Future-Ready Firms Grow with Productivity and Peace of Mind

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Future-Ready FIRMS with Productivity and PEACE OF MIND When you have to be right 2015-0344-11A.1 Be inspired by one common goal — SUCCESS! Visit CCHGroup.com/Faces to read these case studies and more. Implementing a Digital Tax Workflow = Time Saved = More Revenue and More Profit Utilizing Wolters Kluwer digital tax workflow, Smith + Salisbury, PLLC estimates it’s saving 5 minutes per return . 5 minutes saved per return x 1,000 returns per year 5,000 minutes saved (over 83 hours) How McCarthy, Rose & Mills, LLP Doubled the Industry’s Average Growth Rates Since the firm implemented CCH Axcess in 2012, it has been able to outpace top firm average growth by 2 to 4 percent year-over-year . Christopher M. Salisbury, CPA/PFS, CFP, CSEP, Partner, Smith + Salisbury, PLLC Money Saved Time Saved average blended hourly rate: $125 3,000 minutes (600 returns) 1,000 minutes (200 returns) 2,000 minutes (400 returns) 4,000 minutes (800 returns) $5,000 (40 hours) $7,500 (30 hours) $2,500 (20 hours) 5,000 minutes (1,000 returns) $10,000 (80 hours) Average Top Firm Growth Average McCarthy, Rose & Mills, LLP Growth 12% 4% 6% 2% 10% 8% 83 hours saved per year $10,000+ in the bank Brett Mills, CPA, Partner, McCarthy, Rose & Mills, LLP Source: Accounting Today, 2014 Top 100 Firms Supplement, http://cdn.accountingtoday.com/pdfs/Top100-firms-2014.pdf

Transcript of Future-Ready Firms Grow with Productivity and Peace of Mind

Page 1: Future-Ready Firms Grow with Productivity and Peace of Mind

Future-ReadyFIRMS

with Productivity and PEACE OF MIND

When you have to be right

2015

-034

4-11

A.1

Be inspired by one common goal — SUCCESS!

Visit CCHGroup.com/Faces to read these case studies and more.

Implementing a Digital Tax Workflow = Time Saved = More Revenue and More ProfitUtilizing Wolters Kluwer digital tax workflow, Smith + Salisbury, PLLC estimates it’s saving 5 minutes per return.

5 minutes saved per return

x 1,000 returns per year

5,000 minutes saved (over 83 hours)

How McCarthy, Rose & Mills, LLP Doubled the Industry’s Average Growth RatesSince the firm implemented CCH Axcess™ in 2012, it has been able to outpace top firm average growth by 2 to 4 percent year-over-year.

Christopher M. Salisbury, CPA/PFS, CFP, CSEP,Partner, Smith + Salisbury, PLLC

Mon

ey S

aved

Time Saved average blended hourly rate: $125

3,000 minutes(600 returns)

1,000 minutes(200 returns)

2,000 minutes(400 returns)

4,000 minutes(800 returns)

$5,000(40 hours)

$7,500(30 hours)

$2,500(20 hours)

5,000 minutes(1,000 returns)

$10,000 (80 hours)

Average Top Firm Growth Average McCarthy, Rose & Mills, LLP Growth

12%

4%

6%

2%

10%

8%

83 hours saved per year$10,000+ in the bank

Brett Mills, CPA,Partner, McCarthy, Rose & Mills, LLP

Source: Accounting Today, 2014 Top 100 Firms Supplement, http://cdn.accountingtoday.com/pdfs/Top100-firms-2014.pdf