digital tools streamline audit production

businessman is examining document and woman is working on laptop computer in backgroundsay good-bye to your old friend “saly”

by roman h. kepczyk
quantum of paperless

traditional audit practices use the previous year’s audit programs and processes updated for the current year as their standard operating plan.

more on tech spending: tech tools for today’s properly equipped field audit teams | accounting firms run on more than checklists alone | going paperless means convincing clients first | how to cut tax prep costs with scanners | making digital tax process easier is all about the workflow | why firms need document retention standards | is your network drive a disaster waiting to happen? | intranet is the best place for firm knowledge | digital fax has benefits you may be ignoring

eventually this can lead to a significant amount of “overauditing.” breaking this habit is difficult as every level of staff has been trained in the manual processes and falls back on them when deadlines approach. read more →

tech tools for today’s properly equipped field audit teams

accountant searching for lawsthe right monitors, scanners and web tools.

by roman h. kepczyk
quantum of paperless

the advent of today’s audit “document container” applications has transitioned every aspect of audit production into a digital format.

more on tech spending: accounting firms run on more than checklists alone | going paperless means convincing clients first | how to cut tax prep costs with scanners | making digital tax process easier is all about the workflow | why firms need document retention standards | is your network drive a disaster waiting to happen? | intranet is the best place for firm knowledge | digital fax has benefits you may be ignoring | wireless is hot, and here’s how to handle it | how safe is your internet lifeline? | new tech tools for the 24/7 accounting firm

the key to successfully using these engagement applications is to make sure your personnel have the optimal equipment with them to work digitally. this includes:

  • monitors,
  • scanners and
  • internet connections.

read more →

accounting firms run on more than checklists alone

business man pointing the text: duplicate successhow savvy firms capture their best practices and foster continuous improvement.

by roman h. kepczyk
quantum of paperless

every firm has accountants who are 10 percent, 20 percent or even 50 percent more productive in their departments than other personnel because they have simply “figured it out.”

more on tech spending: going paperless means convincing clients first | how to cut tax prep costs with scanners | making digital tax process easier is all about the workflow | why firms need document retention standards | intranet is the best place for firm knowledge | digital fax has benefits you may be ignoring | wireless is hot, and here’s how to handle it | how safe is your internet lifeline? | new tech tools for the 24/7 accounting firm | when to adopt microsoft’s new office apps

unfortunately, when these people leave the firm, their unique knowledge of specific processes and shortcuts goes with them. read more →

going paperless means training clients, too

stock image of businessman pushing a giant stack of documents isolated on white backgroundand putting a fail-safe system in place.

by roman h. kepczyk
quantum of paperless

one of the most critical steps in transitioning a firm to a “paperless” environment is capturing information in a digital format at its “root” source as that information enters the firm.

more on tech spending: how to cut tax prep costs with scanners | making digital tax process easier is all about the workflow | why firms need document retention standards | digital fax has benefits you may be ignoring | wireless is hot, and here’s how to handle it | how safe is your internet lifeline? | new tech tools for the 24/7 accounting firm | how to choose the right backup system | where laptops rule at cpa firms today | step 1 in building the paperless firm: scanners

at the base level, this means having clients provide you information in a digital format — which can be done via email, digital fax or through a portal — rather than with a physical document.  while email is currently the most prevalent tool utilized by clients, it is anticipated the security concerns will help clients transition toward portals.

read more →