Whether your team is working at home in quarantine or just from home on a Wednesday night, you need reliable technological tools to ensure they can be as productive, secure, and collaborative as possible Ready to make the full leap to a virtual firm? These five virtual firm technologies will help:
1. A True Cloud Platform
Anyone can work from a coffee shop or home office, but to be fully virtual, they need to have access to a common database and an integrated cloud-based software platform that “talks to” all the other programs and devices your team is using. Look for a solution that was built to run in the cloud and that’s maintained and supported by the software provider.
2. A Project Tracking & Workflow Solution
Working off-site should never lead to getting off track. Keep projects moving with cloud-based tools that provide transparency, facilitate automation, and ensure time tracking and billing is on target. For example, CCH Axcess™ Workstream can help you manage deadlines, identify roadblocks, and keep tabs on who’s working on what. CCH Axcess™ Practice makes managing time and billing, and financial reports much easier. And CCH Axcess™ Document and CCH Axcess™ Portal let you collect source documents and share workpapers effortlessly.
3. Essential Business Intelligence
Productivity should no longer be measured by how many hours employees spend in the office. You want staff to be efficient and profitable, so make sure your firm is helping them work smarter not harder by using pre-built dashboards within CCH Axcess™ Data Axcess Utility to track performance KPIs, identify trends, and create custom reports.
4. Client Collaboration Tools
Working virtually, you won’t be getting as much face time with clients, but that doesn’t mean they should ever feel out of the loop. Solutions like CCH Axcess™ Client Collaboration consolidate all the information, tools, and documents clients need to submit, track, and retrieve their returns in one centralized hub. That makes communication and collaboration with your firm’s clients simple and seamless.
5. Digital Marketing Tools
With a virtual firm, your employees aren’t tied to one physical place, so why should your client list be? Tools that let you leverage this new geographic flexibility, help your firm understand where clients are located, what industries they’re in, and how much they’re spending with you—all via an easy-to-read marketing dashboard in CCH Axcess™ Data Insights. Use that information to deliver personalized messaging to a list of hand-picked clients. You also can better market to clients by using predictive intelligence to proactively target your outreach to those affected by changing tax rules and regulations using CCH Axcess™ iQ.
If the new reality has you thinking about transitioning to virtual firm technologies, download the “Virtual and Semi-Virtual Firms: Benefits for Your Firm” ebook today!