Their Loss, Your Gain: The Smarter Document Management Choice

Many in the industry have been sounding the clarion call to examine your firm tech stack. It’s not uncommon to hear rumors that older softwares are being sunset, or for users to complain about the lengthy time that has passed without updates. These continued rumors are a reminder for firms to consider transitioning to more modern, innovative solutions.

For many recently, these sentiments have finally pushed them to a tipping point, prompting some to consider their next steps. If it’s been a while since you last explored the software options available, now could be an opportune time to take a closer look.

It’s not too late to do something about 2025! Spoiler alert: you’d be surprised at how fast you can implement Canopy in your firm.

It’s not too late to do something about 2025!

Spoiler alert: you’d be surprised at how fast you can implement Canopy in your firm.

How to Move Forward

You have to start looking at solutions now. As the old proverb goes, yesterday is the best day to plant a tree; the next best time is today. Don’t waste time and energy worrying about what you will do — we’ll give you a head start by helping you understand Canopy and why we should be at the top of your list.

Your biggest problem currently lies with finding a replacement for FileCabinet CS. Resist the urge to be too myopic by only dealing with this gap especially if it has been some time since you’ve looked at the software landscape in accounting. Canopy provides Document Management in the same login and environment.

Don’t be fooled; this is very different from the Thomson Reuters products. The entire CS suite required their own logins. They were separate from one another, leaning on the false benefit of an integration. With Canopy’s practice management system, you have all the capabilities under one metaphorical hood, allowing them to work and build on each other seamlessly– especially regarding a client portal.

If you need guidance when vetting software, feel free to use this practice management rubric. Though, we think you’ll be tickled pink when you look at Canopy.

Change Out Your Document Management or Implement a Modern Practice Management Solution?

It’s likely that no matter what you choose, you’ll be upgrading your current experience. But change is hard. So, to avoid too much of it and get the biggest bang for your buck, we recommend taking a step back and examining your approach to practice management.

Some of the benefits of changing to a modern practice management solution include:

• Work anywhere (cloud-based)
  • Faster loading speed
  • Greater access
• Increase firm efficiency and value
  • Adding modern technology increases value when selling.
• Lower your overall cost 
  • Decrease software cost
  • Require less training
  • Reduce onboarding time
• Entice a modern workforce (appealing UI)
  • Fewer clicks; less time wasted
  • Better experience; higher morale & employee satisfaction
• Improve client experience
  • Mobile access
  • Easy-to-follow interface
  • No login required

When it comes to functionality, Practice Management should include everything you need and love about a good Document Management solution plus so much more. If you don’t have a system that helps you organize all client data and information in a seamless and organized way, the best document management solution will fall flat.

World-class practice management includes the following:

1. Customizable client portal

2. Secure document sharing

3. Unlimited eSignatures

4. Quick payment methods

5. Automated client requests and reminders

6. Robust CRM

Check out Canopy as you work to find an upgrade for your firm.