2012 Review of Thomson Reuters — FileCabinet CS

Strengths

• Direct integration with over fifteen CS Professional Suite accounting, auditing and tax applications
• Available for deployment as either an on premise solution or a cloud based solution with the Virtual Office CS, SaaS or Virtual Office platform
• Integrated portal that offers much more than just file exchange functionality
• Integration with the Source Document Processing service to scan and organize 1040 supporting documents

 

Potential Limitations

• Value is primarily based on integration with other CS Professional Suite applications

 

Features Overview

• The integration of FileCabinet CS with all of the other CS Professional Suite applications offers a compelling value proposition. The folder structure is designed in line with the CS Professional Suite applications and completely customizable based on user preference. Each installed application will have a folder and sub-folder structure displayed by engagement year and/or document type.
• Reports, invoices and tax returns generated in CS Professional Suite applications are posted directly to the appropriate client and application folder in FileCabinet CS.
• A customizable folder template is created automatically when new clients are added
• Built-in annotation tools including text notes, highlighting, tick marks and audio clips.
• The FileCabinet CS print driver can publish documents directly to FileCabinet CS.
• Source Document Processing application utilizes OCR technology to recognize 1040 supporting documents for automatic bookmarking and document organization in preparation for completing the tax return.
• You can save MS Office files directly to FileCabinet CS in their native format or as a static document.
• A special feature lets you set up emails you send from Outlook to be saved automatically in FileCabinet CS.
• Security features include the ability to setup access permissions for individual users or administer them at the group level.
• Integration with the NetClient CS portal through the use of a direct link button on the FileCabinet CS toolbar. NetClient CS is one of the most robust portal solutions on the market for accounting and tax firms.
• As with all of the CS Professional Suite applications, FileCabinet CS can be run as an on premise solution or in the cloud.

 

Summary & Pricing

FileCabinet CS is a key component in the CS Professional Suite. This extended bundle of accounting and tax applications provide a complete solution for firms that prefer to take a “suite” approach to their applications deployment to gain the benefits of direct integration between applications. The fact that you can deploy CS Professional Suite as either an on-premise or cloud based solution is an added bonus.

Pricing for FileCabinet CS is $1,500 for the initial first year license, plus $500 for the first bundle of four network users and $250 for additional sets of four users. The NetClient CS portal solution and Source Document Processing are additional costs.