Accountancy practices spend a lot of time collecting data from their clients. This especially applies to their personal tax clients who require a tax return. The accountant asks their clients to send data about their personal taxes – how much they’ve earned in interest, shares, other income etc. Upon receipt of this data, in whatever form the client chooses to supply it, the accountant must collate this and enter it into the tax return preparation application.

To reduce the time spent on manually entering this data, T-Tech have built a portal that enables clients to enter their data online. This is called Practice Gateway.

Practice Gateway is based around Microsoft Dynamics 365. Personal tax clients visit the portal and enter the details required for the preparation of their tax return. The point is that it’s not sent to the accountant via mail or in a spreadsheet – it’s all done online. The client can see the figures from the previous tax return for comparison purposes, and when they’ve entered all their information it is submitted for processing. And it can be done by the end user rather than a case worker or a clerk at the accountancy practice.

What happens then to the data they have entered?

This is where the robotics offering comes in. In the old world, when a client sends data for the tax return to their accountant, the accountant must transfer this data to the tax return preparation software such as Digita or CCH. This is a time consuming and manual task that’s prone to errors.

We can use a robot to do this. The robot can read the information that the client entered into the portal and type this into the tax return preparation software in much the same way that a user would do it. The robot can work 24x7, doesn’t make errors, and doesn’t get bored.

The objective is to remove the low value, error prone steps from the process and allow the accountant to concentrate on value-add services to their clients.

Want to learn more about Practice Gateway? Sign up for a free demo

PRACTICE GATEWAY_WEB_LEFT AND RIGHT ALIGN_COLOUR-1

 

OTHER NEWS

Switch to excelling, not just surviving next tax season

Another tax season has been completed. It seems to come around so quickly, with all the changes promised after last year ending up at the bottom of the pile, and before you know it, it’s here again. An infinite cycle of increasing client demands,...

READ MORE

Layer up with Automation

The accountancy industry is at a crossroad – evolve or be left behind. With increasing client demands alongside old-fashioned processes, the industry is in trouble of stagnating. In order to meet new expectations of both clients and the industry,...

READ MORE

Let's get intelligent, business intelligent.

As we continue on the path to maturity at the fourth phase, we address the reporting problem that is common amongst many accountancy practices.

READ MORE

Do your systems talk to each other?

System integration, “single panes of glass”, practice analytics, practice management and the tools needed to simply get the job done… it is a lot of plates to be spinning. Not to mention endless chances to fall short on data management, GDPR,...

READ MORE

How to eliminate communication & collaboration silos

How easy is it for your employees to collaborate effectively, within their own teams and across departments?

The way in which accountants, bookkeepers, and departments collaborate in accounting firms is evolving. Traditional methods of...

READ MORE

Back to basics: Are you Cloud first? Are your Systems up to date? Does everyone have a laptop?

IT is built up in a number of layers. As the tech world becomes quicker and slicker, we tend to get excited about all the cool, non-essential tools we think we need. 

READ MORE

The Maturity story: Is your practice behind in technology adoption?

Have you ever taken a minute to look at your practice as a whole and ponder: how mature is this business? Do we introduce technology as a means to an end, or do we have a good strategy in place that steadily drives the firm forward? Is IT keeping...

READ MORE

6 Teams meeting tips to get you going in 2021

Our journey with Teams has been extraordinary whilst working from home. Meetings are so simple. The collaborative tools available to us makes the whole experience seamless and stress-free. 

READ MORE

Accountants focus on advisory role as they embrace tech

As client’s needs become more difficult to meet, accountants look to move away from the manual burdens such as data entry and collecting information. Undergoing a period of transition, the profession must now offer on-demand services whilst...

READ MORE

'Tis the season to win awards...fa la la la la

It’s been a rocky 2020, but we’ve ended on a high! We are delighted to have won both the Outsourcing Company of the Year award, and be ranked under Britain’s 50 Best Managed IT Companies.

READ MORE

The truth about starting a new job virtually

Starting a new job is scary enough, let alone the prospect of starting it virtually, in the midst of a pandemic. For some of us, flexible working has arrived quicker than anticipated and we have been forced to adapt once again in extraordinary...

READ MORE

First Central Group: Scaling and Innovating in the Insurance Industry

Innovation-led insurer, First Central Group, onboards Blue Prism’s cloud-based digital workforce to increase agility, with the help of T-Tech as their IT Partner.
READ MORE

Cyber Security and Covid-19: A record number of incidents

In the latest National Cyber Security Centre (NCSC) annual review, it has been revealed that over a quarter of cyber security incidents have been related to Covid-19. Let's take a closer look at the findings.

READ MORE

Addressing the challenges: Why accountants are reluctant to change

In a recent discussion with a room (or Teams call) full of accountants, the main topic of conversation was around why change is hard within firms; particularly those with very old-fashioned and manual processes. 

READ MORE

T-Tech celebrate 10 year anniversary

Happy anniversary to us! We are delighted to be celebrating 10 years of T-Tech, and although we haven't been able to mark the big event just yet, we still have lots to shout about. Our growth and achievements over the last 10 has truly shown the...

READ MORE

The evolution of cyber threats: How to stay resilient during Covid19

COVID19 has created a significant amount of change and upheaval to businesses globally. To add to the complexity, most companies have been forced to adopt remote working policies to help ensure the safety of their workforce, even if they didn’t...

READ MORE