CPA2Biz and XCM Solutions Form Strategic Alliance

Partnership Increases Efficiency, Productivity for CPAs

NEW YORK, May 6 /PRNewswire/ -- CPA2Biz, the leading national provider of Web-based solutions for CPAs, and XCM Solutions, LLC, a pioneer in work-management technology for the accounting profession, have formed a strategic alliance. The agreement brings XCM Solutions' workflow automation capabilities into CPA2Biz's Trusted Business Advisor(SM) Solutions cloud computing platform.

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.

"XCM™ replaces the cumbersome and inefficient manual process of moving paper files through the office and centralizes important task information typically housed in disparate applications, paper files and routing notes," said CPA2Biz CEO Erik Asgeirsson. "It helps eliminate countless non-billable hours chasing returns or looking for files. Firms of all sizes can use XCM as a strategic management tool to increase efficiency and improve customer service. CPAs can turn the productivity improvements into more billable hours and a greater profit margin."

XCM is the only standalone work-management solution for the entire CPA firm. The company's Version 7.0 elevates work management from a departmental function to a complete, firm-wide solution. It provides a full picture of all work within the firm.

"This alliance represents a significant recognition of workflow software as a foundational element of a paperless office and of XCM as an important solution to the accounting profession," said XCM Solutions CEO Mark Albrecht, CPA, MST. "We truly believe in CPA2Biz's vision for offering firms a suite of best-in-class products and are very pleased to be a part of the CPA2Biz platform."

XCM Solutions joins Bill.com, Copanion, Intacct and Paychex as part of CPA2Biz's Trusted Business Advisor Solutions platform. With cloud computing transforming accounting firm practices, CPA2Biz selects partners who have a leading application serving a core accounting function that can be easily integrated into other leading applications. CPA2Biz believes that through this approach, it can deliver optimal value and the highest quality service to CPAs worldwide.

For further information about XCM Solutions and to register for a free webinar, visit www.cpa2biz.com/workflow.

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. For more information about XCM, visit XCMSolutions.com.

About CPA2Biz, Inc.

CPA2Biz is a subsidiary of the American Institute of Certified Public Accountants (AICPA), and provides marketing and technology services to the AICPA for its wide array of products and services. CPA2Biz also develops and manages client-focused business solutions programs (e.g. payroll, bill management) that enable CPAs to build stronger relationships with their business clients or employers. For more information, visit www.cpa2biz.com.

(SM)Trusted Business Advisor is a service mark of CPA2Biz, Inc.

™XCM is a trademark of XCM Solutions, LLC.

SOURCE American Institute of Certified Public Accountants