Challenges Facing the Audit Profession
The audit lifecycle is ongoing. No matter where you are in the year, you are tracking key milestones in planning, fieldwork, and wrap-up for multiple engagements.
You keep detailed workpapers and capture everything in your engagement binders, but do you find yourself emailing different seniors, managers and staff to gain a consolidated view of projects? Is your budget compromised during the wrap-up phase, the technical review, and/or financial statement work?
XCM Is Productivity, Simply Enabled™
At any time, a manager or partner can use XCM to easily see the status of a project, who worked on it and for how long, how it moved through the office, and where it will go next.
XCM provides easy access to questions, issues and review points, engagement milestone tracking, and any pertinent task-specific knowledge—putting all structured and unstructured data right at your fingertips. Integration options provide easy access to relevant documents in your engagement system through XCM.
By saving even just a few minutes on each step of the process with XCM, you could easily recoup more than 100 hours per person over the course of a tax season.