Overview

Turning data into limitless possibilities

Accounting practices are finding it increasingly difficult to look across large volumes of engagement and practice-wide data to obtain timely insights and identify trends for client advisory and internal process improvements. Traditional analytical tools pose several limitations in such areas as system integration, data extraction and analysis. Firms need a smart, seamless yet simplified data-driven solution. Say hello to the latest solution in the Caseware ecosystem for business intelligence in accounting — Caseware Sherlock, which can help your firm transition to an insights-driven culture.

Features

Powerful, secure, cloud app with a sleek user interface

Sherlock provides powerful insights from a large volume of engagement data to uncover valuable trends and insights. It includes built-in security features that protect data and ensure only authorized access. The user-friendly interface allows you to easily access and analyze data, create reports and share insights.

Automated data transformation of Caseware engagements

Sherlock fully automates the process of extracting data from your engagements, loading it into a centralized database and transforming it into a format that allows you to easily analyze data from all engagements for business insights. No more manual data entry and manipulation, which is time-consuming and limits data integrity.

Flexible visualization path to turn big data into insights

Sherlock is designed to be highly adaptable and customizable, allowing you to tailor your data visualization approach to your specific needs and goals. You can easily visualize data in a way that makes it easy to identify trends, patterns and other insights that might not be immediately apparent when working in a single engagement.

Deeper insights to elevate every phase of the engagement

Profile your clients on key data points to identify opportunities for client advisory services and gain deeper insights from client financials to analyze year-over-year trends. Benchmark a client’s data against others in the same industry to suggest avenues for growth.

Benefits

Get a 360° view into your practice

Build an insights-driven culture and stay relevant as you access all your engagement and practice-wide data at a glance.

Boost staff efficiency

Automate data mining and analysis, reducing errors and enabling staff to be more productive, thus saving the firm time, money and resources.

Become a trusted advisor

Tell a compelling, insights-driven story with flexible options to generate visualizations for sharing insights and making reporting exciting for your clients.

Deliver intelligence confidently

Ensure robust data security with automated data extraction and controlled user access, reducing errors and building staff and client confidence.

Be future ready

Enter the modern age and accelerate your firm’s digital transformation through this powerful cloud-based practice intelligence app.