2005 Outlook: The Road Ahead

Accounting Technology,  January, 2005  by Robert W. Scott

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Sure, Kennedy & Coe has a document management system. Over the last three years, the firm has expanded the use of CCH's ProSystem fx Engagement from one office to all 17 offices.

But use of the workpaper product really is less about saving paper than it is about improving the way members of the firm work together, says Greg Davis, principal and IT director. "We want to be able to share documents," says Davis. "Saving paper, because the paper storage costs are low here, is a small piece. We really want to be able to share work." Much of the market is following in the Salina, Kan.-based CPA firm's footsteps. Interest in document management is exploding across the accounting profession. And while the American Institute of CPAs lists document management as only the second most important of its Top Ten Technologies for 2005, it's probably the one that's most on ...