tech and fintech

keep your tech budget updated

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three people looking at server rackwill you replace servers or head for the cloud?

by roman h. kepczyk
quantum of paperless

we have all heard the saying that if you don’t know where you are going, you’ll end up going nowhere (or… you won’t ever get there).

more on tech spending: centralize contact administration | standardize quickbooks support (and bring your clients) | remote deposit saves in several ways  | how efficient are your audits? | going digital: how to train a client | unified messaging offers benefits | remote access: giving workers what they want | desktops vs. laptops
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

unfortunately, many accounting firms do not do a good job of integrating their information technology requirements into the firm’s overall strategic vision.
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accountantsworld hires hitendra patil as director of practice development

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卡塔尔世界杯常规比赛时间 contributor and author. by 卡塔尔世界杯常规比赛时间 accountantsworld, a leader in cloud-based solutions for accountants, announces today the appointment of hitendra r. patil as director of practice development, responsible for helping accountants more fully leverage accountantsworld’s solutions and for … continued

research: when to replace your firm’s computer equiment

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arrow hitting ground on laptop shows drop on sale or failures

how to plan with “risk of failure” and “ease of replacement” calculations.

by donny shimamoto
intraprisetechknowlogies llc

what are the standard refresh cycles for cpa firm technology equipment? well, it depends on the type of equipment.

as a physical asset, hardware replacement must usually be planned for in advance so that you’re not scrambling to replace it after it fails. this proactive replacement is often referred to as performing a “hardware refresh.”  hardware refreshes are often driven by the risk of failure of a particular hardware asset.  different types of hardware have varying risks of failure as they age. for example, laptops have a relatively high risk of failure once they’re four years old, but they are also moderately easy to replace. on the other hand, servers are generally unlikely to fail in their first three years of use, but they can be expensive and difficult to replace.

the table below shows some of the common types of hardware and general risk of failure based on the number of years the hardware has been in service.

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survey: how different sizes of firm approach it spending

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money pouring out from a notebook computerplus 4 it rules to live by.

by randolph p. johnston, leslie garrett and brian f. tankersley
the accounting firm operations and technology survey

many practitioners think cpa firm information technology is easy, and the really hard work is done with people who have large databases, etc.

more from the survey: ins and outs of email, document storage | windows 7 and windows server 2012 | accounting firms add new service lines | why every cpa firm is a tech company at heart
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nothing could be further from the truth, as it would be normal for a staff tax preparer to have as many as 12 applications open at once. very few things are as important to your firm’s effectiveness and efficiency as the reliability and effectiveness of your technology.
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develop monthly it flash reports

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fiber opticsafter a while, you’ll review them just like financials.

by roman h. kepczyk
quantum of paperless

most firms have a line partner or firm administrator overseeing the firm’s information technology department.

more on tech spending: mandate training programs | turn to portal encryption | deliver reports digitally (even in-house) | front-end scanning hits the mainstream | don’t just store documents, manage them | stay on top of software updates | update your backup
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

these people may have an interest in information technology, but their primary responsibility lies in other production areas. they need a way to efficiently oversee the firm’s it initiatives.
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