Getting the Most from Proposal Software for Accountants

Creating a proposal for a potential new client sets the tone for the professionalism they expect from your firm moving forward. Even the most prolific accountants struggle with creating quality proposals, whether the challenge is inconsistent formatting, manual errors, or other issues that could potentially undermine the firm’s credibility.

We’ll discuss how proposal software for accountants transforms a time-consuming, frustrating process into professional results that set the stage for your winning client acquisition strategy.

Why Traditional Proposal Methods Fall Short

Much to the dismay of accountants everywhere, proposals will always be part of your regular activities. You have to draft them for new projects for current clients, and they’re important for onboarding new clients. 

You face a constant cycle of deadlines and communications in a sea of project queues, so it’s important that no single process becomes the bottleneck that limits your firm’s growth.

Proposals need to contain accurate, clear communication with current and potential clients, but they also need to be easy to edit, resubmit, and track. When firms use manual processes for drafting proposals, the potential for errors only compounds.

The Transformative Impact of Proposal Software for Accountants

Fortunately, today’s accounting proposal software eliminates these pain points by providing a systematic solution for creating and managing proposals, transforming your firm’s client acquisition process with:

• Efficiency Through Automation: Create a library of accounting proposal templates, including unique pitches for different services you offer—all of them integrated with your practice management system, so you can pull in relevant client details and pricing without creating these details from scratch every time.
• Consistent Professionalism: Maintain the same unified, distinct, and polished representation of your firm across all of your documents.
• Improved Accuracy: Combining manual data entry with redundancy is an equation for errors, and as an accountant, it only takes a single misplaced decimal to lead to catastrophe. Integrating automated processes with your client database helps reduce these risks while making your life easier.

Accounting proposal software helps you track which proposals are pending, accepted, or require a follow-up, so you stay organized throughout the lifecycle of every client and project.

Streamlining Proposal Creation with Templates

With accounting proposal templates, a platform can do more than just save your firm time. Templates incorporate important, time-proven document elements that help you communicate your value proposition.

Just a few examples of templated proposal features include:

• A branded firm introduction
• An outline of client needs
• An executive summary
• Your value proposition
• Services offered
• Qualifications
• Case studies
• Project timelines
• Transparent pricing
• Terms and conditions
• A call-to-action
• Project assignees and signers

These features help you consistently present your firm’s professionalism to clients and ensure you’re working with accurate data as the foundation for projects when clients accept your terms.

In addition to providing accounting proposal templates, Canopy also links your templated data directly to client projects, so task creation details, client data, and invoicing and payment processing are all correctly tied to your initial proposal details.

Crafting Persuasive Proposals That Win Clients

Create proposals that convert new clients with these key elements:

• Value-Driven Messaging: Don’t just list services and rates. Highlight the strategies you will use for your client so they can see the value in your services beyond checking items off their “to-do” list.
• Interactive Elements: Just sending them a static PDF is so yesterday. Show them how hip you are with interactive options like toggling service tiers, digital signatures, video team introductions, and the ability to provide you with feedback.
• Transparent Pricing: Whenever there’s a tie between two competitors, the one with the clear, affordable, transparent pricing wins every time. Nobody feels good about the all-too-familiar “it depends” answer to fees.

Case Study: Little, Shaneyfelt, Marshall & Co. 

Little, Shaneyfelt, Marshall & Co. was doing the same thing as so many other firms, using multiple separate tools for document storage, audits, taxes, etc. The lack of integrated solutions caused stress and frustration for their staff.

They considered various platform options, but once they tried Canopy, it was the clear, lasting solution to their problems. With all of their data centralized in one place, they were able to confidently streamline workflows and manage all of their client data efficiently.

Now, their firm saves time and is able to improve on all of its processes. Reaching out to Canopy’s responsive support has helped their team grow and enhance their services.

"Everyone knows where to go for information now. It’s all in Canopy."          — Aaron Shaneyfelt, Co-Owner

Taking the Next Step with Canopy

Proposal software for accountants isn’t just a nice feature to keep in your back pocket: It’s an essential component of any firm’s plans to scale with maximum client satisfaction.

Canopy creates practice management solutions for accounting firms designed to remove mind-numbing guesswork and time wasted on redundant, fatigue-inducing processes. Our automated proposal workflows provide:

• Analytics to uncover which services and pricing structures convert new clients
• Shorter sales cycles
• Better team collaboration and contribution
• Reduced onboarding friction
• More strategic client relationships that begin with intentional first impressions
  
  

Start your free trial today!