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Tax & AccountingMarch 02, 2023

How tax and accounting firms supercharge efficiency with a digital workflow

Do lower-value tasks take up too much of your tax staff’s time?

Tax and accounting firms have experienced fee pressures and capacity challenges in recent years. As tax compliance has become more complex and busy season has become more challenging, firms need to focus on speed without losing sight of accuracy.

With an integrated, digital tax workflow, firms can automate much of the lower‑value data collection and input tasks that traditionally take up so much time. By freeing up that time, firms can reorient their staffing needs away from data entry and towards more tax expertise. When the tax team achieves peak productivity, plenty of time and focus remain for review and advisory work.

Our new ebook, “How Tax and Accounting Firms Supercharge Efficiency with a Digital Workflow,” examines three top challenges preventing firms from reaching desired staff efficiency and realization:

  • Disorganized data collection
  • Too much low‑value data entry
  • Lengthy paper‑based processes

Firm profitability depends on the ability to produce accurate tax returns quickly and efficiently. Efficiency can also improve client satisfaction, as your staff uses extra time to deliver value‑added tax advisory services.

A digital tax workflow empowers tax professionals to work faster and smarter, while technology performs many of the routine tasks. Download the ebook to learn how to wring more productivity out of every step of the tax preparation workflow, from speeding client data collection to automating data ingestion for less data entry and empowering reviewers with efficient tools.

Download the ebook

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Wolters Kluwer Tax and Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency.
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