CPAs have had to deal with a significant amount of technological evolution in their careers, particularly in the past decade as the Internet and personal computers fundamentally changed how people communicate and collaborate around accounting work. The conservative nature of accountants has most often placed them into the category of “settlers” within the technology adoption curve, waiting for “pioneer” firms and clients to thoroughly test, standardize, and prove there is a return on any technology investment before jumping on board. This has also been the case for workflow applications in firms, with those that have already integrated workflow tools finding they are leading to significant time savings and helping the firm to service clients more effectively, so it’s time for the remaining firms to take a look.
Firms have traditionally used Practice Management projects, spreadsheets, and manually updated lead sheets attached to tax documents to manage the workflows in their firms. The issue with manual systems has been that they are difficult for everyone to get access to the latest information and that they had to be updated and reconciled
It’s that time of year again and, as Black Friday looms, here is a little help constructing the perfect gift wish list. Being a gadget lover, my list, as well as Xcentric’s, is always full of toys for the technologist. Perhaps you will find a few you like. Here we go…
First on the list is somewhat a repeat from years past, however it is certainly a device that I would replace inside of a day if mine ever faltered. Used daily at my house, the Roku 3 is the newest version of the popular and very versatile streaming box. New in this release is a headphone jack on the remote to enable silent use of your TV. Bringing digital media from over a thousand sources, the Roku can stream from sources such as Netflix, Vudu, Pandora, Spotify, Aereo, as well as the newly added WatchESPN, making it a one stop box for all your home entertainment needs.
Everyone loves receiving gadgets, but the application is sometimes amiss – hence why we have a new section in this year’s holiday edition of the Partner Brief: Office Place Gifts! By using the excuse of the office we can further justify the purchase
Personally, I still enjoy writing notes in meetings (and I think the other person(s) in the meetings prefer this as well) versus typing them out on a tablet. I am a huge Evernote fan (you should check it out), which makes this tool even more appealing since my notes can end up in my Evernote application.
Holidays represent a lot of different things to different people. One thing they represent to me is a little more leisure time that I like to spend reading. There is something special about it being cold(er) outside – a hot cup of coffee (or toddy) in one hand and a book (or kindle) in the other hand. I relish these times each year and thought it a perfect opportunity to share what is/has/will be on my reading list that I recommend for other folks to check out.
*Disclaimer – I don’t read fiction…so I am sure there are some good fiction books out there, but I don’t know of them.
Somewhat of a grim title but it is nothing of the sort…well, it is kind of a shocker. In essence: where is technology leading us as a culture and the good and bad of it. It was a book written for the 21st Century in the 20th Century!
Every year, the CPA Practice Advisor nominates your vendors and technology providers to win various categories in the Readers’ Choice Awards. Xcentric has won #1 Outsourced Technology Services provider for the past several years. This year, we are also in the running for best ASP/Hosted Solution Provider. We would love to win both of those awards and can with the help of our clients and partners.
CCH recently came out with a new white paper, CPA Firms Succeeding in the New Economy. This paper discusses a study of several CPA firms during the current economy and how they have been successful. Make sure you pay extra attention to page 13, where our own Roman Kepczyk is featured in an expert spotlight where he discusses five technology trends.
Click here to get a copy of the white paper.
Did you miss Roman Kepczyk’s Cpa2biz webinar, Optimizing Workflows to Increase Profitability and Improve Client Service in the Cloud? Don’t worry, you can download it here.
In this session, Roman discusses how you can:
Proactively respond to clients evolving needs in order to be the firm of choice
Step beyond legacy production processes and use workflow to provide information at your fingertips
Identify how to build quality into client interactions, tax preparation, and review processes, to maximize tax production profits
Streamline audit bottlenecks with remote access to workflow
Leverage cloud accessibility to optimize administrative processes and promote staff retention