Randy Johnston, CEO, Network Management Group, Inc. and Dr. Leslie Garrett, CEO of Insight Research Group are pleased to announce the winners of the 5th Annual Accounting Firm Operations and Technology (AFOT) Survey Awards.
Survey respondents identify the software used in their accounting firm that has the greatest impact on their firm in three separate categories: Profitability, Risk Mitigation and Productivity.
The 5th Annual AFOT Survey results book will be released in May 2018. Respondents selected award-winners in each category from a list of 87 accounting firm software products.
“The award-winning vendors are recognized by their customers for having the greatest positive impact on their business in three critical business areas,” said Garrett. "If you are using or considering one or more of these award-winning software products in your firm, you are selecting some of the leading providers’ solutions, as voted on by an audience of your peers.”
Respondents select three software vendors, one winner in each award category, resulting in an award-winning software identified for all sizes of firms participating in the survey. “These awards are valued by accounting professionals because they are bestowed on a vendor by the people in the trenches using their software day-in and day-out,” continued Garrett.
The AFOT Survey is produced independently and garners participation from firms of all sizes across the United States. Due to the methodology the survey founders use to collect data from firms nationally, this survey data remains the most valid data produced concerning the general accounting firm population.
“Every year of the AFOT survey provides a new insight on shifts in the profession,” said Johnston. “If a CPA firm is trying to understand what peers are using in their practices and wants to spot action items for improving their practices, the AFOT survey is a great place to look and learn. This year’s survey showed the most significant change of all survey years. Firms are questioning the status quo and want to buy new technology in all practice areas while actively looking for solutions. The award winners name the best of the best tools for CPAs in public practice.”
profitability awards
risk mitigation awards
productivity awards
Information about the Accounting Firm Operations and Technology Survey
The 90-question survey launches every October and closes in January. The survey contains multiple choice questions designed for accounting, tax and bookkeeping professionals working in firms of all sizes. Survey respondents who complete the survey are given a free copy of the survey results eBook from the survey founders ($495 value). The survey results book includes multiple years of data, survey results by size of firm and trend-line commentary from the survey founders allowing those who read it to benchmark their firm and recognize trends that rise and fall year-over-year.
The survey includes questions in the following areas:
- Demographics
- Practice Management
- Technology Management
- Operating Systems
- Computer Hardware
- Application Software
- File and Data Storage/Management
- Remote Access/Internet/Telecommunications
- Technology Spending, Decision-making, Annoyances and Trends