2014 Review of Professional Payroll Systems
The Affordable Care Act and changes to the minimum wage in many states and for many federal contractors has made payroll compliance more complex than ever.
The Affordable Care Act and changes to the minimum wage in many states and for many federal contractors has made payroll compliance more complex than ever.
Frequently I hear that cloud technology and anytime/anywhere accounting is here now, it's great, it's what all accountants should be using and encouraging their clients to use, and this new technology will free the accountant to do what he or she was actually trained to do. But exactly what is that? Many accountants, particularly small practitioners, actually were trained to do compliance work - trial balances, write-up work, tax return preparation. Automate these services and what have you got left?
Conflict. Whether it is related to decisions about firm management, technology or personnel, most of us try to avoid it like the plague. After all, wouldn’t life be easier if we could just make decisions in a vacuum and not worry about what others thought?
Audit re-engineering has been around for decades and delivered significant increases in firm productivity and is now making another quantum leap in improvement by integrating the key tenants of Lean Six Sigma (LSS) into today’s digital audit workflows.
Payroll is not a four letter word. Human Resources (HR) is an additional opportunity to help clients and tie them closer to your firm and services. While many CPA firms use outsourced services for payroll and HR, technology has made providing these services easier and more profitable.
Darrell Layman made a bold move this year, and at the riskiest time: tax season. With a broad vision to significantly increase workflow efficiency across his firm, he transitioned from a desktop document management system to the cloud.
This article appeared along with, "Will You Succeed as a 21st Century Accountant?" In this installment, Gail interviewed Jennifer Warawa, VP and General Manager of Sage Accountant Solutions.
We seem to have reached a point in the accounting profession where accounting firms that want to grow and continue to be successful have embraced the need for technology. In doing so, they are turning over many of the mundane footing and ticking and balancing and reconciling and data entry activities to the software that runs on their various mechanical devices.