

ApprovalMax allow you to approve purchase orders, bills, sales invoices and other accounting needs. It’s user-friendly, built to work via email, mobile or as a web app, so it’s the perfect fit for all – no matter now tech-savvy you are. Set up approval workflows which enable multi-step and role-based approvals, facilitate approval process automation, and provide for exception handling and reporting.


Integrations: Xero & QuickBooks

We made the list – hurrah! We know you’re aware of our forecasting expertise, but have you seen our latest updates? No more choosing between printed reports and online dashboards is number one: we know clients prefer different mediums so we’ve produced both for you. We’re integrated with Xero and QuickBooks, so you can get your clients started with us immediately.


Integrations: Xero & QuickBooks

Now accounting has become more versatile, more and more CPAs and CIMAs are working on the go. Remote working means you need to keep track of where each of your team is and when they’re clocking in and out. T-Sheets makes this all possible – and simple. User-friendly, this app allows managers to track the footsteps and work of any member of staff. Using GPS technology, the app prevents confusion from different time zones, and will accurately track and sync offline as well as online.


Integrations: Xero

Converting your accounts data is made easy with Movemybooks. You’ll have most of your data transferred from QuickBooks Desktop to Xero within a couple of hours (depending on the amount of data you’re transferring). If your data includes foreign currencies, that’s not a problem – though double checking your data is advised. This is one for those of you with clients working on desktop alone, and with the ability to sync historical data of over two years, is the best option for you. No more manual inputting, this is the best way to wave goodbye to desktop accounting.

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