WHITE PAPER
Is tax technology worth the investment?
Is tax technology worth the investment? The data say yes. This white paper examines how modern tax automation technology delivers measurable ROI for accounting firms facing industry-wide challenges:
- Quantifiable time savings. SurePrep solutions reduce the average time spent per return by 1.59 hours, translating to $293.46 potential savings per 1040 return.
- Staff efficiency across roles. Our data shows a time savings of 7% for admins, 32% for preparers, and 29% for reviewers — without sacrificing quality.
- Addressing labor shortages. With a 17% drop in accountants since 2019 and CPA exam candidates at a 17-year low, automation offers a cost-effective alternative to hiring in a competitive market.
- New revenue opportunities. By automating routine tasks, firms gain the capacity to develop advisory services that 83% of clients want and 79% would pay extra for.
- Reduced administrative costs. Eliminate expenses for paper, printing, postage, and storage while consolidating multiple software applications into integrated solutions.
Learn how SurePrep's comprehensive implementation support ensures successful technology adoption for firms of all sizes, with real-world ROI examples and industry perspectives.