Established in 1940 and with over 30 offices across Quebec, Mallette offers its clients impeccable accounting and financial services. This firm is among the 10 biggest approved professional accounting firms in Canada and describes itself as “a business where human and professional relationships are marked by integrity and respect, a business where the directors’ leadership encourages efficiency and mutual assistance in action.”

The Mallette family has over 1,100 employees boasting experience in the fields of certification, taxation, consultancy, actuarial services, immigration, and insolvency. In contrast to traditional accounting firms, Mallette entrusts its management and development sectors to mixed working regional and provincial committees which, according to the firm, enable it “to integrate new clear guidance within a short period”. In addition, Mallette is a member of TAG, the international and multidisciplinary alliance of professional and independent services firms.

With decades of experience, the firm was able to adapt to new trends relating to accounting, which is illustrated by the adoption of new know-how.

Enter the World of Cloud Accounting

For Mallette, the change has been made in response to the digital economy. According to Technopedia, the digital economy is “a term referring to all processes, operations, interactions, and economic activities that rely on digital technologies.” These technologies continue to progress very rapidly and client expectations are changing at the same rate.

According to Réjean Lemieux, a partner at Mallette:

“The new generation of entrepreneurs pushed us to move to digital. Effectively, this wave of entrepreneurs wanted access to their accounting information in a fast, reliable, and accurate way.”

As a firm offering accounting, financial, and strategic expertise to its clients, Mallette was fully aware of the need to take changing priorities into account. The firm considered the numerous cloud accounting options before choosing QuickBooks Online, an Intuit solution.

QuickBooks Online is more than simple accounting software, it allows its users easy access to their information, allows them to accept payments, to track their expenditure and income, to create invoices, to monitor their work travel, and even to manage their inventory.

Although Mallette clients expect to benefit from the advantages of an online service with regard to efficiency and growth, they still have a particular concern: security.

“The fact that information is stored in the cloud always creates a certain level of stress for clients, since this new technology often turns out to be abstract for them. Our role is to explain the way it works and its benefits to them and to reassure them about its security aspect,” explains Mr. Lemieux.

At Intuit, security is an ongoing responsibility. The performance of the service and the production equipment are monitored by staff and automated tools, which protects clients against high tech security breaches, power outages, and natural disasters. Therefore, client data is secure.

Mr. Lemieux also adds that, in the event of IT problems, the cloud accounting solutions show themselves to have invaluable scope, and we note that our clients only reap the benefits.

The Future with QuickBooks Online

Mallette strives to offer its clients innovative solutions that are suited to their current and future needs.

“The greatest benefit of cloud accounting is found in the fact that we are always available in real time for our clients, without forgetting that it enables us to make considerable improvements to our efficiency and in meeting our deadlines,” says Mr. Lemieux.

By adopting cloud accounting and by linking it to QuickBooks Online, the accounting firm found a route to success for its team and its clients. To find out more about Mallette, contact the firm now.