Wednesday, March 18, 2009

Accounting Firms Going Green


AN ACCOUNTING FIRM IN BEVERLY HILLS, CA, announces that as of January 2008, the firm took their final steps toward becoming paperless.

According to a July 2007 survey of accounting firms 45% of firms now
use electronic document management systems, and 32% have paperless engagements. Those numbers are certain to rise when more accounting firms realize the immense and varied benefits of going green. The latest growing trend in accounting is to become a "paperless" business.

Their goal is to utilize technology to its fullest extent. Converting their office from a paper-based system to a digital format. It benefits their clients, their firms and the environment. The Document system not only stores files in an electronic format, it helps create a uniform convention in the filing system. Given that nothing can be filed in the system without end-users giving pre-defined parameters, it helps people to search for documents the way they never could before, which will increase efficiency overall. Many firms have already taken the step in going green, this transition helps them
make the process even easier and readily available to all their users.

4 comments:

  1. companies would be amazed how much going paperless would save them money. usually companies cut back costs whenever possible but it usually goes against consumers.

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  2. Going paperless is the way to go not just because it saves trees, but also because it saves real estate. Think about the number of years some companies have been around, the company I work for, for example, is approaching its 100th year. It is not uncommon to find documents dating back to the 40’s or 50’s, others have been mirco-filmed. The point is these methods take up space in the form of file cabinets or company libraries. Since about 1998 we do most if not all of our documentation electronically. Now this is going to sound crazy, but we have had to upgrade servers three times since then and are constantly being asked to scrutinize and delete documents to save space. I think that paperless systems are great, but we still need to use discipline and not file every document created.

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  3. Going paperless is amazing. It's not easy to do and for an accounting company to be completely paperless is amazing. Although, what happens if their computers are stolen or something else happens. Hope they have a great disaster recovery plan.

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  4. As someone who has lost numerous files, I think this is a great idea. The only downside is what is there is a power outage. Do they have a backup generator?

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