Mike Sab­batis

Accounting Today - - Special Report: The Tax Office Of Tomorrow Spotlig -

Chief ex­ec­u­tive of­fi­cer

What do you think are the most im­por­tant changes fac­ing tax prac­tices? Reg­u­la­tory is­sues, hu­man cap­i­tal and tal­ent, adapt­ing to change, and the faster pace of busi­ness. While reg­u­la­tory is­sues need clar­ity, the big­ger is­sue is for pro­fes­sion­als to develop the knowl­edge and skills to deal with them or to find the tal­ent to fill the gaps. The re­quire­ment to adapt to the chang­ing busi­ness cli­mate and be rel­e­vant to your clients is crit­i­cal for ac­coun­tants to­day. Fi­nally, busi­ness isn’t slow­ing down and the best-per­form­ing com­pa­nies out­pace the mar­ket, and that im­pacts firms and their clients.

How are you help­ing them adapt?

These ar­eas have been core to XCM since our in­cep­tion. We pro­vide ex­cep­tional vis­i­bil­ity and con­trols that move work faster and im­prove qual­ity so firms’ pro­fes­sion­als op­er­ate at peak per­for­mance. Re­source lev­er­age comes from a plat­form that de­liv­ers busi­ness process ex­cel­lence. With XCM’s out­source ser­vices, firms can aug­ment staff with pro­fes­sion­als in tax and ac­count­ing, sup­port­ing firm growth and client re­spon­sive­ness. Bet­ter process ex­e­cu­tion is XCM, and XCM is “Pro­duc­tiv­ity, Simply En­abled.” XCM is an open work­flow plat­form that works with or­ga­ni­za­tions to re­duce turn­around times on client de­liv­er­ables, such as tax re­turns, client ac­count­ing ser­vices and au­dit en­gage­ments — de­liv­er­ing a five-times re­turn on their in­vest­ment. XCM can ben­e­fit or­ga­ni­za­tions who need to de­crease busi­ness process time frames by: 1. Stream­lin­ing work rout­ing to ad­dress bot­tle­necks 2. En­abling full trans­parency — so noth­ing falls through the cracks 3. Re­duc­ing the risk of costly er­rors with multi-ju­ris­dic­tional due-date track­ing We man­age mil­lions of pro­cesses per year, en­abling pro­fes­sion­als to com­plete more work, in less time, with greater qual­ity. XCM is a pre­ferred part­ner so­lu­tion of CPA.com. For more in­for­ma­tion, visit www.xcm­so­lu­tions.com

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