2011 AICPA TECH+(Day 2): CPA Firm Tools Showcase
Jun.20, 2011 in Cloud Computing, CPA Cloud, SaaS
by Linksku
Copanion GruntWorx (Edward Jennings, CEO):
- SaaS solution that is accurate, easy to use and secure. Requires NO IT infrastructure
- Tax document automation
- Manage clients and the return submission process in the Dashboard and Client Details page
- Client uploaded and auto-retrieved documents flow back into the Client Details page for Processing
- Download completed jobs to document management system or networked hard drive
- Deliverables are PDF, Excel, & Data: GruntWorx Populate integrates with GoSystem Tax ES, ProSystem fx Tax, and UltraTax CS
XCM Solutions (Mark Albrecht, CPA, MST, CEO):
- Workflow built for the accounting industry
- Solves the Who / What / When questions
- Instant access to information with a click of a button
- Automated Tracking system
- Dashboards to bring visibility
- Everyone has their own homepage that reflects the To-Do list they are responsible for
- Average of 108 minutes of savings per day
- Hosted environment
Bill.com (Rene Lacerte, Founder, CEO):
- Cloud based system: Bank-level encryption, SAS70 Type II audited, FDIC-insured funds, Role-based controls, Audit trail of approvals and payments, Verisign secured, redundant data centers, Automated Data backup.
- Focus on the process not the transactions
- Digitize and share all financial documents
- Automate workflow
- Pay securely and faster while making it easy to get paid
- Mobile app: access multiple accounts from any mobile phone. View and approve bills from anywhere.
- Works with QuickBooks, Writeup CS, Sage Peachtree, Intacct, Netsuite
- Branded portal for Client’s customers
Paychex (Darlene White, Marketing & Business Development Manager):
- Processing payroll for any size firm!
- Secure, Cloud-based application
- Single sign-on to access all clients
- Simple and very easy to use GUI
- Payroll could be done in less than 5 clicks
- Reports are simple, designed by accountants for accountants
- GLRS integrates with accounting software
Confirmation.com
- Improves efficiency and controls the process
- Paper confirmation process is inefficient. It takes 4-6 weeks to complete, 30 or more steps to complete and it is difficult to track (neither the CPA nor the responder are validated).
- Reduces exposure to fraud and confirms all accounts (AR, AP, Bank, Investments etc)
- Integrates with the three largest audit software packages: CaseWare Working Papers, CCH fx Engagement, Thomson Reuters Engagement CS
- There is an app for that (iPhone app)
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