2012 Innovation Awards Nomination:
Newly Enhanced Accounting CS with Client Access
cs.thomsonreuters.com/accountingcs/client-access.aspx
The latest version of Accounting CS features a series of major enhancements to the Client Access feature, offering clients and firms an entirely new way to work and collaborate.
Newly enhanced Accounting CS Client Access offers firm clients a full-featured small business accounting application with an unprecedented level of integration between the client and the accounting firm. It creates a single, seamless, automated workflow between accounting firms and their clients, dramatically improving efficiency and eliminating the need to integrate with cumbersome third-party applications.
Accounting CS Client Access automatically shares deposits, checks, payroll, and other transactions as they are entered on the client end, eliminating periodic transmittals and other time-consuming data collection steps. The firm enjoys a higher level of control over client accounting processes, resulting in smoother interactions and time savings for both the firm and the client.
On the client’s end, Accounting CS Client Access automates day-to-day accounting processes. Accounting CS also turns static payroll, accounting, accounts payable, and financial statement reports into live online documents that update automatically with up-to-the-minute data and can be accessed anytime.
Accounting CS Client Access also gives firms the option of offering clients a suite of cloud-based office productivity applications, including FileCabinet CS®, Microsoft® Word, Excel®, and Outlook®. This helps firms expand their relationships with clients by becoming a trusted technology provider.
The firm maintains complete control over the accounting process, including which features and reports to make available to each client. In addition, the firm can customize Accounting CS Client Access to each client’s needs by choosing from several feature options that can be mixed and matched for each client. These options include:
- Client Check Writing automates check writing and daily bookkeeping functions for clients to help them keep track of their bank account balances and quickly process checkbook transactions.
- Client Payroll automates payroll functions for clients, including payroll processing, check writing, and direct deposit, streamlining the payroll process and allowing the firm to focus on higher-level tax compliance issues.
- Client Accounting makes it possible for clients to process accounts payable and accounts receivable functions in-house, generate sophisticated reports, and schedule payments. Accounts Payable is available now, while Accounts Receivable will become available in fall of 2012.
Accounting CS Client Access results in dramatic time savings for both the firm and the client, closer firm-client relationships, better client service in less time, and improved consistency across clients.
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