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Newport Dental offers specialist qualified procedures for tooth-related problems including Invisalign braces, root canal treatment and wisdom teeth extraction.
Challenges:
For years, Newport Dental outsourced their accounting to an external firm. When they started incorporating contactless payments like PayNow and Apply Pay into their business, they had to contend with a higher volume of transactions every month.
To exacerbate matters, their existing accountant’s work was becoming error-prone and costly as they were not particularly tech-savvy—financial tracking was cumbersome and status updates were nonexistent.
Solution:
Counto’s accounting team proved to be the cost-and-expertise-effective solution they were looking for.
The clinic’s migration onto Counto’s online platform meant:
- The Newport team could snap photos of invoices and documents, then upload them—while out and about.
- All that data was securely stored and accessible online.
- The owners could check in on how their clinic was doing and make predictions about upcoming revenue and expenses.
- They got accurate financial statements every month.
- Since Counto’s prices were revenue-based and allowed for unlimited transactions, the clinic was able to keep costs down.
Outcome:
Not only was Newport able to find a bookkeeping solution that kept up with its ballooning transaction size, the clinic could get more granular with their customers’ data and provide a better experience for them.
When it came to taxes, Newport’s initial anxiety was replaced with relief when they realised that:
- Counto would file their tax return as part of their accounting plan.
- At no extra cost.
Besides providing peace of mind, the transition of Newport’s accounting to a highly automated process also gave the owners more time and resources to focus on other key areas of their business.
How about the money saved? We hear it’s going towards procuring more high-tech dentistry equipment.
Want to learn more about how we can help businesses like yours do accounting in the most cost-efficient way? Speak to us instantly on our chat bot or contact us today!
