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Business processes are the intrinsic activities that define the outline of how an accounting firm operates when combined. Business processes are important to accounting firms, regardless of whether discussing a small, local CPA firm, or an international conglomerate. Hiring outside support to alleviate some of the IT burden associated with managing business processes can provide substantial cost and efficiency savings. However, most importantly, having CPA IT technology experts manage your business process software affords you valuable piece of mind when it comes to data hosting, uptime, security, patching, and IT service performance.
Understanding the myriad business processes involved in the operation of an accounting practice are essential for C-suite executives and tech experts automating business processes. This blog will discuss the benefits of business process mapping. Workflow automation will be examined in juxtaposition with business processes and technology. We will explain what is a business process, what business process mapping is, business process maps, and more.
Successful accounting businesses have specific organizational goals. Business processes are the activities that when combined, accomplish the goals of CPA firms. Business processes have some of the following characteristics.
Business processes are part of the daily operations of accounting firms. Business process mapping helps an organization understand and clarify its common practices and reveal an organization’s competencies and deficiencies. Often, business processes are mapped using complex software solutions that can almost feel as if they need experts to manage.
Business process mapping entails creating graphic frameworks of the fundamental activities of an organization.
Both new and established CPA firms can benefit from utilizing business process mapping tools to create graphic representations of their processes. However, managing these systems can be easier said than done. Data hosting, ensuring uptime, promising security, enabling interoperability and patching, and IT service performance are often services best left to external specialists.
The benefits of business process mapping are multi-faceted as outlined below.
Automation is an exciting way to strengthen accounting firms by streamlining and improving processes and recognizing employees’ talents. In fact, approximately 53% of all accounting firms have initiated workflow automation systems. Automating business practices has several advantages.
It is understandable why accounting firms are eager to embrace business process automation tools. With that said, however, change can be challenging. This is where external support can mean all the difference.
Business process mapping is essential for automating business systems.
A comprehensive review of a firm’s business processes helps C-suite executives and technological gurus identify how automating business processes in some areas will increase employee morale and workload productivity. Working with Cetrom, can help CPA firms get started on the path to workflow automation.
Cetrom is a respected, proven cloud-based solutions provider 100 percent focused on supporting CPA firms. The company’s expertise is exclusively devoted to hosting accounting-specific applications. At the core of every Cetrom investment is security. As a result, the company has access to state-of-the-art security technologies and security methodologies to keep users secure during mapping or automation processes.
Business process mapping and automation are exciting options for innovative, forward-thinking CPA firms. Let Cetrom help your CPA firm streamline processes and transition seamlessly to automation. Contact Cetrom today to learn more about how we can help answer your questions about business process mapping and automating business processes.
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