The integration of Accounting firm technology to the core process plays an important role for the management of these tasks; it provides effective solutions that improve the quality of an accounting firm’s work. Hence, the whole process becomes more efficient without compromising the accuracy of the deliverable. And yes, any accounting firm can benefit from this implementation.
The implementation of this technology is not that difficult (contrary to common conceptions) as there are many IT firms that provide this kind of service. For instance, in San Jose, California, Computer Experts Corporation is one of the IT companies in the area that offer technology support to accounting practice’s specific applications, providing help not just for the accuracy and efficiency of work output but for added network security as well.
Some accounting practice-specific services offered by IT firms:
- Provide Support for a wide-array of accounting software that your company needs such as Lacerte, AMS, Intuit, Sage, Peachtree, CCH and Microsoft Dynamics.
- Help establish SOX-compliant processes and auditing capabilities (SOX aka Sarbanes-Oxley is a federal legislation that tightened auditing rules, which accounting companies need to comply with.)
- Performs security penetration testing, which can help protect an accounting firm’s network and safety for its clients’ financial information.
- Provide experienced and efficient service desk staff that is readily available for immediate response.
While an accounting firm can hire in-house specialists for IT support on accounting applications and network installation tasks, outsourcing can be more advantageous particularly in reducing the operational costs. Here are some of the reasons why:
- Outsourcing eliminates the establishment of IT department that handles network & security set-up and application supports – a task that can be quite laborious to an accounting firm.
- There is no need for an accounting firm to provide the necessary IT equipment as IT outsourcing companies have the necessary tools.
- Outsourcing helps an accounting firm get experienced IT specialists that are readily available when needed.
- And, lastly, outsourcing provides a more flexible option in terms of mobility, specifically when an accounting firm decides to transfer to a new office or location.
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