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Entries in news (17)

Thursday
Dec152016

AccountantsWorld Welcomes New Director of Practice Development

AccountantsWorld, the leader in cloud-based solutions for accountants, is delighted to announce today the appointment of Hitendra R. Patil as director of practice development.

In this role, Hitendra will be responsible for helping accountants leverage AccountantsWorld's solutions more powerfully, advancing the company's leadership in cloud solutions for accountants and positioning the company for its next phase of growth.

"I am absolutely thrilled to be joining AccountantsWorld," said Hitendra. "What inspired me the most about the company is their deep belief in the role accountants have to create a better world and their genuine commitment to accounting professionals. It is highly fulfilling to align myself with a future-creating organization that is using the cloud to help accountants expand their services, create growth for their practices, nurture stronger bonds with their clients, and experience deeper, professional fulfilment."

Hitendra has served the accounting profession for over 12 years and the technology-enabled financial services industry for 25 years in numerous capacities across multiple countries. Prior to AccountantsWorld, he worked as the chief operating officer of Pransform, Inc., a processing solutions provider for small- to medium-sized accounting, CPA and tax firms in the U.S. Before joining Pransform, Hitendra was the assistant vice president of global financial services at Viteos Technologies. He's also the author of the critically acclaimed book, "Accountaneur: The Entrepreneurial Accountant," devoted to helping accountants become more entrepreneurial in their quest for robust and profitable growth.

"AccountantsWorld's purpose is unique in putting Accountants First™ as we unflinchingly believe that accountants have immense potential to positively impact lives of their clients. It is a pioneering movement that helps individuals and small business owners enhance their financial lives by better leveraging their most trusted advisors: their accountants," said Chandra Bhansali, CEO of AccountantsWorld. "To position AccountantsWorld for continued and accelerated growth in the coming years, we needed a passionate leader who shares our belief in the power of accountants. Hitendra brings a strong and unique combination of leadership, highly relevant industry expertise and a deep understanding on how to leverage behavioral science to enhance accountants' success. He is an ideal addition for strengthening both the success of our accounting partners and our core mission."

Professionals in the accounting industry are also responding with excitement to the announcement.

"Hitendra has a strong intuitive sense of how technology should empower accounting firms," said Rick Telberg of CPA Trendlines, a visionary and thought leader in the accounting profession. "As the publisher of his book and his numerous thought-provoking articles at CPA Trendlines for a few years now, I have had the privilege of having extensive interactions with Hitendra. He is laser-focused on delivering his depth and breadth of knowledge and experience to enhance the accounting profession. I am sure that Hitendra will help accountants benefit more from the suite of cloud-based solutions from AccountantsWorld."

Thursday
Dec012016

AccountantsWorld Co-Founder Named to 2016 Most Powerful Women in Accounting List

For the fourth year in a row, Sharada Bhansali, co-founder of AccountantsWorld, has been named as one of the 2016 Most Powerful Women in Accounting by CPA Practice Advisor.

The award recognizes women who are making the greatest impact on the tax and accounting profession. Each year, CPA Practice Advisor's publishers and editors review nominees selected by industry peers and experts.

"The growth of cloud computing has provided the profession with a lot of flexibility and even more opportunities for women," said Sharada. "To be consistently honored alongside these incredible professionals is inspiring. I'm confident that, working together, we can share our passion with future generations and continue to push the industry forward." 

Over the years, Sharada has remained dedicated to reinventing and innovating the industry with new tools to help accountants succeed in an ever-evolving environment. With Masters degrees in both Engineering and Mathematics, she started her career by creating Micro Vision Software, a leading producer of professional desktop tax software. In 2000, anticipating the power of the Internet, she and her husband Chandra co-founded AccountantsWorld to forge new opportunities for accountants via cutting-edge cloud-based solutions.

For more than 30 years, Sharada and Chandra have been committed to providing advanced tools to support accounting professionals. Recently, AccountantsWorld launched Payroll Retirement Relief Solution (PRRS), its latest product that helps accountants and CPAs to work with small business clients to enable them to offer affordable, compliant and protected retirement plans for their employees. This is one of the many ways Sharada and AccountantsWorld help accountants increase their revenue and expand their capabilities.

Friday
Oct142016

AccountantsWorld Co-Founders Named Top 100 Most Influential People in Accounting

AccountantsWorld founders Dr. Chandra Bhansali and Sharada Bhansali were both once again named to the Top 100 Most Influential People in Accounting list by Accounting Today magazine for 2016. They have now achieved a combined 18 awards in the Top 100 list.

For more than 16 years, the couple has transformed the accounting profession by designing highly acclaimed, cloud-based solutions for professional accounting, payroll, document management and more. Winners are nominated by industry professionals and peers who are asked to identify who they believe are the most influential people in the sector.

"For us to be consistently named among the most influential people in accounting each year is an incredible honor," said Dr. Chandra Bhansali, CEO and co-founder. "It is gratifying to see that our peers recognize the achievements of not only the two of us, but our entire team. This recognition further fuels our passion to continue developing innovative tools to better serve accountants and their clients."

Since the company's inception in 1999, AccountantsWorld has been a pioneer in leveraging the power of the Internet to help accountants advance their practices. Chandra and Sharada led the effort to create a complete suite of fully integrated, cloud-based products that puts accountants back in control of their core offerings, while also fostering greater collaboration with their clients. And unlike most other solutions providers, AccountantsWorld has made an unwavering commitment to professional accountants by never selling its products or services directly to their clients.

AccountantsWorld continues to enhance its products every year, and most recently added an integrated bill payment feature to Accounting Power, which received a five-star rating from CPA Practice Advisor. This focus on continued innovation has earned AccountantsWorld countless product awards, including "Best Small CPA Firm Solution" and "Best Cloud Power Solution" by K2 Enterprises.

"As technology continues to advance, we will remain focused on helping accounting professionals grow their practices and strengthen client relationships by empowering them with cutting-edge software solutions," said Sharada Bhansali, co-founder of AccountantsWorld. "Whether it's via mobile platforms, third-party integrations or strategic partnerships, we strive to make their professional lives easier and help them stay ahead of the game." 

To view the complete list of the Top 100 Most Influential People in Accounting, please visit www.AccountingToday.com.

Thursday
Jul072016

Accounting Power now includes fully integrated bill payment

AccountantsWorld is proud to announce significant enhancements to our signature product, Accounting Power. These enhancements will enable accounting firms to provide more complete accounting services, including bill payment and bookkeeping, to all of their clients within one platform.

The new updates seamlessly integrate bill payment capabilities into Accounting Power and streamline the entire bill payment process, which makes this service highly efficient and profitable.

Unlike Do-It-Yourself accounting programs that are created for small businesses, Accounting Power is the first cloud-based system designed specifically for the needs of professional accountants. It lets accountants customize their accounting services to meet each client's needs and preferences.

"Our research shows that given the choice, one out of every four small business owners would consider offloading all their accounting work to their accountants. However, most accountants currently don't offer bill payment and bookkeeping services to their clients because the limitations of current systems have made them high-hassle, low-margin services," said Dr. Chandra Bhansali, CEO and co-founder of AccountantsWorld. "With the new capabilities, accounting firms are able to perform these functions faster and easier than before, and thereby turn them into high profit-margin services."

By using Accounting Power's newest features, accounting firms can facilitate end-to-end bill payment and invoicing. The updates include:

  • Mobile uploads. Clients can now upload images of their invoices and payments received against account receivables with any mobile device. When accountants log onto the platform, the uploaded invoices and payments are automatically attributed to the corresponding client and presented for processing.
  • Unified dashboard to monitor workflow. Accounting Power lets accountants establish a uniquely streamlined operation. A single unified display monitors all bill payment activity for multiple clients at once, allowing the accountant to easily identify which client bills need to be processed, approved, or paid.
  • Faster and easier approval process. With the new approval feature, accountants can send payment approval requests to multiple clients with one click. Clients can approve the bills to be paid fully or partially using their PC or any mobile device. Firm can make the payments for the bills approved by clients either by printing physical checks or using electronic checks (ACH).

By combining these functions into a single cloud-based solution, Accounting Power has once again simplified client accounting and increased efficiency and profitability for firms. In 2015, Accounting Power was awarded "Best Small CPA Firm Solution" and "Best Cloud Solution" by K2 Enterprises. The product also received a five-star rating by CPA Practice Advisor earlier this year and was a finalist in the 2016 Cloud Awards.

About AccountantsWorld 
With more than 15 years' experience, AccountantsWorld is the leading provider of cloud-based solutions for accountants. AccountantsWorld offers a complete, integrated suite of innovative accounting, payroll, and practice management solutions that help accountants work collaboratively with clients to foster greater client loyalty and improve the bottom lines of their practices. AccountantsWorld is also the only leading cloud solutions provider that puts Accountants First™ by never competing with accountants or selling services directly to their clients. For more information about any of the AccountantsWorld cloud-based solutions, please visit www.accountantsworld.com or call 1-888-999-1366.

Wednesday
Dec232015

AccountantsWorld Partners with AGN International North America

AccountantsWorld is proud to announce that we're entering into a two-year partnership agreement with AGN International North America, a regional subsidiary of AGN International. As a part of the partnership, AGN International North America members will enjoy a 20 percent discount on AccountantsWorld's Power Practice System bundle for the duration of the relationship.

"Partnering with AGN International North America will enable us to deliver our solutions to some of the most respected accounting organizations, providing them with the ability to harness the vast potential of the cloud to move their firms forward," said AccountantsWorld co-founder and CEO, Chandra Bhansali. "Our Power Practice System includes cloud solutions for bookkeeping, trial balance, document management, client portals, practice management and a website builder, providing virtually everything an accountant needs to manage and grow their practice."

AGN NA is part of AGN International, Ltd., and is one of the world's leading associations of independent certified public accounting and consulting firms. It has 187 accounting firm members in 89 countries throughout the world. AGN sets rigorous criteria for admission to the association and provides outstanding continuing professional education and intra-member collaboration to help all member firms serve clients with excellence and maintain adherence to the highest professional standards.

"AGN International North America counts some of the most technologically savvy and progressive accounting firms as our members, and we look forward to providing our members with the innovative solutions AccountantsWorld has created," said Rita Hood, Regional Director for AGN International North America.