What Technologies Accounting & Tax Pros Like Most

Last updated on January 13th, 2023

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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