Accounting firms are facing challenges when it comes to compliance; errors, lack of data, unstructured review processes, restrictive systems, and poor communication. These challenges can lead to massive efficiency losses, incorrect submissions and low profitability.
Active Workpapers, a new solution that addresses these challenges, officially launches in the UK in early September.
Active Workpapers is different from other compliance solutions because it leverages the power and flexibility of Excel while providing cloud based, standardised and efficient processes. This allows firms to continue using the tools they are familiar with, while also benefiting from the automation and integration that Active Workpapers provides.
“We are excited about the results that Active will have in UK firms as they overcome the challenges they face with compliance. Firms already using the platform in other regions are seeing enormous gains already.” said Stuart Spalding, CEO of Active. “Our platform is designed to be easy to use and scalable, so that firms of any size can benefit.”
A different approach where:
- Preparers only do work that leverages their skills and knowledge as accountants.
- Managers can devote more time to delivering high-value work for clients in supporting and developing their team.
- Partners can have confidence that client's accounts are correct and on time, as well as having increased capacity for client time.
Active Workpapers will be available from September 2023.
Sign up to our LAUNCH WEBINAR on Tuesday, 5th September 2023 here (https://bit.ly/3JNzfeK) and learn all about it.