From the December 2005 Review Website
Solutions for Accountants
AccountantsWorld has built its entire business model around the concept of
accounting firm web sites serving as the foundation of online client services
and collaboration. As a result, you will find that the Accountant’s Office
Online offering provides a comprehensive solution that includes many optional
accountant-centric online applications. The following are some sample firm user
www.tinamattiscpa.com, and www.dennysilvacpa.com.
Design Theme – 4 Stars
AccountantsWorld has continuously worked on expanding and enhancing its supply
of design templates to draw upon. These templates come standard with nine pages
of content, and you can expand the site design to have up to six additional
Content – 4 Stars
The service includes dozens of ready to publish client newsletters that are
automatically updated w/built-in broadcast e-mails for mass distribution to
clients. Over 30 financial calculators are part of the site template, and an
online tax organizer is also available.
Site Maintenance – 5 Stars
AccountantsWorld claims your site can be created in less than five minutes and
be fully customized within an hour. You can easily choose the optional features/content
you want to activate for your site, or you can opt in to its Premier Website
Services and have AccountantsWorld create a customized web site for you at a
nominal hourly fee.
Utility Software/Applications – 5 Stars
AccountantsWorld offers a comprehensive set of online applications that integrate
with the web site, including the following:
- E-mail with up to 10 mailboxes and 100MB of storage included in the base
- CyberCabinet file sharing tool that allows you and your clients to store
and share password-protected files, including QuickBooks, Word, Excel, etc.
- Accountant-Centric online payroll — Payroll Relief AC, a full-service
online payroll center.
- Accountant’s Relief online client accounting system Sales Tax Online
for remote preparation of sales tax returns via the web.
- Cost Basis Solver (CBS), which instantly calculates the cost basis of securities
necessary to complete Schedules B and D.
- Time2Money online time and billing module.
- Fixed Assets Relief, an online tool for documenting fixed asset depreciation
- PFP Relief, a comprehensive tool for creating an individual’s financial
profile and analyzing alternative financial planning strategies.
Site Marketing – 4 Stars
Your site will be promoted on every major search engine including Google, MSN,
Yahoo! and AOL through a listing on the AccountantsWorld Online Directory of
Accounting Firms. This directory was accessed by over 500,000 users last year.
The site offers a visitor’s log that tracks the number of visitors to
your site, and the domain name is unique to your firm.
Vendor Service & Support – 5 Stars
Unlimited toll-free technical support is provided. In addition, a full suite
of practice development consulting services is available. Your site is maintained
in a secure, off-site data center that boasts redundant power, flood and fire
protection, and a fully redundant 10MB data pipeline.
Pricing/Value – 5 Stars
There are no setup costs, and the basic recurring cost is $695 per year. This
includes up to 40 hours of self-study CPE. The online applications are available
for an additional fee. At less than $60 per month, this service is an excellent
AccountantsWorld offers a very comprehensive solution that is designed to meet
the needs and budget of sole practitioners and small firms. The web site service
can be classified into two sections: the public access area that everyone can
view (firm promotion) and the secured client access section (online client service
center). Upon reviewing actual sites of firms using Accountant’s Office
Online, I would characterize the site design service as offering a nice balance
between the benefits of a structured and easy-to-setup site and overall flexibility
that allows you to portray the unique image of your practice. Add to that the
depth of online applications available and you have the ingredients for a full-service
virtual office (web site).
2005 Overall Rating – 4.5 Stars