As accounting companies respond to client pressures around new technologies and operating models,
their role as trusted advisors has arguably never been more vital – or valued. They are, nevertheless,
facing pressing challenges.
Staffing, succession planning, tax reform, cybersecurity, merger mania, commoditization of core services,
the demand for more CPAs, and the search for relevance — these have all been cited as key concerns of
accounting firm executives. But which concerns and issues affecting this sector rise to the top? Minimizing Risk and Protecting Reputation
There’s much more at stake for professional services companies in managing compliance and security risks than fines from regulatory bodies. Their reputations are at stake. A damaged reputation can be the death knell for these firms. These organizations can protect their reputation and lower risk with a few key considerations:
Airtight data security measures
Along with an immense amount of confidential information comes the huge responsibility of data
security. Dynamic document permissions capabilities and encrypted, secure information should be the
cornerstone of an accounting firm’s information strategy to ensure that sensitive data does not end up
in the wrong hands.
Casto Information Management Systems, a Global Technology Solutions Company was founded in 1996 and is owned and operated by founders, Ron and Connie Casto.
For more than two decades, CIMS has been a leading full-service document management solutions provider delivering document management, business process workflow, paper and e-document capture, forms processing using OCR, ICR, and Mark Sense recognition, Accounts Payable automation, case management (DCM), robotic process automation (RPA), and ISO 9000 solutions. Contact us today or call directly (256) 882-3370.