Workflow is key to for a successful Business Process Management solution. Workflow helps us streamline our business processes – audit, tax, engagement letter, client acceptance, etc. – by automating the routing and approval of documents. It works great if all the steps are sequential and relationships are 1:1. However, if the 1:1 relationship is broken… Read More
CPAs know that generating engagement letter content and tracking approval can become complicated and that complications don’t arise in a predictable way. The complications of engagement letters can come at any time, in any job, but they often arise in places you’d least expect them to. For example, in straightforward engagements with long-term clients—the kind… Read More
More and more accountants are saying that there is no longer a “Busy Season”. Instead there is always work to do, however there are specific deadlines throughout the year that create peaks. April 15th is definitely a top contender on the list of important dates. Equally as important is October 15th. Once October 15th comes… Read More
You’re staring at an inbox full of emails, a calendar full of appointments and you see that daunting blinking red light on your phone. Your heart starts racing and you quickly wish you were in your backyard enjoying a nice summer evening BBQ. However, it’s 10am on a weekday, your kids are back at school… Read More
We all know that Engagement Letters are necessary for properly outlining the scope of work, cost, the expectations of your client and your firm, and the time to completion. Unfortunately creating and executing the letter has become a burden for many CPA firms. When asked, the following list of concerns continually up: Updating or making… Read More
Throughout the year I always try to read as many books as possible. Due to the longer days and more relaxed feel, during the summer, my reading always tends to kick in to high gear. Like many, I am always looking for recommendations on what to read next. While doing my own search, I stumbled upon… Read More
What do our client’s value? This question is at the core of every lean initiative. The idea is if you eliminate waste in your processes, your services will be more aligned to what your client’s value. The Accounting profession is currently facing increasing pressure from clients on fees. If you become commoditized in the mind… Read More
When most firms began implementing workflow applications, they only considered tracking basic service areas. As firms have seen the benefits of workflow and have evolved to offer more services, they are looking to move beyond simply tracking workflow to manage processes across more areas of their firm, such as: Miscellaneous tax filings such as sales… Read More
Inspiration is the process of being mentally stimulated to do or feel something, especially to do something creative. Inspiration can fill us with a new zest for what’s ahead and can allow us the insight and vision to tackle a current problem, issue or situation. On some days you can be inspired by simply walking… Read More
