Page 110 - Quick Insights Book 2022
P. 110

Chap. 31 – ICAI’s Support to Members


          It facilitates creation of standard audit templates for various   FREE for 3 years up to 05 Users per CA Firm and FREE Up
          audit types and provides detailed step by step checklist for each   to 25 Customers
          audit area. The product brings in standardisation, consistency,
          accountability, confidentiality and control in audit tracking and   PAPILO SOFTWARE
          management.
                                                               The Committee for Members in Practice (CMP) of the Institute
          FREE for 3 years up to 05 users per members firm and free   of  Chartered Accountants  of  India  (ICAI)  has  arranged  the
          up to 25 Audits/Year                                 Papilio  software  for  the  Practitioners  of  ICAI. The  aforesaid
                                                               software is free of cost for less than 5 users. Major features of
          3.    Legal Compliance Management Module             Papilio software are:
          Legal Compliance Management Product is a highly adaptable      Collaboration with team and clients
          software product designed to improve compliance management
          that replaces people dependent manual processes. It can      Process based work management
          scale across multiple geographies, supporting compliance      Simple and effective document management
          tasks  at  various  organizational  levels.  With  over  1,500 Acts
          preconfigured, it creates a robust compliance framework.      Client management
          It  generates  comprehensive  “Group  level  Compliance      Elaborate time management
          Dashboards” for consistent reporting across all locations.
                                                                    Invoicing, and Collection tracking
          FREE for 3 years up to 05 Users per CA Firm and FREE Up
          to 25 Customers (Single Entity and Single Location)       Elaborate Dashboards for teams and management

          4.    Board Module for Secretarial Compliances       Please visit the website https://papilio.co.in/icai.html for availing
                                                               the said software.
          This Platform comprehensively covers the activities carried out
          by the Secretarial Function                          TALLY PRIME SOFTWARE
          Free for 3 years up to 05 Users per CA Firm and FREE Up   The Committee for Capacity Building of Members in Practice
          to 25 Private Companies (Single Entity)              (CCBMP) of the Institute of Chartered Accountants of India
                                                               (ICAI) has arranged Tally Prime Software at a Special Rate for
          5.    Payroll Processing and Labour Compliance       ICAI Members.

          It has designed an end to end automated solution to prepare   Member may  visit  community.tallysolutions.com  to  avail  the
          regulatory compliance documents under Labour Laws in India.  offers.

          Free for 3 years up to 05 Users per CA Firm and FREE Up   ALL IN ONE ACCOUNTING SOFTWARE
          to 25 Customers with employee strength < 25 (Single Entity
          & Single Location)                                   The Committee for Capacity Building of Members in Practice
                                                               (CCBMP) of the Institute of Chartered Accountants of India
          6.   Compliance Audit                                (ICAI) has arranged Cloud based ‘All-in-One accounting’
                                                               software i.e. one Stop Solution for all Accounting, Compliance,
          This Compliance Product can also be used for generating   Return Preparation and Filing needs of Chartered Accountants
          compliance checklist for specific customer. These details can be   in Practice & CA Firms. The aforesaid software is free of cost
          generated by updating the customer details in terms of type of   for 3 years to CA Practitioners & Firms. Please visit the website
          company, industry, state in which located, etc. These checklists   https://www.hostbooks.com/in/gst-accounting-software-ca/ for all
          can then be used to carry out compliance audits covering law   your accounting and compliance need.
          of the land for customers.
          Free for 3 years up to 05 Users per CA Firm and FREE Up   EFF FACTOR SOFTWARE
          to 25 Customers (Single Entity and Single Location)  The Committee has arranged EFF factor software for the
                                                               Practitioners/CA Firm of ICAI:
          7.    Practice Management Tool
                                                                    Track job wise profitability
          It has a flexible workflow wherein CA Firms will be able to use
          digital  workflows  to  manage  assignments.  It  will  facilitate  all      Efficiency of the employees
          “Touch Points” between the Teams and with the Customers via      Automated Billing
          the Platform itself and all data / documents could be securely
          shared  within  the  Platform  itself. This  will  help  CA  Firms  to      24x7 can be accessed via phone, laptops etc.
          manage data privacy and access controls.
                                                                    Multiple reports for the management


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