On Launching An Office Management Software And Growing Revenue 60% Annually

Hi, I am CA Himanshu Osatwal, Indian Chartered Accountant by Qualification and Founder of MyTask, India’s Most Popular Practice & Office Management Software for Chartered Accountants and Tax Practitioners.

Legal Deadlines in India can be very stressful. Consider a practical example, say, there is a Chartered Accountant (CA) practicing in India with a staff of 10 and providing various services like income tax, GST, audit, etc. Based on actual factual data, on average a firm of this size normally provides about 5000 services in a year out of which typically 60% of services i.e about 3000 services have legal deadlines spread in 4 months (July to October) of the year. Hence, 60% of the work has to be done 35% of the time. Problem gets even worse because about 50% of clients turn up in the last 15 days of the legal deadline. So, approximately practically 1500 services have to be provided in 15 Days !. A Practicing Professional can now understand the pain and can understand why services management is very important.

Moreover, the articles/staff attrition rate is about 30% each year, hence considerable time is also spend on staff training.

Some of the major management challenges in the practice that comes before him are:

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