e-Accounting's Redesigned Website Goes Live


click on image to see website

The revamped application service provider website for CPAs, bookkeepers, and their clients is online.

Answers to business computing problems are easier to find. There are new testimonials from accounting professionals and a nonprofit organization (Habitat for Humanity).

There are pages that fully display Your Road Map to Practice Efficiency. These are just a few of the highlights, so check it out for yourself.



Offshoring Will Boost Employment and Economic Growth

Brink Lindsey, a senior fellow at the Cato Institute, reported this month in a briefing paper* on the economic data that reveals that globalization of services creates enormous opportunity for U.S. industry.

"The wild claims that offshoring will gut employment in the IT sector are totally at odds with reality," he affirms.

Cycles of job growth and economic trends explain the fact that outsourcing for efficiency increases productivity, benefits the consumer, and spurs demand for new goods and services.

Regarding outsourcing services, Lindsey summarizes, "Although some jobs are doubtless at risk, the same trends that make outsourcing possible are creating new opportunities--and new jobs--throughout the U.S. economy."

Outsourcing is on your
road map to efficiency


*Job Losses and Trade: A Reality Check, by Brink Lindsey, 3/04, see (http://www.cato.org/
pressroom), click on Outsourcing Myths Debunked
.

Question of the Month

How do I set up a newly-installed printer in my virtual environment?


We support hundreds of different printers and your new printer will usually map automatically as soon as you log into your virtual environment. No special steps are required.

If your printer does not auto create when you first log in, contact technical support. There are very few printer scenarios that we can not accommodate.

Streamline Your Interaction with Clients Through e-Workplace
Document management tool launches; acts as convenient corporate intranet, client portal, and marketing tool

With a permissions-based file sharing system, 1GB of space, and unlimited users, e-Workplace is the logical entry-level e-Accounting solution. Or, it acts as a firm's corporate intranet with hosted applications and links to clients, and a marketing tool for your services. Consider these three scenarios:

(1) Simple and Secure File Sharing - You do ongoing bookkeeping and write-up for your clients using QuickBooks® or Peachtree, and provide financial reports in MS Excel. To minimize visits to client offices and eliminate e-mailing or overnighting of up-to-date files, you obtain e-Workplace (see sample) and are the master Administrator.

You give your staff access to the document management feature and give each client limited access to a folder in which you save their financial data. Clients or your staff can access financial data (QuickBooks® data files, for example), source documents, and other files
from any computer that has an Internet connection. They can download them to their computer, do data entry or write-up and upload them back.

For as little as $2.33 per day you can manage financial documents and user access, complete with virus protection and data backup. Users are unlimited so with three staff and seven clients you pay only 23 cents per day per user! And, business tools, such as a task, appointment, and contacts manager, is included.

(2) File Sharing AND Application Hosting - With the same capabilities as #1 scenario above, e-Workplace can also become the portal from which you and your clients launch their hosted applications, such as QuickBooks®, Peachtree, MS Office, ACT!, Creative Solutions, and many more. Hosted applications gives everyone--staff and clients--access to not only their files, but their applications that reside at a secure data center, not on local computers. This eliminates the IT management hassles for such programs. Your files need not reside on your local computer, but off-site in a virus-protected environment with automatic nightly backups.

Through this portal containing hosted applications, e-Workplace becomes a corporate intranet. You can easily administer new users/clients of e-Workplace and, if necessary, order the hosted applications they will need. Clients logon in this attractive environment, full of business tools, with built-in access to secure financial data and brand-name applications.

(3) Marketing Tool Through Co-Brand Option - Do you want to leverage e-Workplace to communicate your services to clients on a regular basis? A co-brand option allows you to have your logo, contact information, and your recommended products on the e-Workplace interface. Not only do you get the advantages of scenario (1) and (2) above, you have ability to market to clients who logon to Your Firm's e-Workplace. Clients see their online solutions coming from you (you can essentially act as a reseller), and they can consider whatever other accounting services you choose to advertise on the interface (see sample).

Learn more about e-Workplace benefits



Diversity of Outsourcing Options Gives Firms
More Choice
Domestic and offshore outsourcers deliver highest service levels in the industry

There's more to business process outsourcing than cutting costs. It's also about maximizing your business value. Executives who spend too much time managing details and not enough on setting strategy are ripe for an outsourcing solution. Their strategy needs to include expanding a firm's ability to provide new services to clients, which is more probable once outsourcing begins.

Today, there are a variety of domestic and offshore outsourcing choices for accounting practices. Outsourcers are recognizing that although their clients may prefer cost savings for services, they absolutely need the convenience and flexibility that highly-skilled processors can deliver. For a firm owner, business efficiency and new-found freedom to provide clients with value-added services is more important than savings on labor costs for bookkeeping and write up.

So what outsourcing options are out there?
e-Accounting has built a provider network of highly qualified outsourcers with diverse characteristics. Are you concerned about the image of offshore outsourcing? Then Universal Accounting and their specially-trained force of bookkeepers in the US is a viable solution. Quick Accountant and My Partner Online use offshore professionals but are based domestically and their local offices act as the liaison between your firm and reliable processing services.

Are you aware that Gartner research found repetitive, transaction-intensive processes, such as bookkeeping and tax preparation, to be the best choices for offshore outsourcing? Or, that turn-around times for offshore processors are such that a job sent in the evening can be completed the next morning? Godrej Global Solutions, part of the $1.1 billion Godrej Group in India and Sagdeo Financial Consultants are two other choices that fit these criteria.

More about the
Advisor Provider Network
of Outsourcers »
 


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