Taming Your Firm’s Paper

Accounting Technology
by Carly Lombardo
August 2005
DOWNLOAD THIS ARTICLE

Although the main attraction is less paper, document management systems do so much more.

Above all else, Ronald Kranzler wanted consistency throughout Held, Kranzler, McCosker & Pulice. It was something the New York-based firm did not have in its workpapers, which were once set up on a job-to-job basis.

“Often this meant, when employees received small jobs, such as a two-day engagement, they didn’t have the time to set up detailed binders,” says Kranzler, the firm’s managing partner. “We’d open a binder and there would be 20 documents with no tabs, sections, or table of contents. There was no organization with small jobs.”
The 20-person firm began the process of automating document management four years ago by looking at how it prepared financial documents. “We found our workpapers lacked consistency, and we were amassing a tremendous amount of documents,” he says.

But Kranzler says that his firm put document disorder behind it by moving to a paperless environment in which it utilized CaseWare Working Papers and CCH ProSystem fx Document. The firm is pleased with the results.

Next