XCM Solutions, LLC, recently announced the availability of XCM 8.0, the next generation of its firm-wide workflow management software, featuring enhanced usability, expanded integration, and new functionality that further extends XCM's utility for all areas across public accounting firms and within corporate tax, accounting, and finance departments.
XCM Solutions CEO and lead software architect Mark Albrecht previewed new functionality for attendees at its Annual User Conference in Boston.
"XCM has become an indispensible tool for my firm," said Fredric M. Silverman, CPA, MBA, principal at Janover, LLC, Garden City, New York. "You can tell that it's developed by practitioners for practitioners, and that they really care what users think. With each new update, XCM continues to raise the bar for accounting workflow software. This makes XCM superior to other workflow solutions and a moving target for any competitors. XCM never sleeps."
XCM 8.0 balances new functionality for greater firm-wide workflow automation with enhanced usability for all roles across the firm:
- Workflow mapping empowers professionals to standardize all processes, while providing the flexibility to change based on task-specific requirements;
- Expanded roles give firms greater flexibility and customization in assigning work according to their internal structure and processes out of the box;
- Expanded bulk update capabilities allow users to more easily add information to multiple tasks simultaneously;
- Automatic rollover moves tasks forward to the next year upon completion, saving time by automating the process;
- Auto-fill capability in key fields simplifies searching, and a more streamlined navigation improves accessibility to key functionality throughout the application.
As part of the latest release, XCM Solutions also has expanded integration with the CCH product suite to its practice management software through an engine that also will allow for integration with other leading practice management systems. Integration with practice management enables automatic updates to client information within XCM when clients are added or updated within the practice management system. XCM already integrates with CCH's ProSystem fx Document, Windows Explorer, and other Web-based document management systems, giving firms real-time access to important client documents as the work moves intelligently through the office or across multiple offices.
Designed by CPAs for the CPA profession, XCM is an intuitive, Web-based application that automates and standardizes processes for completing work throughout CPA firms and in all departments, including audit, tax, consulting, and human resources, according to the company. XCM is the only standalone work-management solution for the entire CPA firm, and was recently selected by the AICPA as its preferred provider for firm-wide workflow solutions, joining CPA2Biz's Trusted Business Advisor Solutions platform.
About XCM Solutions, LLC:
Founded by CPAs, XCM Solutions, LLC, provides accounting firms with Web-based workflow management solutions that increase efficiency, productivity, and profitability. The company's management team has drawn on its extensive experience in public accounting and clear understanding of the paper-driven workflow issues facing the profession to develop technology that addresses those challenges.
XCM's customer-guided development process has helped the company continuously raise the bar for business process automation solutions for the accounting profession. The award-winning XCM workflow management software has become a key piece of the technology equation for firms re-engineering paper-based processes as they move toward a paperless environment.
In 2010, CPA2Biz, a subsidiary of the American Institute of Certified Public Accountants (AICPA), and XCM Solutions formed a strategic alliance to bring the XCM workflow management software into CPA2Biz's Trusted Business Advisor Solutions cloud computing platform.