Streamlining workflow is a constantly neglected to-do item for many CPA firms, especially as client demands increase and new regulations continue to come down the pike. With all that is involved, the complexity of the average firm's tax workflow can seem overwhelming. Nevertheless, time is money, which is why accountants are always searching for ways to improve efficiency in their firms. Firms that are running at peak efficiency are those that have implemented the following best practices: 1. Scan client documents before preparation. 2. Invest in a fast scanner. 3. Automatically organize scanned documents. 4. Implement dual monitors. 5. Train staff on the tools and process. 6. Create a single location for storing electronic documents. These best practices can help firms implement an automated, paperless tax processes. By moving away from manual tasks and eliminating paper, firms can save time, money, and resources -- all of which translates to a healthy bottom line.
Paperless Tax Workflow: Six Best Practices Steven Ladd The CPA Journal; Apr 2009; 79, 4; Docstoc pg. 11 Reproduced with permission of the copyright ow
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