Accounting teams rely on email for so much, it’s ridiculous. These teams depend on email to communicate internally with their teams, and externally with customers, sometimes managing four or more inboxes at a time. Managing today’s accounting email inboxes with limited collaboration capabilities means teams are using Slack, Teams, productivity tools, phone calls, IMs, and smoke signals to close the books.
For your reading pleasure, we’ve gathered ten of the top ways email is making your accounting team see red instead of green. Over the next few weeks, we’ll be sharing them all with you!
Challenge Number 5: Disconnected Search
In the email platforms we know and loathe, search functions make us fume. Giving the appearance that it’s always on the mend, search never quite works the way we want it to. Looking for the Buy More invoice from January, but getting every email with the word “Buy” in it? Organization helps, but if something wasn’t received or sent to the wrong inbox (internal work orders sent to personal boxes or AR instead of AP, sound familiar?), you’re out of luck. And trying to use search for multiple inboxes at once, fuhgeddaboudit.
When it comes to Search, email adds too many hurdles for it to be effective.
Relying heavily on email and spreadsheets to manage and organize your accounting workflows only leads to more and more manual, menial work. By only using these manual processes, accounting workflows can’t scale. An accounting workflow that consists of emailing PDFs and spreadsheets back and forth to each other to be opened, read, and manually updated, only leads to more headaches. This creates disparate, static information that is impossible to keep track of. There’s a better way to manage accounts receivable (AR). There’s a better way to manage accounts receivable (AR).
Award-winning Lockstep® connects the world’s accounting teams to help them work better together. The pioneer in Connected Accounting, Lockstep develops tools and platforms for fintech developers and accounting teams to automate workflows between the accounting systems that are at the heart of all businesses.
Missed one the earlier challenges we featured? Check them out below:
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