TPS: Growing and Managing your Accounting Practice
When small businesses first start, they may need just one tool, such as Time and Billing. As their company grows, they must manage many other tasks. Small business owners must shift their focus from just time and billing to the entirety of practice management. This can feel incredibly overwhelming. Small business owners need to focus on three needs: Time and Billing, Workflow management, and Client CRM and analysis. No matter how large a business becomes, these needs are universal.
In today's session, we will be joining the founders of TPS to discuss why focussing on three primary areas: Time and billing, workflow management, and client CRM and analysis, are core areas to every business. We will also discuss how TPS has grown from being only a Time and Billing tool into the well-rounded practice management tool it is today.
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Presented by Stephen M. Yoss, CPA, MS (https://yoss.io)
Produced by Alicia Yoss & Alanna Regalbuto
Graphics By Flaticon.com and iStock
Music by Bensound.com
Education and Compliance By K2 Enterprises (https://k2e.com)
Copyright. All product names, logos, and brands are the property of their respective owners. All company, product, and service names used in this website are for identification purposes only. The use of these names, logos, and brands does not imply endorsement.
Educational Use Only. The information presented in this presentation is for educational use only. The presenter will make specific recommendations, but the participant is highly recommended to do their own due diligence before making any investment decision.
----------- Contents of this video ------------
00:00 - Intro
09:31 - What is TPS software Inc.?
10:28 - What are three needs of an accounting firm?
14:32 - How to track your time and billing? Why is keeping your time and billing important?
21:46 - What are the impacts of underbilling?
25:12 - Are there other billing types inside of TPS?
26:50 - How to manage firm work?
29:47 - What should practice time management software do?
34:29 - What is another recommendation for managing firm work?
36:36 - How did workflow evolve, and why those different approaches?
42:56 - If your PM tool has CRM, what tools should be included?
47:23 - How does TPS meet these needs?
49:10 - What are the tools inside TPS?
50:50 - What does the QBO BI directional look like?
51:53 - What does the QBO BI directional data do?
52:30 - What does BI-directional email do?
53:19 - What features have been recently added?
54:10 - What is the pricing of TPS?
55:47 - Is the software web based or is there a download portion to it? (Chat Question)
56:20 - What is TPS's advanced reporting?
57:50 - What have we learned about TPS in today's class?