{"id":96412,"date":"2022-01-28T18:03:00","date_gmt":"2022-01-28T18:03:00","guid":{"rendered":"https:\/\/silverfin.com\/resources\/side-by-side-working-papers-review\/"},"modified":"2026-02-17T05:46:30","modified_gmt":"2026-02-17T05:46:30","slug":"side-by-side-working-papers-review","status":"publish","type":"post","link":"https:\/\/silverfin.com\/en-ie\/resources\/side-by-side-working-papers-review\/","title":{"rendered":"Streamlining Accounting with Paperless Working Papers"},"content":{"rendered":"\n

Transitioning to paperless accounting not only reduces costs but also boosts efficiency for accountancy firms, despite the challenges of moving away from traditional paper-based processes.<\/span><\/p>\n\n\n\n\n\n\n\n

Take working papers for example. After they’re prepared, complex excel spreadsheets are typically printed for review by senior managers. These paper copies are marked up by hand, with notes and actions. Associate accountants then fire off emails to colleagues or to the client, updating reconciliations as they go. Then this print and review process is repeated…<\/p>\n\n\n\n

A waste of time, money and of course, a lot of paper.<\/p>\n\n\n\n

Enhancing Efficiency with Silverfin\u2019s Paperless Review Features<\/span><\/h2>\n\n\n\n

Silverfin transforms traditional accounting with digital working papers that feature ready-to-use templates and direct links to client bookkeeping data, together with integrated collaboration tools, to make it faster and easier to prepare<\/span> work paper packs – entirely digitally.<\/p>\n\n\n\n

And now we\u2019ve made the working paper review<\/em><\/span> stage better too.<\/p>\n\n\n\n

Despite the shift to digital, some partners preferred traditional paper-based reviews for comparing current and previous working papers, using printouts side-by-side on the desk.<\/p>\n\n\n\n

But this traditional approach brings several problems. You lose the important digital audit trail of changes or comments for tracking and transparency purposes. Moreover, the reviewer doesn\u2019t get to see the accompanying messages, completed tasks or attached documents and invoices, all of which are stored digitally within the client\u2019s workflow.<\/p>\n\n\n\n

It\u2019s this built-in collaboration<\/a> capability in Silverfin that is critical for firms aiming to streamline the end-to-end compliance process.<\/p>\n\n\n\n\"Download<\/a><\/span>