Among its features, Knowledge Coach provides dynamic planning tools that increase audit efficiency, as well as built-in risk management functions, such as expert guidance to help tailor plans and ensure program steps are addressed. The program also links procedures to identified risks, and offers extensive drilldowns, workflow links and real-time messaging. Knowledge Coach’s extensive diagnostics ensure accuracy and thoroughness.
Fujitsu – ScanSnap S1100
Scanning is a critical part of the paperless office paradigm, but for frequently mobile professionals, this can pose a challenge. Fortunately, the new ScanSnap S1100 is the most portable professional scanner on the market, packing powerful features into its ruler-sized, 12-ounce frame that can easily fit in a computer bag.
The S1100 is a mobile marvel, drawing power from a USB cable attached to a laptop or desktop. Its OCR capabilities create searchable content, and users can even highlight documents, with the system then automatically creating keywords. When scanning business cards (or even plastic ID cards), it finds and pulls the contact information and can sync with Outlook. It’s PC and Mac friendly, and includes the ability to scan directly to a file or an email, to be printed or sent to the cloud.
New River Innovation – Beyond415
Beyond415, is a completely web-based technology that promises to change how firms handle IRS issues and notices after the April 15 deadline. Designed to help professionals quickly address IRS issues and respond to notices for clients, Beyond415 automates post-filing IRS issues from start to finish, helping practitioners save time, get it right on the first attempt, and better serve their clients.
In 2009, the IRS issued 201 million notices to taxpayers, a six-fold increase, and proof that firms will need a new, automated way to handle these processes, which can often be frustrating, time consuming and even confusing. The system is comprehensive, providing expert guidance for analyzing a client’s situation, options for client IRS account research, and tools for solution evaluation and comparison. The technology is built so practitioners or a member of their staff can easily select and customize a response to an IRS issue. The system then pre-populates the necessary documents, including IRS forms, customized cover letters, worksheets, cover sheets, and document request forms — all in the IRS’s accepted formats.
Thomson Reuters – Mobile CS
Mobile CS is an accounting app for the iPhone/iPad/iPod Touch that lets professionals access the data they need to make decisions and run their practice every day. With this mobility, the information is always available, from anywhere. Currently, Mobile CS lets users access Practice CS content but will soon expand to include other CS Professional Suite and Enterprise Suite product data.
On-the-go information, including helpful client and staff data, as well as key firm data such as WIP and AR, empowers users to review client interactions before an important meeting, to check staff availability while they’re out of the office, or to quickly see the status of a project. A free, fully functional trial version of Mobile CS, which includes sample data, is available in the iPhone App Store and on iTunes. In order to access Practice CS data, the user must be licensed for Practice CS.