The 4 Types of Firm Knowledge

KPI business management with key performance indicator presented by businessman… and how to capture them.

By Roman H. Kepczyk

Firm knowledge and information is usually stored in one of four “buckets.”

MORE ON TECH SPENDING: Which Wireless? | Why Unified Messaging Matters | Get in Front of Application Updates | Why You Need Offsite Backup | Use Scanners to Capture Source Documents | Develop Monthly IT Flash Reports | Centralize Contact Administration | Is Your AP Digital Yet? | A Better Way to Handle Time & Expenses | How the Best CPA Firms Capture Best Tech Practices in Procedures Manuals
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

The most obvious is within the accounting applications themselves where tax, audit and accounting programs store client files in a format that can only be accessed with that program. Files are usually indexed and accessed in designated directories so there is not much the firm can do about moving these files.