Qount, an artificial intelligence-driven practice intelligence platform for public accounting firms, unveiled on Thursday its enhanced 1099 Workflow solution, designed to transform a time-consuming and stressful task during tax season into an efficient, automated experience.
With features like bulk client enrollment, QuickBooks Online sync, W-9 OCR, and QAI-powered chart of accounts mapping, accounting firms can manage the entire 1099 cycle—from client onboarding to filing—within a single system, the Plano, TX-based company said in a Sept. 25 media release.
“The 1099 filing season has always been defined by late nights, scattered spreadsheets, and deadline risks,” Sarika Arora, chief product officer at Qount, said in a statement. “Qount’s 1099 automation gives firms control and visibility, allowing them to prepare earlier, eliminate errors, and deliver a smoother client experience.”
Key benefits include:
- Up to 67% reduction in time spent chasing client and vendor data.
- As much as 50% faster cleanup, review, and filing.
- A January workload of 400 hours can be cut in half.
- Earlier readiness shifts work into Q4, smoothing staffing and improving client satisfaction.
- A consolidated audit trail to streamline reviews.
Phase 1 of the beta release is now live, with phase 2—direct e-filing—set to arrive later this year.
More information about Qount’s 1099 Workflow solution can be found here.
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