How CompanyOn Can Help You Have An Online Presence

How CompanyOn Can Help You Have An Online Presence

How CompanyOn Can Help You Have An Online Presence

In the modern-day and age, having an online presence is important for the success of any business. The vast majority of customers and clients search a business online and get their first impression of your independent practice through your social media accounts and website.

 

 

Therefore, unless you have an eye-catching, attractive, and easy-to-use online presence, you are going to find it difficult to attract consistent business, especially in these tough COVID-19 times. Now more than ever, all trade, purchases, and communication are being done on the web, thus thrusting your socials and website to the forefront even further than before.

Through our online services feature, creating a subdomain within your CompanyOn account, not only allows you to send online forms, book your services online, but it also offers you the ability to create your own online presence to showcase your practice and the many services that your business has to offer to the world. Simply put, having an online presence will boost the success of your independent practice.

The subdomain created for your online services is unique to your practice and can be added to your business cards or any advertising you have for your business. Your Clients will be able to access it at any time, from anywhere.

To learn more about these benefits and many more, sign up for your free trial or book a demo. Don’t just take us at our word with regards to these many benefits either, have a look through our positive customer testimonials online to see how our services can improve your solo practitioner business today!

With CompanyOn by your side, business really is that simple.

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Professional and Business Liability

Professional and Business Liability

Professional and Business Liability As a Solo Practitioner

One important question that many independent practitioners ask, especially during these COVID-19 times, is ‘do I need additional protection?’

 

 

All nurses, including those who are self-employed, are required to practice according to their regulator’s standards of practice and bylaws. Some are particularly important for self-employed nurses.

As self regulated professionals, nurses are responsible and accountable for the care they provide. A high level of responsibility falls upon their practice, not only to provide the best care possible, but also to follow a rigorous set of standards of practice.

Straying from them or providing sub-par care can result in complaints to the regulator and/or a legal process if the client feels as if they have precedent for a case against a nurse’s practice . While it should always be the goal to avoid such scenarios and treat clients with competence, leaving oneself practice open to a lawsuit is simply naïve.

It has been known for clients to take legal action against nurses when alleging that they suffered harm as a result of the care. Although medical malpractice liability Insurance could be an annual benefit provided to nurses as part of registration with their regulators, private clinics and businesses can also be named as defendants in these kinds of cases if the client alleges mistreatment. Therefore, should you run your own practitioner business, it is advised that you carry out your additional protection for your business.

Your personal business legal advisor can assist you when determining the type of protection needed, as well as the extent of the coverage. Many practitioners also take out ‘business-type’ coverage in order to cover any and all risks associated with infrastructure. 

For more information on professional liability, please contact your regulator. They have additional resources that can guide you in making the right decision.

Best Practices On Risk Management and Quality Assurance For Solo Practitioners

It is important for regulated solo practitioners to be committed to ongoing quality improvement and risk management of their practice. Ensuring safe and efective provision of care services is paramount for the establishment, maintenance and growth of any business.

One key step to accomplish this, is committing to developing policies and procedures that address risks and quality assurance of your private practice

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8 Ways In which Adopting Electronic Invoicing Can Significantly Impact Your Practice and The Way You Care For  Your Clients

8 Ways In which Adopting Electronic Invoicing Can Significantly Impact Your Practice and The Way You Care For Your Clients

8 Ways In which Adopting Electronic Invoicing Can Significantly Impact Your Practice and The Way You Care For Your Clients

Invoicing is an integral part of any solo practitioner clinic, however, there is no reason why you should be investing hours of your own precious time in it or investing funds that you may not have at hand to pay someone else to keep track of your financials.

 

 

When it comes to working as a solo practitioner, it can often feel as though you are running a one-person army. Besides the client treatment itself, the multitude of tasks to be completed around the business can become far too much for one person to handle. However, few solo practitioners can afford to take on extra help in the form of employees. That’s where CompanyOn comes in!

We at CompanyOn take advantage of the latest cutting-edge technology in order to bring you, our customer, the very best business services possible. These services are designed to take the workload away from you, freeing you up to concentrate on the important stuff, client care.

Invoicing is an integral part of any solo practitioner clinic, however, there is no reason why you should be investing hours of your own precious time in it or investing funds that you may not have at hand to pay someone else to keep track of your financials.

Our electronic invoicing processing is specifically crafted to thrive in small-to-medium-sized businesses. The faster your business invoice processing and cash flow management is, the faster the inflow of business revenues.

Manual paper-based invoices face lots of challenges that adversely affect the business in the long run. Invoice automation solves the inefficiencies caused by human error and increases productivity while promoting better billing processing for your clients.

Following are 8 ways CompanyOn’s electronic billing process benefits your business

1. Time Savings
An automated billing processing system reduces time, effort, and costs. With a click of a button, CompanyOn automatically creates an invoice for your service, either prior or right after your service is provided.

2. Risk Management
Automation helps reduce processing times while helping you keep track of all transactions. You can focus on more important matters regarding your practice and patient engagement while outsourcing through automation the invoicing processing. Additionally, reports created through this automation helps you monitor discrepancies during the whole billing processing.

3. Tax compliance and reporting
Electronic billing saves your business time and work when complying with tax requirements. Tracking all expenses, income, or missing invoices are completely preventable.

4. Avoid human entry errors
Tracking invoice payments takes time, focus and a lot of work. More so, when relying on paper-based invoice payments. A simple mistake can completely derail the work done and waste precious time you don’t even have.

5. Improved cash flow
Electronic billing processing helps your business control and create accurate reports of all transactions. Improving workflows and speeding up the payment processing

6. Customized billing
An automated billing process helps you customize your payments in a manner that best suits the practice needs and that of your clients. You can invoice directly to your clients or third parties if required.

7. Improve communication with clients
Automated invoices allow your practice and your clients to be on the same page when it comes to getting paid for your services. Your clients can either confirm, dispute, or seek clarification on an invoice in real time.

8. Automated receipt tracking for accurate follow-ups
Electronic billing helps your business when it is time to account for all transactions.

With CompanyOn, you can customize the invoicing process to suit your individual needs to ensure that your business runs like a well-oiled machine. With professional-looking proposals, estimates, scheduling, business profiles, and more, your clients will be blown away by your capabilities!

To learn more about these benefits and many more, sign up for your free trial or book a demo. Don’t just take us at our word with regards to these many benefits either, have a look through our positive customer testimonials online to see how our services can improve your solo practitioner business today!

With CompanyOn by your side, business really is that simple.

Ready to make the switch?

Try Our Platform Free for 14 days.

See CompanyOn in Action

Schedule A Free 1:1 Personalized Demo

Ten Simple Principles to Manage Patient Data and Meet Legal Requirements

Ten Simple Principles to Manage Patient Data and Meet Legal Requirements

Ten Simple Principles to Manage Patient Data and Meet Legal Requirements

For many of us understanding how to manage patient data as a business and as regulated professionals at the same time, could be difficult.

 

 

BEST PRACTICES TO PROTECT THE PRIVACY OF YOUR CLIENTS IS GOOD FOR YOUR BUSINESS.

As more people become aware of their rights regarding handling their personal information, research tells us that the more they trust an organization, the more likely they are to do business with them. Establishing privacy guidelines within your practice is your opportunity to demonstrate that you deserve their trust—and their business. At the end of the day, your business is responsible for protecting the personal information you have collected.

In response to these challenges, we put together a white paper that provides ten simple princeples to manage patient data while meeting legal requirements. The principles are based on the Personal Information Protection and Electronic Documents Act (PIPEDA) which is the federal law that applies to private health practitioners’ personal information handling practices.

To learn more about these benefits and many more, sign up for your free trial or book a demo. Don’t just take us at our word with regards to these many benefits either, have a look through our positive customer testimonials online to see how our services can improve your solo practitioner business today!

With CompanyOn by your side, business really is that simple.

Book a
Demo

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Schedule A Free 1:1 Personalized Demo

8 Ways In which Adopting Electronic Invoicing Can Significantly Impact Your Practice and The Way You Care For  Your Clients

Bookkeeping best practices: Take Control of Your Business Finances

Bookkeeping Best Practices: Take Control of Your Business finances

When it comes to working as a solo practitioner in these testing COVID-19 times, it is important to ensure that you have all bases of your business covered.

 

 

Many solo practitioners do not have the money to invest in extra employees for tasks such as appointment booking and bookkeeping, meaning they have to become a one-person army in order to stay on top of everything. Fortunately, we at CompanyOn know exactly how difficult this can be and have designed our services and systems accordingly.

What is the difference between bookkeeping and accounting?

Many people confuse bookkeeping and accounting, but these two fields could not be further apart. The greatest distinction between the two lies in their goals, with the former designed to record and the latter implemented to analyze the financial health of a business. Bookkeeping is administrative, accounting is analytical.

Why bookkeeping matters?

  1. Gives a clear financial picture
  2. Catches tax deductions
  3. Helps to get business loans
  4. Catches financial mistakes
  5. Saves time
  6. Saves money

How CompanyOn can help you manage your books?

Our platform allows users to track any and all expenses coming out of their business, as well as all transactions that take place in the day to day running. This bookkeeping tool is a must-have for all solo practitioners in order to see dramatic savings in both time and money, as well as a decreased risk that any mistakes will be made. With our platform all your bookkeeping needs are cover:

  • Record financial transactions
  • Issue invoice to customers
  • Produce reports on all expenses and transactions

Think of bookkeeping as an accountability buddy, tracking your daily income and expenses, while holding you accountable for managing your own money. This way, you always know what’s happening within your business’ bank account and can continue to make the best financial decisions possible.

To learn more about these benefits and many more, sign up for your free trial or book a demo. Don’t just take us at our word with regards to these many benefits either, have a look through our positive customer testimonials online to see how our services can improve your solo practitioner business today!

With CompanyOn by your side, business really is that simple.

Ready to make the switch?

Try Our Platform Free for 14 days.

See CompanyOn in Action

Schedule A Free 1:1 Personalized Demo