Before

Accounting Workflow

  • Desktop accounting software

  • Paper-based workflow

  • Poor visibility over performance

  • Delayed and inaccurate quarterly bookkeeping

Reporting to Board

  • Delayed reporting

  • Inaccurate financial information

  • Lacking relevant detail

 

Payroll

  • Manual cheque writing to all employees

  • Manual monthly payment to CRA

  • Paper-based pay-stubs

  • Manual T4 and ROE filings

AFTER

Accounting Workflow

  • Cloud-based accounting software - Xero

  • Paperless (bills and receipts)

  • Real-time financial information

  • ConnectCPA provides highly automated and timely monthly bookkeeping

Reporting to Board

  • Timely monthly reporting

  • Consistent and accurate financial reporting

  • Calculations of monthly runway and burn rate

Payroll

  • Employee payments by direct deposit

  • Payment to CRA made automatically with every pay-run

  • Custom portal for employee pay-stubs

  • Electronic T4 and ROE filings

Our Technology Solution

Xero, Wagepoint, Plooto, Online Accounting
 

Growing companies need dynamic solutions and support.

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We have seen both sides of the coin. We transitioned to ConnectCPA from a traditional firm over two years ago and have not turned back. Over that period of time, our revenue has increased by a few hundred percent and we were recently listed on PROFITguide.com as one of the fastest growing Canadian startups. From technology to tax planning, ConnectCPA has helped us every step of the way!
— Corey W., Co-Founder