Intersection Live - CPA Technology Advisor

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Streamlining electronic transaction processing

1. Check Processing & Conversion
   1. Returns processing (Xcelerated Returns)
   2. Use of timely data to make important decisions
2. BOC (Back Office Conversion)
   1. New Industry movement approved by NACHA
   2. Organizations improve efficiency and experience fewer check conversion errors
   3. Equipment expenses are reduced
3. Credit Card Processing
   1. Customers expect it (increase customer satisfaction)
   2. Shop around for competitive rates, but look out for hidden fees… transaction rates and discount rates are not the only things to consider
   3. Look for a provider that can consolidate all payments (i.e. credit card, check, ACH debits) into one system
4. Risk Management
   1. Identify that companies you work with are legitimate
   2. Before engaging in business, research valid tax ID numbers and registration in respective states
   3. Verify physical locations
   4. Confirm that you have signed agreements in place before processing payrolls, payments, etc.
   5. Uphold the same standards for all customers

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Greg interviews Barry Friedman and Andrew Murdock about BizConference, their new, affordable Web Meeting Tool that does away with downloading, beats the competitions in both features and price and has a FREE 14 Day Trial.

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 The Auditor's Toolkit: Play Now | Play in Popup | Download (1247)

“The Auditor’s Toolkit” features Executive Editor Greg LaFollette and industry thought leader Randy Johnston discussing the evolution of products and technology in the accounting market aimed at revolutionizing the audit process. (For more great insight, look for Randy’s column “From the Trenches” in our upcoming November issue titled “Key Technologies for Audit Teams.”)

Special thanks to Thomson Creative Solutions for sponsoring this edition of Intersection LIVE.

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Greg LaFollette CPA.CITP

Steve Rhee Doublesight

Dual Screen Monitors are a surefire way to increase the overall productivity in your firm by 20 to 50%. Executive Editor, Greg LaFollette visits with DoubleSight Displays Director of Marketing, Steve Rhee about the ways dual screen solutions can enhance the efficiency in your practice as you move to a less-paper environment.

Make sure to listen for a special code given at the end of this podcast where you can save money on a 17″ (Regular Price: $1,099; Special Podcast Price: $899) or 19″(Regular Price: $1399; Special Podcast Price: $1,174) dual screen solution and receive free shipping and a free video card by ordering online at www.doublesight.com before June 30, 2006.