New Feature Alert in BanditConnect: TaxBandits’ Workflow Reminders Feature for Tax Pros

With workflow reminders, you can easily stay on top of deadlines, reduce manual follow-ups, and keep your reporting process running smoothly.

Stephanie Glanville | October 4, 2024 | Read time: 7 minute(s) | BOI Reporting, TaxBandits Features | No Comments

TaxBandits keeps finding ways to make a BOI reporting process for you and your clients easier than ever by introducing various intuitive features.

As you know, TaxBandits offers BanditConnect, a robust client management feature that ensures information is shared securely and efficiently, enhancing communication and collaboration. This platform provides a safe and seamless way to exchange information with your clients. Now, here comes a new addition to BanditConnect – Workflow Reminders!

This addition is designed to enhance the client collaboration and the review process further, ensuring that they are started, completed, and reviewed promptly. With workflow reminders, you can easily stay on top of deadlines, reduce manual follow-ups, and keep your reporting process running smoothly.

This feature integrates seamlessly into your existing workflow, providing a streamlined approach to managing BOI reports with even less manual effort.

In this article, we will explore how to use these reminders, focusing on three key settings effectively.

Benefits of the Workflow Reminders Feature

Managing the BOI reporting process for multiple clients, each with different deadlines and requirements can be challenging. Ensuring everything is completed and ready for FinCEN submission on time can feel overwhelming.

That’s why we created Workflow Reminders! After sharing the BOI report with your client, you can enable Workflow Reminders to help them stay on track throughout the process.

Here’s an overview of the different reminders and how they can streamline your process, reducing stress for both you and your clients.

Start BOIR

Scenario: Your client hasn’t started the BOI report that you shared with them.

After sharing the BOI report with your client, if several days pass without any action, there could be a number of reasons for the delay. But, a delayed start might put the timely completion of the report at risk.

Solution: Set up an Automatic Reminder for the reports that are pending

With the “Start BOIR” feature in TaxBandits, you can easily set up an automatic reminder that prompts your client to start the report. You choose how many days after sending the report the reminder should be sent. This way, your client gets an automatic email reminder to begin the report, helping to keep everything on track without you needing to follow up manually.

Incomplete BOIR

Scenario: Shared Reports have been idle for a certain period

Sometimes, a client starts working on a BOI report but then leaves it incomplete for an extended period. This could happen if they get busy or encounter issues they don’t know how to resolve. An idle report can also lead to delays and result in potential penalties for missing the deadlines.

Solution: Setting Up Automatic Reminders for Incomplete Reports

With the Incomplete BOIR feature in TaxBandits, you can schedule automatic reminders to be sent to your client if the report remains idle for a certain number of days. This reminder encourages your client to return to the report and finish it, ensuring that the reporting process continues smoothly without unnecessary delays. This feature helps you keep everything on schedule, minimizing the risk of last-minute filing.

Review BOIR

Scenario: The report has not yet been reviewed by the client

You’ve completed the BOI report and sent it to your client for their review and approval, but days have passed, and the report remains unreviewed. The client might be busy or have simply ignored it, but this delay can disrupt the entire reporting process.

Solution: Scheduling Automatic Reminders for Report Review

The Review BOIR feature in TaxBandits allows you to set up automatic reminders that prompt your client to review the report. You can schedule the reminder to be sent after a specific number of days, ensuring that the review and approval process happens promptly. This helps keep the reporting workflow on track, avoiding unnecessary delays.

To see this new feature in action, check out this video!

The Bottom Line

TaxBandits offers a comprehensive solution for filing BOI reports efficiently and easily. The workflow reminder feature is designed to keep your clients on track, ensuring that reports are started, completed, and reviewed on time through BanditConnect.

In addition to workflow reminders, TaxBandits provides a secure and user-friendly platform that simplifies BOI reporting from start to finish. With advanced features like secure BOI e-filing, detailed tracking, and real-time status updates, you can confidently manage your clients’ reports accurately and efficiently.

By choosing TaxBandits, you’re streamlining the BOI reporting process and enhancing your ability to serve your clients efficiently and effectively.