Accountants have business and financial expertise. Business owners need timely access to information and expertise. We believe it should be easy for them to work together. Drawing on years of experience in technology and accounting, our team is dedicated to removing the barriers that separate accountants from their clients.
Sure, our solution is on the cloud.
But what does that mean, exactly? To us, deployment on the cloud means an application is designed for use in a browser, developed with state of the art tools, and is accessible anywhere. Cloud applications should offer real-time access and improved efficiency – not trade one for the other.
The benefit of cloud deployment is huge from an accessibility perspective.
But moving the same old tools with the same old information to the cloud changes nothing.
Once everyone has access to information on the cloud, they need to be able to do something with that information. They need to turn it into better decisions.
Accountants who access client information on the cloud need to analyze it, check for proper accounting treatment, manage fixed assets, create GAAP financial statements, spot trends for discussion with their clients, and then create a tax return. In today’s world, that means creating and managing working paper files, controlling source documents, and keeping track of tax differences. It means moving information from tool to tool with multiple trips back to the client for clarification. And all of this happens after the fact, behind the scenes.
Why does it take so many tools, so many steps, and so much time just to get the job done? It doesn’t have to.
We offer a single tool designed for accountants who want to work collaboratively with their clients.
We start at the source, with client accounting, then apply accountant adjustments, create working paper files, and store supporting documentation. We track compliance activities, calculate depreciation, monitor trends and ratios, add benchmarking, and then produce tax returns. All in one tool.
Clients get what they need in the form of real time dialogue with a knowledgeable advisor and accountants have information in a format they can use — during the year. Everyone has access to shared dashboards and financial statements that reflect accurate business results as they happen, not a year later.
That’s why we call it financial alchemy. In the hands of an accountant, Yupana changes not only a client’s understanding of his business, but also the nature and value of the relationship between that client and his CPA. Numbers and people come together in a single transformative process that creates gold.