John Stokdyk introduces a series of articles that will draw on the advice of accountants who have forged ahead with successful paperless practice techniques.
Over the next month, AccountingWEB will be publishing a series of articles looking at what we’re calling the "second wave" of paperless practice: tasks and activities that may not have triggered a firm’s move into document management, but which emerged as they developed more experience and confidence in the technology. Many of the observations will draw on first-hand accounts and experiences of accountants and practice managers, including members of our Document Management discussion group. Group leader Charles Verrier is helping with this project and will compile a whitepaper that distils our research into some practical recommendations.“The accountancy profession is going through a transition from a pure paper world to a purely online one,” says Verrier, who draws parallels between paperless practice and the evolution of efiling using iXBRL. “The process is gradual, and it's always the border between the two that causes the pain.” But with the advent of electronic P60s and 64-8s, and HMRC’s Real Time Information project on the way, “the direction is clear”, he adds. The Paperless Practice series is about moving the profession out of the “early adopter” phase of document management into a practical productivity phase. For the purposes of this series, the basic cost, efficiency and storage benefits of paperless admin are taken as a given. Instead, the articles will focus on functions that are more specific to accountancy practice, including:
If you would like to add your thoughts and observations on any of the topics to be covered in this Paperless Practice series, please log in to AccountingWEB to post your comments on this article and we’ll include the most useful suggestions in the relevant articles.
About John Stokdyk
John Stokdyk is the global editor of AccountingWEB UK and AccountingWEB.com.