The business needs of a accounting firms are complex due to the nature of work, and compliance and confidentiality are the key aspects of the functioning of accounting firms.Accounting firms need to be compliant with the norms of statutory bodies and regulatory authorities at all times. These comprehensive compliance requirements require managing client information that needs to be archived over extended periods of time.
The need for ensuring high operational efficiency, confidentiality of client's audit documents, compliance to regulatory bodies and maintaining service standards etc., are compelling reasons for Accounting firms to shift from manual processes to automated document management solutions.
Traditional Process | Azegate Process | |
---|---|---|
Manual & Error Prone | Yes | No |
Reduced Staff Productivity | Yes | No |
Misfiled Document, Loss of document | Yes | No |
Confusion with duplication of Document | Yes | No |
Fosters poor review & approval processes | Yes | No |
Human Negligence, missed filing dates | Yes | No |
Traditional Process | Azegate Process | |
---|---|---|
Organized data for auditing | No | Yes |
Improved traceability of documents | No | Yes |
Reducing storage and handling costs | No | Yes |
Decreased reliance on physical documents | No | Yes |
Rapid access/retrieval | No | Yes |
Comprehensive security functions | No | Yes |
Easier dispute handling | No | Yes |
Automated document retention policy | No | Yes |
Improved Cashflow | No | Yes |
Azegate is Accounting Firms Industry ready DMS! Our DMS solution starts from the premise that the content created in any form becomes a key organizational asset and is easily accessible to anyone in a team who needs it, and has authority to view it and inaccessible to anyone who doesn't.