HAUPPAUGE, N.Y., June 11 /PRNewswire/ -- Accounting Relief, a leading cloud computing-based accounting software solution from AccountantsWorld that lets accountants and their clients work collaboratively, has received the 2010 Innovation Award from The CPA Technology Advisor, the leading independent technology resource for accountants.
Now in their seventh year, the Innovation Awards honor emerging technologies that have the potential to significantly impact the accounting profession and the day-to-day work of tax and accounting professionals. Winners are selected by The CPA Technology Advisor's editorial advisory board and awards committee.
This year, Accounting Relief has been recognized for providing an all-in-one solution that fundamentally changes the way accounting is performed. Accounting Relief addresses the major limitations of traditional small business accounting software. The greatest of these challenges is that currently available systems let small business owners, who usually don't know accounting, do whatever they please, resulting in client bookkeeping errors and tremendous inefficiencies for accountants and clients.
Accounting Relief eliminates this problem by letting accountants work collaboratively with their clients in one unified online system, with accountants acting as project leaders. Accountants customize the system for each client, giving clients access to only the functions they are capable of performing, thus dramatically reducing client errors.
"We are honored to receive this award from The CPATA," said Dr. Chandra Bhansali, President of AccountantsWorld. "We received the first Innovation Award for our Payroll Relief solution, and we're thrilled to now garner one for Accounting Relief. Both awards represent the realization of the same basic goal: to re-shape the paradigms of two core small business services—accounting and payroll.
"We have been able to harness the power of the Internet to put accounting back on its feet. The bookkeeping systems that are sold directly to small businesses have eroded the accountant's role in a way that's actually detrimental to small businesses. Our new way of performing client accounting, where accountants and their clients work collaboratively, greatly enhances productivity for both and lets accountants offer timely financial advice to their small business clients that is crucial for their success. We believe this Accountant-Centric paradigm is the future of accounting, and it's immensely gratifying to have that vision validated by The CPA Technology Advisor."
Based in Long Island, New York, AccountantsWorld has been serving accounting professionals for over 25 years. Offering a wide spectrum of software solutions, services and resources, AccountantsWorld is a pioneer in helping accountants harness the power of the Internet and make the most of their client relationships. Each month, over 120,000 accountants use the resources available on the AccountantsWorld.com portal. AccountantsWorld has created a new breed of "accountant-centric, client-friendly" solutions that let accountants work in true collaboration with their small business clients on core services including accounting, payroll, and financial management.
Please call (631) 415-9242 to schedule interviews with Dr. Bhansali. Visit www.AccountantsWorld.com for details on Accounting Relief.