Breaking up can be hard to do. But when it comes to your accountant, sometimes it is absolutely necessary. Your company’s ability to manage its cash flows, pay bills, and deal with taxes is absolutely critical. Is your accountant up to the task? Here are three signs he or she isn’t, and that it is time to find a new accountant.
It’s not You, It’s Me
Businesses don’t stay static. They grow, they diversify, and sometimes they even pivot to entirely different activities. Your company may have evolved beyond the capacity of the accountant you originally hired. It may also have moved into an industry the current accountant doesn’t understand. If that’s the case, consider hiring a new accountant who can meet your business’s needs.
Where are You?
As a manager or business owner, you need and should expect timely access to your accountant. Your accountant should promptly return your phone calls or emails. You should also be able to schedule a meeting easily with the person managing your books. If you really need your accountants and can never seem to find them, it’s a good sign you should be searching for new ones.
I Don’t Need You Any More
Maybe you rely on your accountant too much. There are many accounting tasks that you can now do yourself with powerful new tech tools and services. VerifiaBill, for example, can deliver timely, clear and concise health insurance bills with ease. A task like this would have taken dozens of (billable) accounting hours in the recent past. If you can use tools like this to accomplish your accounting tasks in-house, maybe you are the new accountant your company needs!
Your relationship with your accountant is critical, and it is often a personal one. But when it comes to your company, you’ve got to know when it is time to make a change. Has your business evolved? Can you use tech tools to accomplish your accounting tasks? Are you tired of trying to find your current accountant? If so, it may be time to find a new one.