Skip to content

Resource Category: Blogs & Articles

Out with the Old: Why Liscio’s Modern Client Portal and SmartVault’s Document Management Outperform Thomson Reuters’ Legacy Systems

The Limitations of Thomson Reuters’ Legacy Systems NetClient CS and FileCabinet CS once provided robust solutions, but professionals now face frequent issues: Performance Issues: Users report slow response times and system crashes, especially during peak tax seasons. Outdated Interfaces: FileCabinet CS is often described as clunky and unintuitive, leading to frustration and reduced productivity. Integration […]

Build a Hybrid Practice: Meeting Your Clients’ Paper and Digital Needs

Build a Hybrid Practice: Meeting Your Clients’ Paper and Digital Needs In a perfect world, every client would have the same preference for either paper or paperless accounting. Not to be the bearer of bad news, but unfortunately, we don’t live in a perfect world. That means your clients’ expectations for documentation could be all […]

Why SOC 2 Type 2 Compliance Matters for Accounting Document Management

What is SOC 2 compliance? Think of SOC 2 compliance as a set of rules for your firm to follow that ensures your clients’ data is secure. These rules were established by the American Institute of Certified Public Accountants (AICPA). Compliance with these rules is typically tested through an audit conducted by independent third-party examiners. […]

Thomson Reuters’ SafeSend Acquisition: Why Accounting Firms Are Saying ‘Here We Go Again’

A Pattern That’s Hard to Ignore When Thomson Reuters announced their acquisition of SafeSend, instead of celebration, practitioners shared a collective concern that echoed through social media: “Here we go again.” Why Such Skepticism? Ask any accounting professional about their experience with Thomson Reuters’ software solutions, and you’ll likely hear stories that explain this reaction. […]

How to Create Efficient Processes with Paper (Yes, Really!)

By adopting a digital-first approach, you can avoid a total overhaul while making immediate improvements. But what does a digital-first strategy look like? Unlike paper versus paperless, it’s a little less black and white. Essentially, you’ll keep using paper when appropriate (like when a client prefers a physical document), and you’ll also optimize your practice […]

Ditch Your Basic DMS: Why Generic Software Isn’t Good Enough

Let’s be honest — you might be tempted to settle for a basic document management system (DMS). After all, if it stores documents, it does the job, right? Well, not exactly. Your accounting firm needs better than basic. Investing in an advanced, purpose-driven DMS allows you to scale your operation, increase efficiency, and reduce costs […]

Digital-First Accounting: The Partially Paperless Approach

Paperless is the word of the decade for the accounting industry. However, few companies can achieve this lofty goal, with only about 18% of businesses today considered truly paperless. This modern push just isn’t possible for every business, and you shouldn’t feel pressured to change completely. Even if you transition to a paperless office, it’s […]

Using AI to Cut Tax Prep Time in Half: Key Insights from Industry Experts

In a recent webinar, industry experts shared valuable insights on how accounting firms can leverage AI and automation to significantly reduce tax preparation time while maintaining accuracy and compliance. The session featured Dave Hasse, CPA and founder of TruePrep AI, Sergio Bustamante of MSB Tax and Accounting, and Daniel Fritz, VP of Product at SmartVault. […]

4 Client Portal Best Practices

Portals have gone from clunky, limited beginnings to having a long list of bells and whistles. But having the right client portal features is only half the equation. You have to implement them in ways that enhance both client experience and operational efficiency. Over two decades of real-world implementation have revealed clear patterns in what […]

10 Must-Have Client Portal Features

Whether you’re a healthcare provider sending intake forms, a university handling application documents, or a lawyer managing case files, the right client portal can make sharing, collecting, and organizing all your business and client documents easier. Think of the client portal as your digital command center – it’s a secure, organized space where you and […]

TOA Global and SmartVault: Keeping data secure with offshore teams

We’re excited to announce a new partnership between TOA Global, the leader in offshore staffing solutions for accountants, and SmartVault, the preferred cloud-based document management platform. Together, we’re empowering accounting firms to scale smarter, faster, and more securely. This partnership brings together TOA Global’s expertise in providing highly skilled offshore accounting teams with SmartVault’s secure, […]

How “Linking Clients” Makes Client Management 100x Easier

Imagine you’re doing work for Client A, but you need something from Client B’s folder. Maybe Client B is a business partner, spouse, dependent, or a separate entity fully or partially owned by Client A. So you track down Client B’s files. Perhaps that involves opening a new window, doing a completely new search, having […]

Say Goodbye to FileCabinet CS + NetClient CS and Hello to SmartVault + Liscio

Tired of suffering through tax season with unreliable software that crashes and disrupts your workflow? As an UltraTax CS user, you may feel stuck using Thomson Reuters’ single-ecosystem platforms – FileCabinet CS and NetClient CS – simply because they integrate with your tax software. But you don’t have to settle for subpar tools that hinder […]

Building a Global Accounting Team: Proven Strategies from Industry Expert Nick Sinclair

In a recent webinar on building self-sustaining accounting firms, industry expert and founder of TOA Global, Nick Sinclair, shared invaluable insights on this very topic. Nick – having run his own firm for over 12 years – understands the pain points accountants face all too well, including: Difficulty scaling operations to meet growing demand Struggles […]

Building a Self-Sustaining Accounting Firm: Insights from Industry Leaders

What if there were things you could do that’ll let you step back from day-to-day operations while still running a successful, growing business? This was the central question addressed in a recent webinar hosted by SmartVault and Financial Cents, featuring industry thought leaders Nick Boscia, CPA, EA, and Nick Sinclair. Their insights paint a picture […]

The Competitive Advantage of Choosing an Accounting Niche

What Are the Advantages of Choosing an Accounting Niche? By becoming experts in a focused niche, you can provide clients with tailored services, charge premium fees, and build a formidable brand reputation – all leading to these top seven advantages: Better Client Service: When you deeply understand the intricacies of an industry or specialty service, […]

Reduce Admin Tasks by 60% with Liscio and SmartVault Integration

It started with manual, paper-based processes. Years ago – or perhaps even today – you’ve passed hardcopy documents back and forth between clients and teams. Played phone tag or sent documents or flash drives in the mail. Now, why do these challenges still exist in the ‘digital age?’ Many firms rely on outdated, unreliable software. […]

Eric Green’s Tips for Managing Clients, Documents, Deadlines, and Pricing

Are your staff spending countless hours dealing with clients’ disorganized documents? Having to find, sort, and file hardcopy or electronic documents increases overhead costs that can cost firms thousands (and annoy your team, too). Tax attorney Eric Green recognized his team was doing just that – investing hours of time before projects could truly start […]