Manchester, NOV 29, 2022 - GoProposal by Sage, the pricing & proposal software for accountants & bookkeepers, today announced the launch of a stand-alone app providing OverSuite, their engagement letter software for accountants.
OverSuite actively supports accountants & bookkeepers to remain profitable, stay compliant and minimise risk with every client engagement.
Originally launched as an add-on feature to the GoProposal solution in 2021, it was the first of its kind to market, providing customers with a library of engagement letters adapted to their firm, built & updated by experts every quarter, allowing accountants to create, send & receive signatures from customers instantly.
From 29th November, OverSuite will be available to all UK accountants as an entirely separate app – the first time a standalone offering to build and manage letters of engagement has been available.
“Building a library of engagement letters has often been an impossible task for many accountancy firms. The letters need to be robust and provide the protection they need and be clear so that both accountants and clients understand their responsibilities,” said James Ashford, Founder & VP of GoProposal by Sage
“Typically, accountants source engagement letter templates which they have to decipher and correctly assemble into a suite of fully compliant documents. Oversuite solves this challenge by automatically building a set of compliant engagement letters and keeping them up to date with regulatory changes.”
Getting compliance right and managing it well is a problem many accountants struggle with. OverSuite is designed to remove the barriers to compliance for accountancy practices and sole practitioners who do not have an inhouse legal team.
Supporting the Accounting Industry with market-leading innovation
After two years of continued growth at GoProposal, the standalone version of OverSuite will further support accountancy businesses to engage with clients quickly, transparently & professionally whilst meeting the latest regulatory obligations.
It comes at a crucial time, enabling accountants to build and deliver a confident and profitable plan for Making Tax Digital (MTD) that minimises disruption and maximises their opportunity. It will achieve this by:
• Promoting strong relationships with clients through transparent wording in plain English
• Reducing risk by setting clear expectations between accountant and client
• Kickstarting compliance with a wizard that enables accountants to set up their library of engagement letters in under ten minutes
• Enabling accountants to significantly reduce the time Engagement Letters take to execute with a robust library to cover all client types
• Auto-updating for members with every regulatory change informed by compliance experts
"Having OverSuite in the business gives me complete peace of mind that the paperwork that we're sending out and that we're operating under and within is right said,” Phil Ellerby, Northern Accountants LTD
About OverSuite from GoProposal
Ensuring accountants are compliant with every client, OverSuite provides smart engagement letters that adapt to individuals and their practice needs and are auto updated to the highest industry standards.
For more information, visit oversuite.com, or follow us on LinkedIn, Facebook, Instagram, and Twitter.