Many small and medium-sized accountancy practices, which represent 90% of all firms, still manage their client onboarding and proposal processes manually. This approach leads to inconsistent pricing, inefficient client onboarding, and potential revenue loss due to undercharging or scope creep. Additionally, accountants and bookkeepers often struggle with sales confidence, as manually defining the value and scope of their services can be unclear and inconsistent.
IT4BIZ (I4B) offers a comprehensive IT solution called Easy Proposal (EP) tailored for owners of accountancy firms, designed to tackle their operational challenges effectively. Our software solution revolutionizes the creation of proposals and engagement letters with a streamlined, automated system. By standardizing pricing and simplifying the onboarding process, our platform empowers accounting firms to boost profitability, diminish administrative burdens, and elevate service delivery standards. This transformation allows firms to devote more attention to client needs and less to manual tasks, thereby enhancing overall efficiency and client satisfaction.
There are number of competitors providing proposal software solution in the UK. Most of the high-end software with like-to-like features of EP cost more than 50% higher than EP. Competitors like Senta, Practice Ignition, IRIS and Accountancy Manager have different core product, so their focus is to sell multiple tools while EP has core focus of Proposal management, and the roadmap for the next 3-5 years is to enhance the product to be market leader in the space.
I4B collaborates closely with highly experienced accountancy firms, boasting over 15 years of expertise in the UK market with a strong track record of developing and supporting multiple accounting products, our team of developers brings over 20 years of collective experience in crafting finance tools, including bespoke bookkeeping software tailored specifically for the UK.
Our software solution, EP, meticulously designed with input from practice owners, focuses on optimizing proposal management and client onboarding processes for maximum efficiency. The mentor from the accountancy firm and his team's extensive background in enhancing practice operations through various software projects revealed a significant market gap. EP fills this void by offering a versatile tool capable of supporting practices of any size and ensuring readiness for future challenges.