Computing Trends Firms Can Expect
An article published in Source Media's June 2005 Special Report on the Firm of the Future discusses necessary technologies to compete in an increasingly global marketplace.
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Easy Collaboration with Clients
The Internet has made it possible for accountants to easily correct and prevent mistakes clients make using their accounting software. It aslo helps accountants train their clients in financial data entry using remote control technology.
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Technical Support Questions and Answers
Answers to two of the most common technical support questions from users on printing and accessing local files from a Virtual Desktop session.
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Technical Support
Questions and Answers

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.

I used to be able to access my local hard drives from within my e-Accounting [Virtual Desktop] session, but these drives are no longer visible. How do I restore local drive access?

Local drive access or drive mapping, is a great feature that e-Accounting users can use to copy files between their server drives and their local hard drives. Users are prompted to select their drive mapping preferences during their initial login and may be prompted again subsequently, depending on their configuration.

If a user selects "Full Access" and “Never ask me again for any application”, their drive mapping selection will be saved and they will not be prompted again, which is very convenient – unless they’ve made the wrong choice...

Ways to restore access
 
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Computing Trends
Firms Can Expect*

What will the accounting firm or company of the future need to do to survive?
 

 
*Article by InsynQ, Inc., published in the Firm of the Future Special Report, June 2005, a supplement to Accounting Today, Accounting Technology, and Practical Accountant. Although targeting accountants, the issues raised are applicable to all organizations.

What computing innovations will the accounting firm of the future use? How will they affect financial services, practice management, and revenues? The answers to these questions are found by examining today’s emerging online technologies.

The Internet, access to high-speed connectivity, and improved security have allowed firms today to pursue a variety of remote access solutions that make online accounting possible. This trend has not come close to reaching its potential. The firm of the future will see a refined and improved set of online solutions and will find it necessary to adopt these solutions in order to survive and effectively compete in an increasingly global marketplace. Consider these emerging trends:

Purchasing Technology as a Service

The Internet has become the great equalizer in business. Today, an innovative small firm can compete with a large firm on the level of technology. Online solutions don’t require large capital expenditures in servers and related hardware and software. Web-based or Web-accessible solutions are low cost and can be delivered on demand. This has led to firms purchasing technology as a service rather than as a product. The technology-as-a-service model allows companies to quickly procure affordable state-of-the-art integrated solutions whenever they need them and mitigates the hassle of continuous maintenance and technology upgrades. In the future, this model will expand and become standard practice for firms
.

The Future Accountant’s Technology

The firm of the future will utilize computing technology that further bridges the gap between an archival system and the firm’s live working files, as well as between live working files and their clients’ systems. The bridge will allow a remarkably seamless integration between firm and archival data, and between firm and live client data through refined web-accessible technologies, many of which are available today. This will further streamline a firm’s financial services and practice management, build new efficiencies, and allow time for more advisory services that can increase revenues.

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Easy Collaboration with Clients

The Internet is an open door to more efficient work with clients and staff


 

Source Media’s June 2005 special report on the Firm of the Future had many articles that emphasized the revolutionary nature of the Internet in transforming practices and businesses. One major opportunity the Internet creates is innovative and efficient collaboration with clients and team members.

For accounting professionals, the PC revolution of the 80’s and 90’s had one significant impact on client engagements: clients started using accounting software and implementing their own accounting process. Unfortunately, this had a negative effect on accounting professionals. With little knowledge of accounting, most small business clients inadvertantly made accounting mistakes, which caused headaches for their accountants who had to correct them. The Internet has begun to change this.

For example, if an accountant has clients who use QuickBooks® or another popular accounting application, he or she can create an online accounting service through hosting client applications and data with an application service provider (ASP). This gives the accountant direct anytime-anywhere access to client data, makes it simple to collaborate with the client in real time (regardless of the location of either), correct and prevent mistakes, and even train the client in accurate data entry through a remote-control feature called shadowing. All this is possible without visiting the clients office and it puts the accountant in control of the process.

See more about how online solutions can create easy client collaboration

 



 

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