|
|
 |
 |
|
With accounting scandals still making daily headlines, more than two years after Andersen’s Enron-related demise, accounting firms of all sizes can no longer afford to do business the old way. Unrelenting regulatory scrutiny, frightening consequences, a tough business climate, e-mail overload, an outsourcing boom and a rising tide of partner retirements have created an entirely new playing field. Today, firms must find new ways to improve productivity, differentiate services, cut operational costs and minimize risk in order to satisfy clients, maintain financial growth and attract and retain key talent if they are to survive and grow.
The challenges facing firm technology professionals, who are suddenly at the front lines of retention and compliance, have also reached mission-critical status. IT leadership is seeking ways to control exponential increases in e-mail volume before it clogs up infrastructure, overburdens resources and creates retention nightmares for the firm. They also struggle to support and integrate multiple disparate business systems to address workers complaints of wasted time and lost information in archaic systems. And, all the while, they must confront the difficulty of implementing software solutions that require cultural change on accountants who are overworked and dispersed across multiple offices and client sites.
What accounting firms need is one firm-wide system that aggregates all content and correspondence (including audit and tax files, spreadsheets, financial statements, e-mail, attachments, back-up documents and scanned paper) from a variety of applications and organizes them into engagement or client specific electronic folders or WorkSpaces. This single solution must be able to manage dynamic work in progress and also capture and properly dispose of static records according to firm retention policies. And most of all, it must provide partners and accounting professionals with rapid, quick-click client or engagement level visibility from anywhere at anytime, without requiring significant changes to the way they like to work.
The Interwoven Solution -- WorkSite for Accounting Firms
Interwoven WorkSite is the industry’s only Firm-wide Electronic Content Management System that helps accounting firms expedite client service, maintain financial growth and retain talent by:
 |
Consolidating all client or engagement e-mails, documents, scans and working papers in a single, searchable and accessible repository |
|
Managing multiple versions of documents and secures content throughout its lifecycle |
|
Regulating and controlling static records retention and deletion practices |
|
Delivering powerful, scalable functionality with little to no learning curve |
By simply dragging and dropping documents and e-mails in the applications they already use, accountants can unify all of their content and correspondence in one central repository for easy and secure access from anywhere at anytime – to streamline work, cut operation costs and minimize risk throughout the firm.
Unparalleled Productivity for the Mobile Professional
In today’s fast-paced environment, business users need the ability to access information at any time, from any location. This is especially true for accounting professionals, who spend a substantial amount of time on the road, or at client sites. Until now, mobile users had the ability to download specific files to a laptop for remote use, but they have lacked the ability to use document management features such as check-in/check-out, versioning and search while disconnected from the network.
Interwoven OffSite provides accountants with the virtual equivalent of their client file, making all client or project-related files stored in WorkSite, including documents, e-mails, scanned images and other content, readily accessible from the users laptop, even when disconnected from the network. A fully portable version of WorkSite, OffSite uses the same familiar user paradigms and interfaces available in online mode, enabling users to browse the file hierarchy, view and modify existing documents, create new documents and search repository content. On reconnection to the network, new and updated files are automatically synchronized, and OffSite’s sophisticated synchronization algorithm resolves any content conflicts quickly and accurately. Interwoven OffSite provides the anytime, anywhere availability that today’s highly mobile, fast-paced business professional demands.
Interwoven WorkSite is used by more 600,000 professionals at over 1300 government,
legal and professional service organizations worldwide including accounting
firms such as Eisner LLP, Price Waterhouse Coopers, Frank Rimmerman & Company
and Deloitte. To request more information or an exciting product demonstration,
email the Interwoven Accounting
Solutions team.
|
