CaseWare solutions allow us to be competitive and help us build our customer portfolio

It has been a hard and tiring journey for us trying to get a solution to our time consuming and exhausting preparation of the annual report and financial statements which not only has strict time lines but requires quality output.

This journey came to an end about two years ago when we met Caseware Africa. Caseware Africa’s software has made our preparation on quality financial statements fun and timely.

 

 

 

With the use of Caseware, we are now able to complete the preparation of the financial statements and review them in less than a month, giving management and the board humble time to review and approve the statements. Previously we had to call for an ADHOC board to approve the statements given that they would be ready the last day of the statutory timeline.

Thank you Caseware Africa. – NHIF (National Hospital Insurance Fund)

CaseWare makes preparing financial statements easy and fast

It has been a hard and tiring journey for us trying to get a solution to our time consuming and exhausting preparation of the annual report and financial statements which not only has strict time lines but requires quality output.

This journey came to an end about two years ago when we met Caseware Africa. Caseware Africa’s software has made our preparation on quality financial statements fun and timely.

 

 

 

With the use of Caseware, we are now able to complete the preparation of the financial statements and review them in less than a month, giving management and the board humble time to review and approve the statements. Previously we had to call for an ADHOC board to approve the statements given that they would be ready the last day of the statutory timeline.

Thank you Caseware Africa. – NHIF (National Hospital Insurance Fund)

Caseware adds to the bottom line for busy accounting firm

Using CQS CaseWare Working Papers, H&K Accounting Solutions partner Hugo de Rosnay produced eight sets of annual financial statements in under two hours. And in doing so, he says he has full confidence of complete compliance with IFRS requirements, while also being afforded scope to take on more clients.

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“As a sole business owner, the productivity boost from using CQS CaseWare is remarkable. The payback period on the price of the software is also negligible: after using it to do three sets of financial statements, it has paid for itself,” says a delighted de Rosnay.

He says the first time use does take a little longer, owing to the requirement to set the software up, but after that it is plain sailing. “Efficiency is very important when producing financial statements. Most clients have theirs done within the first month of year end; with CQS CaseWare, it is quite possible to do thirty to forty sets in that month.”

Most importantly, stresses de Rosnay, that is achieved with no compromise in quality. “The solution supports the delivery of an efficient and professional service to my clients. And I depend on CQS to keep me updated on IFRS and to ensure I am compliant with my clients’ Annual Financial Statements. In short, CaseWare is efficient, professional and easy to use.”

“As a sole business owner, the productivity boost from using CQS CaseWare is remarkable. The payback period on the price of the software is also negligible: after using it to do three sets of financial statements, it has paid for itself,”

Hugo de Rosnay

Don’t miss a minute with CaseWare Time

Accounting professionals tend to feel strongly about CQS’ CaseWare solutions. That’s because once they start using software specifically designed to support their work, it becomes indispensable. That’s certainly the case for Mary-Anne Fanner, proprietor of Compu-Accounting, a company which provides accounting and tax consultancy services.

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“We’ve relied on CaseWare Time for the last 8 years, but still remember when we first moved to it,” says Fanner. “That’s because it paid for itself within two months.”

Keeping track of time spent on clients was formerly done in a spreadsheet, continues Fanner. “This was inadequate as the possibility of missing billable hours was always there. With CaseWare Time, that problem is eliminated. You can easily review work in progress through the month gauge if enough has been done to bill in that month. With reports pertaining to client history, you can instantly see if the client is worth writing down for non-billable hours,” she says.

The solution also supports improved staff productivity. “You can manage your staff far more efficiently regarding their billable and non-billable time. You can also see baselines and compare each year’s productivity against the preceding years,” Fanner notes.

And with an accurate record of which employees have turned in the most billable hours, CaseWare Time makes it easy to decide on bonuses and annual increases based on productivity reports.

“CaseWare saves time, improves productivity and efficiency, while providing an instant view of the company performance at any time. There is much more to CaseWare Time than just billing, it’s a management tool. It gives me more control and allows me to effectively manage my practice. Would I recommend it? Absolutely.”

“That’s because it paid for itself within two months.”

Mary-Anne Fanner

No more versioning challenges with SmartSync

The ease with which electronic files can be duplicated can cause challenges with versioning, particularly when working collaboratively. This was an administrative reality for busy accounting practice Zomersig Accounting Services, which operates in the Western Cape wine-making region. However, with the implementation of SmartSync, the company has eliminated this source of frustration and given its team of professionals a productivity boost.

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That’s according to Arend Neethling, manager at Zomersig Accounting Services. “Before migrating to SmartSync, the method was to simply copy CaseWare files from the server onto a laptop, work on the files, and then copy them back.”

The drawbacks to this approach include the inadvertent creation of multiple versions of the same files, resulting in the potential for confusion and hampering efficiency.

Neethling says the previous Caseware Working Papers deployment required substantial bandwidth which made it difficult to collaborate. “Even on a simple local network, only one person could work on a CaseWare file and enjoy good access speeds,” he remarks.

The introduction of SmartSync has solved most of these issues, Neethling says. “With a lower bandwidth requirement, multiple people can work on the same file on the same server with no slowdown.”

He adds that the introduction of uncapped internet is a further bonus, as most clients are more than happy to let visiting accountants or auditors use their connection. “If a Sync copy is made before field work, a VPN connection can be employed to ensure that the server copy is always up to date.”

Not only does this eliminate the problem of versioning, but it also minimises the risk of lost work.

He has particular praise for the performance of SmartSync in dealing with the larger clients of his company which typically require collaboration within CaseWare Working Papers. “Collaboration on these tasks definitely saves time. Efficiency is also improved, as every person is able to work at the processing speed of his or her computer, whereas in the past, performance was limited by network bandwidth. Due to this, files requiring collaboration have almost zero slowdown.”

Any accounting company that has collaborative work as part of its business processes would do well to consider SmartSync, Neethling believes.” Even the implementation is simple. Installing SmartSync is seamless and the only training required is a slight education of users to click a little tick mark when opening it. The software takes care of the rest.”

In short, he says “SmartSync has made things easier and has increased file fidelity.”