TECHNOLOGIES AWARDED FOR INNOVATION
Top Tech Magazine for Accounting & Tax Pros Announces Annual Awards
Jun. 12, 2008
LOS ANGELES – June 12, 2008 – Technologies focused on increasing
productivity and efficiency through streamlined workflow processes and management
stole the spotlight at the 2008 Tax & Accounting Technology Innovation Awards,
held Tuesday, June 12, at the California Accounting and Business Show &
Conference in Los Angeles.
Now in their 5th year, the Innovation Awards are recognized as a pinnacle
of achievement for developers of software, hardware, services and other technologies
geared toward professional accountants and tax preparers. The awards, which
honor advances in technologies that benefit accounting and tax professionals,
are selected by The CPA Technology Advisor, the leading independent
technology magazine and online resource for the profession.
This year’s winners are Copanion, Inc. for the GruntWorx system; XCM
Solutions for its Workflow & Information Automation Software; CCH, a Wolters
Kluwer business, for ProSystem fx Document E-mail Management; and Thomson Reuters
for two of its products: Engagement CS and PPC’s SMART e-Practice Aids
– Risk Assessment.
The Innovation Awards were presented by the magazine’s executive editor,
Gregory L. LaFollette, CPA.CITP, a practicing accountant who holds the accounting
profession’s Certified Information Technology Professional (CITP) credential.
“The movement toward the paperless accounting and tax practice, which
professionals have been undertaking for nearly a decade, is well on its way
to completion,” he said. “The next step in the continuing evolution
of the professional digital environment is rethinking workflow processes to
maximize productivity, and each of the products selected for awards this year
approach various workflow processes with the goal of streamlining tasks and
Winners of the Tax and Accounting Technology Innovation Awards are selected
by The CPA Technology Advisor’s Awards Committee, which is comprised
of the magazine’s editorial advisory board, contributing writers, editorial
staff and select thought leaders in the profession. The advisory board is comprised
of accounting and tax professionals from across the country who are engaged
in public practice in firms ranging from sole practitioners to major, multi-office
Nominated products or services must be less than two years old or have undergone
a significant revision or addition during the past two years. They are voted
on based upon their innovation and the potential benefit the products or services
are likely to deliver to the profession. A total of five awards are presented
each year on an “at large” basis, with no categories or rankings.
Honorable Mentions are also presented to products not receiving an award but
which possess significant innovative potential.
For the 2008 Tax & Accounting Technology Innovation Awards, Honorable Mentions
were extended to AvaFile from Avalara, Disclosure & Reporting Manager from
CPA Service Group and GoFileRoom ES from Thomson Reuters. “Each year the
nominations increase in number and improve in quality, which is both wonderful
for the profession and challenging for our judges. We sincerely appreciate the
efforts of our nearly 50 judges who vetted this year’s nominations. It
is a daunting task, indeed!”
The CPA Technology Advisor is an independent information source for practicing
public accountants and tax professionals, dedicated to providing them with the
knowledge they need to make informed decisions regarding implementing various
technologies in their practices. Through in-depth reviews and comparisons of
technology products and services, topical features and regular columns from
respected thought leaders in the profession, The CPA Technology Advisor
helps practicing public accountants and tax professionals explore, purchase
and implement new technologies efficiently and productively. The magazine’s
audited circulation of approximately 50,000 tax and accounting professionals
look to it for its editorial independence and integrity.
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Isaac M. O’Bannon