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Where Does Your Practice Actually Lose Time?

Almost every accounting practice knows compliance work is inefficient. Far fewer know which part. Fourteen questions across the five processes that consume the most hours, so you fix the right one rather than all of them badly.

Answer for how the practice actually runs during busy season, not how it runs in October.

Practice Automation Scorecard

Answer for busy season, not for a quiet month.

0 of 14 answered0%
1.How do clients send you their records?
2.How are clients chased for outstanding documents?
3.Can you see right now what is outstanding across all clients?
4.How do transactions get into the ledger?
5.How consistent is coding across staff?
6.Are receipts captured digitally?
7.How much reconciliation time goes on genuine exceptions?
8.How are recurring journals handled?
9.What share of client queries are the same recurring questions?
10.How are those recurring questions answered?
11.Is client query time recorded and reviewed?
12.Is your month-end close documented?
13.Could someone else run close if the usual person was away?
14.Do you track how long close takes?
Answer all 14 questions to see your score and a tailored recommendation.

A self-assessment to structure an internal review. It is not professional or compliance advice, and nothing entered is recorded or transmitted.

What the Score Measures

This measures process design, not how hard your team works. Practices with excellent people and poor processes score badly, and that is precisely the useful finding.

Document collection is usually worst

Chasing clients for records, receipts and signatures consistently consumes more practice time than the processing itself, and it is almost entirely a communication problem rather than an accounting one.

The same questions recur constantly

Client queries repeat across the client base continuously and are rarely billed, which means they come straight off practice profitability. They are also highly amenable to drafted responses with review.

Busy season reveals the real design

A process that works in a quiet month and collapses in the busy period is a process with no slack in it. Score for your worst period, because that is when the cost of poor design is actually paid.

The Five Processes Assessed

Fourteen questions covering where practice hours genuinely concentrate.

1

Document collection

Getting records, receipts and signatures out of clients without spending a fortnight chasing.

2

Data entry and coding

How transactions get into the ledger and how consistently they are coded.

3

Reconciliation and review

How much time goes on matching versus on genuine exceptions.

4

Client communication

How queries are handled and how much of it is the same questions repeatedly.

5

Month-end and reporting

Whether close is a routine process or a scramble that depends on one person.

The Four Highest-Return Fixes

In order of return relative to effort across most Australian practices. The first two require no new software for many firms.

Automate the chasing, not the accounting

Document collection is the biggest single time sink in most practices and the easiest to fix. Automated reminders on a schedule collect more, sooner, and remove an unpleasant task that staff put off precisely because it is unpleasant.

  • Scheduled reminders outperform staff remembering, every time
  • A client portal beats email attachments for tracking what is outstanding
  • Escalate persistent non-responders rather than chasing indefinitely
  • Track collection completion as a metric. It drives everything downstream

Stop re-keying what a system already holds

Bank feeds, supplier invoice capture and receipt scanning eliminate most manual entry, and most Australian practices already have access to these through software they pay for. The gap is usually configuration rather than capability.

  • Check what your existing software already does before buying anything
  • Bank feeds and invoice capture are largely standard now
  • Coding rules learned from history reduce entry to review
  • Errors avoided at entry cost nothing to fix downstream

Handle recurring client questions systematically

The same twenty questions arrive across your client base continuously and are answered fresh each time by whoever picks them up. Drafted responses with review keeps a qualified person accountable while removing the composition time.

  • Identify the questions that recur across clients weekly
  • Draft responses automatically, always with human review before sending
  • Client-facing advice must always be approved by a qualified person
  • Consistency improves alongside speed, which clients notice

Make month-end a process, not a person

Practices where close depends on one person’s knowledge carry a real continuity risk and cannot scale. A documented, checklist-driven close is faster, less error-prone and survives leave and turnover.

  • Document the close as a checklist with named owners per step
  • Automate the recurring journals and standard reconciliations
  • Track how long close takes and where it stalls
  • Anyone competent should be able to run it from the documentation

Next Steps

Bookkeeping Cost Calculator

Put a per-transaction figure on what the current process costs.

Calculate the cost

Month-End Close Checklist

A structured close process you can adopt directly.

Open the checklist

Client Onboarding Automation Audit

The other big time sink, getting new clients set up properly.

Audit onboarding

Frequently Asked Questions

Found Your Bottleneck?

Tell us which process scored lowest and we will tell you the cheapest way to fix it, often starting with software you are already paying for.