Month: October 2020

Features that Car Owners Would Like to Find in a Car Insurance Mobile App

Like most industries, the car insurance business is faced with greater challenges of keeping up with the changing lifestyle of car owners under the new norm. The need to be more competitive with offers, must also take into account that today’s customers particularly the millennials, have a penchant for mobile technology. They shop around not just for coverage, but also for innovations that will make it possible for them to save time and money in getting all processes done through their smartphones.

Car insurance companies cannot dismiss the new trend as just another passing fancy because as it is, every industry including the government sector, now operates online and by way of digital technology. Still, while a car insurance mobile application is a factor that can attract a potential customer’s attention, there are features that can make some car insurance apps more desirable than the others.

After all, shopping around for a reasonably priced car insurance policy with adequate coverage is no longer as daunting as it used to be. There are now websites that can provide information about the nearest car insurance companies in a specific location; along with real data that enables a customer to make side-by-side comparison of quotes. One such website is Car Insurance Near Me, which has a compilation of info on nation-based average costs of insurance per state, minimum requirements per state, average costs of insurance based on brand and similar other useful data, all for making informed decisions.

Features that Car Owners Would Like to Find in a Car Insurance Mobile App

While there are websites that can provide real time quotes, rates and requirements, those looking for insurance providers will also compare the capabilities of their mobile app. Below are some examples of features that potential customers look for in a provider’s mobile car insurance mobile app:

Simple but full process automation of insurance claims in case of car-related mishaps and incidents.

All-in-one approach particularly for full insurance coverage on damage or loss of car, legal responsibility to a third party, and the potential medical costs.

Capability to provide an on-demand request that becomes useful in emergency situations. There are instances when a person who has to drive a car for a long trip, but not fully subscribed under a travel insurance plan. An app’s capability to process even at least a temporary insurance on demand at any time is a worthwhile app feature.

Data analytics, a feature that works only if an app is hooked up with a special device installed in the automobile.The app can perform analysis and assessments of car and driver data collected by the device, This permits the insurance firm to monitor the actual mileage of the car as well as driving style of the car-owner to establish the cost of the policy.

While this feature may seem to favor the insurer, the car owner on the other hand, will be more safety-conscious in knowing that his or her driving style could increase the cost of the car insurance coverage.

How to choose accounting software correctly

Writing invoices, preparing annual financial statements, and keeping an eye on the account: good accounting software makes accounting a play just like playing games in kiss918 site.

The analysis criteria for comparing accounting software

User-friendliness: This was about questions of mobile use and the automation of booking processes as well as user guidance.

Functional scope: If the processes for creating offers and invoices are well covered, there is a cash book, a VAT VA and an EÜR can be created and other important functions.

Interfaces: Is there an ELSTER interface and functions that facilitate data exchange with DATEV and the tax consultant. The latter is important for optimizing the preparatory bookkeeping.

Support from the manufacturer: This area includes questions as to whether there is a manual, videos or, for example, an FAQ area and whether the user can request help by phone or email.

If you buy accounting software, this 4-step process for comparing the accounting programs can help

  • Needs analysis: Investigate the areas in which the accounting program should relieve you. Is it the creation of offers and invoices or, for example, document management?
  • Analysis of the provider according to the 4 criteria: usability, functional scope, interfaces and support
  • Use the test phase
  • Final decision and implementation

Advantages of booking yourself

Preparing receipts and documents for the tax advisor involves work. So if there is a way to digitize receipts quickly and easily, then there is a lot to be said for booking it yourself. If you’re using accounting software that digitizes these documents quickly and reliably, then there’s no reason you shouldn’t.

If the number of your receipts per month or per year is low, you can do this in no time. If you also use simple bookkeeping, you can even do without a tax advisor entirely.

Disadvantages of booking yourself

The more complicated your business processes, the higher the risk of making mistakes. Deliveries to other EU countries are a good example of this. Complicated VAT regulations apply here, and mistakes are costly. The same applies to the determination of profits. Creating an EÜR is usually easy to do if the scope of the bookkeeping is small. The EÜR becomes treacherous when it comes to complicated questions about the valuation of fixed assets or special tax issues.