Technology

The time is now! If not now, when? Electronic document management systems (EDMS) for the tax and accounting practice have come of age. We are rapidly approaching the point where document management reaches critical mass in the tax and accounting profession, defined here as when the number of firms that have implemented EDMS outnumber those that haven’t.

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The evolution of document management systems has created a market of additional software and services that enhance or supplement the core document management application.

Public accounting is a very special profession. I’m sure you each vividly remember your first day on the job, fresh out of school and … dumb as a box of rocks. Of course, you didn’t know the last part.

The professional service trades have a long history of relationship networking and have often utilized the power of community to get new clients, to meet more prospects and to generally market their services, but there is more to be accomplished.

Time-based billing was pioneered either by lawyers or by another of the world’s oldest professions, and many accounting and other service-based professionals have adapted the process, as well...

MICROSOFT officially launched its Small Business Accounting program on September 7, 2005. This long-planned launch just happens to coincide (well, within a few months anyway) with rival INTUIT’s release of QuickBooks 2006, which just happens to be the most revolutionary rewrite of the company’s flagship product since it’s original release.

In this day and age, many people are looking for various signs, and some even think, “The end is near.” While I won’t speculate as to what they think is coming to an end, it appears that some software vendors in this lineup believe that their end is near by the signs of their software.