The modern, advanced technology has touched almost every aspect of life and business. Particularly for public accounting practice, technology has its impact on the CPA firms as well. CPAs are keen towards following the evolved work-related processes for higher productivity.
Alongside, there are advanced accounting software tools available to benefit them in various processes. For instance, with the help of cloud computing, most of the software are easily available for use on the cloud.
Ahead of all the competition in the world of technology, one can rely more on the views or opinions of professional accountants and CPA firms about the best technology that they love to use.
Keeping that in mind, CPA Practice Advisor, one of the leading magazines that offer valuable insights for CPAs related to the accounting industry has recently carried out a survey for Reader’s Choice Awards 2019. These awards are given to recognize technologies that professional accountants trust and use a lot to offer their services. More than four thousand professionals participated in voting this year.
Here are the results of Reader’s Choice Awards 2019 detailing the best technology/software in different aspects –
| Technology/Software | Winner |
| In-Firm Technologies | Drake Software |
| Specialty Systems & Tax Prep Tools | QuickBooks Self-Employed |
| Tax Planning Systems | Drake Tax Planner |
| Tax and Accounting Research Systems | TheTaxBook – Tax Materials Inc. |
| 1099/W-2 Compliance | Drake Client Write-Up |
| Sales and Use Tax | CFS Tax Software |
| Sales & Use Tax Exemption Certificate Management | Thomson Reuters ONESOURCE Exemption Cert. Manager |
| Accounting Write-up Systems | Intuit QuickBooks Accountant |
| Audit Engagement Tools | Thomson Reuters PPC SMART Audit Suite |
| Payroll | Intuit QuickBooks Payroll |
| Business Valuation | SageWorks Valuation Solution |
| Practice Management/Time & Billing Systems | Thomson Reuters Practice CS |
| Time and Billing | QuickBooks Time by QuickBooks |
| Online Invoicing/Bill Payment Solutions | Intuit Payments |
| Client Portals | Drake Software SecureFilePro.com |
| Document Management & Document Storage | Drake Document Manager |
| Document Management Utilities | Fujitsu |
| Tax Document Automation | Intuit Tax Import for Lacerte & ProSeries |
| Comprehensive Firm Workflow Systems | Thomson Reuters Practice CS Project Management |
| Other Workflow Tools | Intuit Tax Import or DMS for Lacerte and ProSeries |
| Website Builders & Services for Accounting | Drake SiteDart Website Services |
| Small Business Accounting Systems | Intuit QuickBooks Desktop |
| Online Small Business Accounting | Intuit QuickBooks Online/Online Accountant |
| Expense and Travel Management Solution | Expensify |
| Retail Accounting/Point-of-Sale | Intuit QuickBooks Point-of-Sale |
| Not-for-Profit Accounting | Intuit QuickBooks Premier Nonprofit |
| Fixed Asset Management | Intuit ProSeries Fixed Asset Manager |
| GENERAL BUSINESS TECHNOLOGIES ASP/Hosted Solution Providers | Drake Hosted |
As a part of the survey, CPA Practice Advisor also asked his readers about their choice of the best hardware they use at work. The results are as follows:
| Laptop and Desktop Computers | Dell |
| Smart Phone Brand | Apple |
| Tablet Brand | Apple iPad |
| Printers and Scanners | HP |
Conclusion
It is truly believed that an existing user of specific technology can help others with his or her reviews about it. On that line of thought, Reader’s Choice Awards 2019 have considered different advanced tools and software to be the winners in different categories, as detailed above.
If you want to know more about these awards, check here.
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