ShareFile is now the exclusive AI-powered document workflow solution in AICPA's Member Discount Program, enhancing CPA collaboration and security.
Quiver AI Summary
Progress has partnered with the American Institute of CPAs (AICPA) to make ShareFile the exclusive AI-powered document workflow and secure file-sharing solution within the AICPA Member Discount Program. This collaboration aims to support accounting and finance professionals by streamlining their document-heavy tasks through ShareFile’s features, such as native e-signatures and automated reminders. Loren Jarrett from Progress expressed excitement about the partnership, noting that it will help CPAs improve client experiences and operational workflows. Todd Cooper from CPA.com emphasized ShareFile’s understanding of the unique challenges faced by accounting professionals. The AICPA Member Discount Program offers its members savings on essential products and services, making ShareFile a valuable addition.
Potential Positives
- ShareFile is now the exclusive AI-powered document workflow and secure file sharing solution in the AICPA’s Member Discount Program, enhancing its market credibility and visibility within the accounting profession.
- This partnership with AICPA allows ShareFile to reach a targeted audience of accounting professionals, potentially increasing its user adoption and customer base.
- The integration of ShareFile offers AICPA members enhanced workflows and security features, likely improving user satisfaction and retention rates.
Potential Negatives
- The announcement may suggest a lack of competition in their segment, which could imply that ShareFile is not widely adopted compared to alternatives, potentially limiting its market relevance.
- While partnering with AICPA is a positive step, the press release does not mention any specific metrics or expected impacts on revenue or customer acquisition, raising questions about the partnership’s actual effectiveness.
- The focus on being the "only AI-powered" solution could indicate a competitive vulnerability; if competitors successfully introduce similar offerings, this unique positioning may quickly diminish.
FAQ
What is ShareFile's new partnership with AICPA about?
ShareFile has partnered with AICPA to become the only AI-powered document workflow solution in their Member Discount Program.
How does ShareFile benefit AICPA members?
ShareFile streamlines document workflows, enhances security, and improves client experiences for AICPA members through its collaborative platform.
What features does ShareFile offer for accounting professionals?
ShareFile offers features like native e-signature, knowledge-based authentication, and automated reminders to simplify tax preparation and client onboarding.
How does ShareFile enhance client experience?
ShareFile provides a user-friendly portal for centralized document requests and communications, improving overall client interaction and satisfaction.
Why is ShareFile significant for CPA firms?
ShareFile enables CPA firms of all sizes to enhance operations, streamline workflows, and focus on delivering exceptional client services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
ShareFile becomes the only AI-powered, document workflow and secure file sharing solution in AICPA’s Member Discount Program
BURLINGTON, Mass., Dec. 19, 2024 (GLOBE NEWSWIRE) --
Progress
(Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced its partnership with the
American Institute of CPAs (AICPA)
, the world’s largest member association representing the CPA profession.
Progress® ShareFile®
, the SaaS-native, AI-powered, document-centric collaboration platform, becomes the only document workflow and secure file-sharing solution in the AICPA Member Discount Program.
“AICPA’s leadership in advancing the accounting profession is unparalleled, and we are thrilled that they have selected ShareFile to be part of their program, to offer CPAs access to our collaboration and secure file sharing technology,” said Loren Jarrett, EVP & GM, Digital Experience, Progress. “We are proud to work with the AICPA to empower accounting and finance professionals with the leading ShareFile platform for streamlining document workflows, elevating client experiences and document sharing with enhanced security.”
With ShareFile, AICPA members can:
Streamline workflows
: Simplify document-heavy tasks like PBC (prepared-by-client) lists, client onboarding and tax preparation with features like native e-signature and knowledge-based authentication.
Standardize the tax prep process:
Simplify the entire client engagement process with ready-to-use workflows.
Increase efficiency
: Minimize app switching and enable employees to focus on client services.
Enhance the client experience
: Provide a user-friendly portal to centralize document requests and communications.
Save time
: Use automated reminders to keep projects on track and reduce administrative overhead.
“ShareFile, now part of Progress, has consistently demonstrated a deep understanding of the unique challenges faced by accounting professionals,” said Todd Cooper, Director, Channels at CPA.com, the technology and business subsidiary of the AICPA. “We are excited to connect AICPA members with a secure workflow technology that can enable their firm, regardless of size, enhance their operations and improve the client experience.”
The ShareFile AI-powered, document-centric collaboration platform enables customers to deliver more efficient and effective client and team collaboration, while simplifying the sharing of documents and prioritizing security.
The AICPA Member Discount Program offers savings on products and services that members use daily, both personally and professionally. To learn more about ShareFile and its benefits for AICPA members,
click here
.
About Progress
Progress
(Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at
www.progress.com
.
Progress and ShareFile are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners.
Press Contacts:
Kim Baker
Progress
+1-800-477-6473
pr@progress.com
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
