Modern Australian tech enterprise teams up with marketplace heavyweight to change important accounting compliance method
It’s a method that necessitates meticulous care and can acquire hrs away from your administrative and accounting groups every single working day, but many thanks to ATOmate accountants can now system, verify, and distribute ATO documentation from tax office environment to shopper in a issue of minutes.
Now, the platform’s integration with sector main doc administration system, Digital Cabinet, will streamline that process even more for VC users. The integration will appreciably minimize information entry, double handling, and prospects for human error by automating the main elements of the ATO document dealing with process.
Upon receipt of ATO documentation by mail or by means of the ATO Tax Agent Portal, ATOmate will kind all correspondence, test if it matches in opposition to an estimate from the apply management platform, and then either mechanically ship it to the consumer, or flag it for evaluate, depending on guidelines set by the apply.
The integration with Virtual Cabinet lets for a much more streamlined strategy to drafting, sending, and archiving correspondence by quickly planning emails and letters, and filing copies of those people right back again into the Virtual Cupboard platform – offering a total and accurate file of what has been communicated.
Stan Corner, CEO of Small business Automation Will work (BAW), the organization that has designed ATOmate, recognizes the problem procedures face when adapting key business procedures that are presently woven into existing technological innovation solutions.
“We know accounting firms are currently carrying out a good deal seriously perfectly when it will come to know-how, and by performing intently with these wonderful companies we’re able to offer a answer that addresses a person of the vital frustrations at the back again stop of the compliance procedure and have that match seamlessly into the present tech stack,” Mr Corner mentioned.
“It’s truly critical that procedures are able to find alternatives that operate alongside one another to leverage a single supply of truth of the matter, that are serving to them get over the raft of obligations and principles they need to have to abide by fairly than increase to the muddle,” Mr Corner said.
Kathryn Koch, Critical Account Supervisor for the ANZ area at Virtual Cabinet agrees, expressing the growing cooperation amongst marketplace platforms to generate robust integrations is a large gain for accountants in follow.
“We know that a firm’s tech stack is increasing swiftly, which is why it is so important for providers to work jointly, guaranteeing we can proceed to take away the friction of doing the job across many platforms and enable users to actually streamline their critical business procedures,” Ms Koch stated.
“By integrating with ATOmate, Virtual Cabinet users can now automate their ATO document processes, leverage their present methods, and take back again time for do the job that customers seriously value”, Ms Koch explained.
The integration with Digital Cupboard is 1 of a rising checklist of integrations for ATOmate, which also has complete integrations with complimentary exercise administration platforms this kind of as APS, Xero Exercise Manager, Workflow Max, Greatsoft Cloud, MYOB, Reckon Elite, Sage Handisoft and other folks.
To see the integration in action, or for far more information and facts contact 1300 054 466, e-mail This electronic mail tackle is being secured from spambots. You need JavaScript enabled to view it., or stop by the ATOmate web page right here.
