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Ringfence your digital accounts with MyWorkpapers’ upcoming innovation – Dual Coding

May 16, 2024

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
You can find the original post here:
https://www.myworkpapers.com/press-releases-gb/ringfence-your-digital-accounts-with-myworkpapers-upcoming-innovation-dual-coding/

MyWorkpapers is working hard to address a growing problem that accountants and auditors face with technology, with its upcoming release Dual Coding.

Currently in the final stages of development, this new feature will allow firms to quarantine their digital general ledgers to retain control of their chart of accounts (COA) and client data.

As many firms have moved their accounting processes to various bookkeeping and accounts production solutions, they have discovered transferring client data increasingly challenging.

“Business owners looking to switch accountant or accounting software, are increasingly finding it harder to move their important COA data around,” explains Stephen Burgess, Chief Revenue Officer at MyWorkpapers.

“This is equally frustrating for accountants, who want to deliver the best possible service and technology to their clients but aren’t easily able to do so.”

MyWorkpapers’ smart Dual Coding feature effectively retains a current backup of this key information within its digital working papers.

This gives accountants and auditors peace of mind that they can access this critical data regardless of the platform they or their clients choose to use.

“Having listened to many firms, we feel that this innovation is the right step and allows accountants and their clients to take back control of their data and processes,” added Stephen.

To find out more about MyWorkpapers’ award-winning software, which is trusted by more than 900 firms worldwide, please book a demo.

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