Tax Workflow Software

Accounting Technology, September, 2005

By reducing the inefficiencies inherent in paper based processes, "paperless engagement" software enables firms to improve productivity, quality, and convenience. But no single paperless software package meets the needs of every engagement. Most focus on automating trial balance engagements (e.g., financial statements, business returns, etc.) and require client data to be received electronically.

Source document based engagements (e.g., individual returns) have not, until now, enjoyed the same level of automation. They have required professionals to perform non-professional tasks such as data entry and file organization.

Tax Workflow Software

Now a new breed of paperless engagement software, referred to as "tax workflow" software, is eliminating these inefficiencies and enabling firms to reach new levels of productivity and profitability.

Tax workflow software provides a paperless tax process that enables professionals and non-professionals to simultaneously perform tasks best suited to their skill levels. Using tax workflow software professionals can view ...