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Impact of IT Governance

Posted By Jim Boomer, CIO & Shareholder, Boomer Consulting, Inc., Thursday, February 13, 2014

The below blog post is a segment of the 2013 Boomer Technology Circles Fall Letter. This letter highlights the latest strategies, directions and resources discussed at the Fall round of Circle meetings. To learn more about the Boomer Technology Circles, please visit

Members of the Boomer Technology Circles take technology more seriously than others.  Just as Ray Kroc said, "I didn’t invent the hamburger, but I took it more seriously than others.”  The Circles provide access to expertise/resources and build peer relationships.  It is even more important today for a firm to have a plan (roadmap) and budget to be able to integrate technology with the firm’s strategic plan.  The most successful firms are reviewing processes, utilizing business analysts and communicating with end users.  Now is the time to get a handle on what is happening with your own office as well as your clients and remain up-to-date on the capabilities of new technology.  The return on your IT investment increases as you invest a larger percentage in innovation and less in infrastructure maintenance.  Many firms have been in the maintenance mode and now desire to move forward.  This will require people with the right attitude toward change, willingness to learn, and improved communications.

As firms shift their attention more toward innovative technologies and less on infrastructure maintenance, they are also recognizing a need for a change in the role in the IT Professional.  The skills required to be a successful IT Leader in the future are changing and professional development needs to be more on leadership, communication, and processes.  If you haven’t taken a look at our CIO Advantage program, I encourage you to do so.  It is focused on helping your IT Leaders make this leap from technician to strategist through leadership, management and soft-skill training rather than IT technical skills.

Both major vendors are focused on the Cloud as well as expanding their mobile application offerings.  CCH Axcess which includes Tax, Document, Portal, Practice and Workstream is gaining some interest among BTC firms and we should have a report on their experiences after the spring BTC meetings.   Earlier this year, CCH reported several firms, including two of the Big 4 successfully running SaaS tax this past season.  Thomson Reuters is now offering a cloud –based engagement solution (AdvanceFlow) built on the GoFileRoom platform with connections to GFR, PPC SMART Suite, and MS Office.  There was also a new release of GoFileRoom in 2013 that introduced significant enhancements.  

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