Accounting Technology articles from May 2008

Accounting Technology archives from May 2008

Accountants Come Back to Tech.
May 1, 2008... The general wisdom has been that accounting firms in large numbers walked away from deep involvement in technology as the new regulatory climate made the high-tech world less hospitable. But not all firms walked away, and I have felt that...

Working the Net.(Brief article)
May 1, 2008... Everybody is talking about social networking and a lot of people are actually doing something about it. But how many of them are accounting firms? In Six Degrees of Networking, Associate Editor Alexandra DeFelice looks at the ways tax and...

Correction.(Correction notice)
May 1, 2008... The VAR 100 chart contained incorrect revenue numbers for one of the resellers, which improved the ranking of several other companies. To see the revised chart, visit www.webcpa.com/article.cfm?articleid=27214. (c) 2008 Accounting...

Show Calendar.(Calendar)
May 1, 2008... MAY 7-9 CounterPoint User Conference. Radiant Systems. Hyatt Regency, Atlanta. www.synchronics.com/news/cuc.htm MAY 12-15 Sage Software Insights Conference Gaylord National, National Harbor, Md. www.sagesoftware.com MAY 19-22...

Accounting Technology June Coming Attractions.
May 1, 2008... Document Management Paper isnt going away, but neither is the buzz over document management, as long as accounting firms need to get a handle on the flow of documents through their organizations. Building Things In a slowing...

Practice Development News.
May 1, 2008... VITALE BUYS SHAREPOINT PROVIDER Vitale Caturano, a Boston-based accounting firm which has been expanding its technology practice, has acquired Jornata, which provides services and products based upon Microsofts SharePoint technology. ...

Accounting News.
May 1, 2008... SAGE TAPS CEO Sage has named Sue Swenson, a cellular telephone industry veteran, as CEO of Sage Software, replacing the spot left vacant when Ron Verni was ousted last year. Swenson spent 12 years at the former regional Bell Co....

Tax & Financial Planning News.
May 1, 2008... PAYCHEX INCOME UP Payroll processor Paychex reported net income of $142.5 million for the third quarter ended Feb. 29, a 13 percent increase from last years corresponding period. Revenue reached $532.2 million, a 10 percent rise from a...

Six Degree of Networkiing: Firms create a business case for online communities.
May 1, 2008... Gene Marks considered LinkedIn an annoyance. When he received emails inviting him to join the social networking site, he accepted them as a courtesy, but never accessed his account. One day, the Philadelphia-area accounting software...

How It Works.(Brief article)
May 1, 2008... The first step needed to join LinkedIn is placing a condensed resume online. Members create profiles summarizing their current and past work. Then they can invite other people to join their network and accept invitations to join others on...

Rules of Engagement.(Brief article)
May 1, 2008... Firms looking to use LinkedIn to grow their practice must consider several factors if they want to leverage the online community effectively. Who should they invite to join them? How many people should they have in their network? Whats the...

Voting for Time and Billing: This review can help with the choices.
May 1, 2008... During this election year, the media is inundating us with coverage of the 2008 Presidential election as each candidate seeks maximum exposure to differentiate their campaign platforms, all within the confines of a 24-hour day. Without...

Taking the Risk out of IT: Interlinking systems make avoiding risk more crucial than ever.
May 1, 2008... There is little better measure of how hot the demand for risk management services is than the experience of Brown Smith Wallace in the first quarter of this year. We have closed so much work in the first quarter that we have almost reached...

Risk and Rewards.
May 1, 2008... The more business becomes automated, the more work there will be for the professionals who perform risk assessment. There is much more need to have more boxes [computers] do things, says Brown Smiths Tony Munns. He notes that even the...

IIA Issues Guide for IT Risk Assessment.
May 1, 2008... The Institute of Internal Auditors has issued a Guide to the Assessment of IT Risk that is built upon a five-step program for identifying trouble spots within a companys IT system These involve identifying critical IT functionality; the...

Roaming Laptops: The Greatest IT Danger.
May 1, 2008... With all the worry about hackers, phishers and thieves, the biggest problem in keeping data safe is still laptops left in cars or other locations by employees. At thats true of government agencies, private companies and accounting firms. ...

The Distribution Game: There are a lot of steps to winning this contest.(Company overview)
May 1, 2008... When The Game, formerly known as Kudzu, grew from eight employees to more than 100 and its warehousing functions became more complex, the Sage MAS 200 user knew it needed a warehouse management system. It had more than 10,000 SKUs and a manual...

Distribution: The Challenge of Growth.
May 1, 2008... Once an organization grows to more than 25 employees, it often needs a more complete business management solution than what is found in an entry-level accounting package. Looking to help businesses transition quickly and efficiently from...

New Products.(Buyers guide)
May 1, 2008... MAS 500 EPAYMENT Users of Sage Softwares MAS 500 application can use the ePayment services module to utilize card processing services, including merchant account origination directly from Sage. The Payment services module automatically...

AccuFund Reaches Out to Neighbors.(Company overview)
May 1, 2008... AccuFund tries to keep its customers close. And it wants its resellers to do the same. When the company first started selling its nonprofit and government accounting software, it chose to use an indirect model in all regions except for New...

Advertisers' Index 5/08.
May 1, 2008... Ad Appears Advertiser on page ADP Small Business Services 3 BQE Software, Inc. 23 CCH, a Wolters Kluwer business C4 Drake Software 1 GoSystem...

Keenan Pitches Outsourcing to CPAs.
May 1, 2008... Glen Keenan watched his father spin off a small practice after making partner at KPMG, grow it to a regional firm and eventually sell it to RSM McGladrey. After interning for his dad and spending nearly a decade at Deloitte and Touche, the...

Editor's Note: A Huge and Vital Concept.
May 1, 2008... Paul Hawken, an environmentalist, entrepreneur, and author, has said that good management is the art of making problems so interesting and their solutions so constructive that everyone wants to get to work and deal with them. He should know...

Smart Integration Creates Recipes For a Better Practice.
May 1, 2008... If someone outside the profession were to ask us accountants what the term integrated solutions means, chances are he would get different answers from different accountants. In case youre wondering, the term integrated solution became a...

Practical Integration.
May 1, 2008... The integration of technology solutions into an accounting firm goes far beyond the desktop applications communicating with each other or sharing of data. How well a system completely integrates depends on how it enables the firm to enhance...

Complete Customization Services.
May 1, 2008... The word integration has been synonymously linked to Cougar Mountain Software for over 25 years. We have always understood the importance tight integration plays in the operation of a quality accounting software program. The ability to reduce...

Making Work Flow.
May 1, 2008... At Thomson Tax and Accountings Research and Guidance Group, our job is to provide the mission-critical information, insights, analysis, and tools to enable tax and accounting professionals to practice more effectively, efficiently, and...

Helping to Drive Success.
May 1, 2008... Most firms today face the challenge of staff working at top capacity, while struggling to keep up with workload resulting from new client opportunities and increasing regulatory requirements. To overcome these hurdles, firms must find ways to...

Expanding Role as Trusted Advisor.
May 1, 2008... Difficult economic times represent an opportunity for accountants to strengthen their relationships with clients. When accountants expand their role by offering a variety of time-saving solutions, their clients can focus on running their...

Integration That Sells Your Services.
May 1, 2008... Intuit is dedicated to developing software and services that meet the end-to-end needs of accountants, from integrating applications across the desktop and the Internet, to creating an integrated network of users including accountants, small...

Accounting for Mobile Workers.
May 1, 2008... Ensuring payroll accuracy is difficult enough when workers spend the majority of their days in the office. But the problem is magnified for companies with mobile service organizations. When employees leave the office to make service calls or...

Efficiency Is Key for Small Firms.
May 1, 2008... Our customers do it all: taxes, write-up, payroll, financial statements, and more. These are the services that small firms provide for their clients. But unlike larger practices, the professionals we serve cant assign these tasks to...

Integrated Solution to the Workflow Problem.
May 1, 2008... Increasingly, firms are adopting technologies to move toward a paperless environment to enhance productivity and gain efficiencies. However, adopting new paperless technologies requires firms to adapt and standardize internal proceduresand...

Progressing to Service Integration.
May 1, 2008... At Thomson Tax & Accounting (TTA), we pioneered the concept of integration more than 25 years ago. First we accomplished full data integration within the CS software family. Then we followed by integrating with other standard software, such as...

Guaranteeing Flexibility for the Future.(Brief article)
May 1, 2008... The general idea behind integrated solutions for accounting professionals is choice. Accountants should not be bound to use products from one company if another companys solution provides greater convenience and is easier to use. Accounting...

Before Approving a New Accounting System.
May 1, 2008... Many organizations updated their accounting systems in the late 1990s as they prepared for the new millennium and the requisite change in date structure. With most software having a life cycle of six to eight years, many CFOs are now reviewing...

Software That Works The Way You Do.
May 1, 2008... For a busy CPA, theres nothing worse than realizing software is not working in the way you need it to. In an accounting practice, discovering that getting your general ledger package to talk to the payroll or tax software can require maneuvers...

Integration and Vendor Programs.
May 1, 2008... When you think of vendor affiliate program benefits, the first thing that comes to mind is likely discounted software, followed by training resources, and when you hear the term integration, you probably think of services that work with that...

Implementing a New Finance System.
May 1, 2008... Todays finance professionals need to do more with less and are under more pressure than ever, facing greater demands, but with less time and fewer resources. The right software can help drive efficiency and performance in the finance department...