iscover Cloudoffis reveals AI-powered workpapers platform
TechnologyThe new platform is designed to standardise workflows, strengthen compliance and improve efficiency across practices, the technology provider has said.
What was once proposed to streamline tax-specific workflows has evolved to the comprehensive, AI-powered Workpapers Sorted. Launched on 12 March and intended to standardise processes, improve compliance and streamline accounting and advisory operations, the platform is replacing Tax Sorted, bringing the product’s scope, capabilities and AI-driven innovation to new markets.
“When we first brought Tax Sorted to market, our focus was solving inefficiencies in tax workpapers,” chief strategy officer John Munden said.
“Since then, the platform has evolved well beyond that initial use case.”
According to Cloudoffis, this evolution provides a comprehensive solution not only for tax-specific workflows but also for integration with Xero, Microsoft Excel, FYI, DocuSign and the ATO, supporting firms across a broader range of accounting and compliance workflows.
“Workpapers Sorted reflects the reality of what the product delivers today - an AI-powered workpapers ecosystem that integrates multiple data sources, automates manual processes and gives firms greater visibility across entities and group structures,” Munden added.
“This isn’t simply a name change - it’s an evolution of where we envision the product going. It signals the innovation happening within the platform and our ambition to support practices with smarter, more connected workflows.”
Cloudoffis noted that Workpapers Sorted would reduce manual entry and improve accuracy by automating data ingestion from supporting documents, refreshing client data with a click, and generating real-time trial balances and balance sheets, profit and loss and general ledger reports, and allowing journals to be posted directly back to clients.
Munden said replacing humans was “not what we’re about.”
“We’re focused on being a human business - one where AI accelerates the work, but the judgment, the relationship and the expertise always stay with the people.”
“Our priority has been ensuring a seamless transition, and Cloudoffis will continue to provide the same support and innovative technology our customers rely on.”
“Firms can continue using the platform exactly as they do today - with the added benefit of ongoing feature releases designed to standardise workflows, strengthen compliance and improve efficiency across their practice.”
Existing customers will experience no disruption to service, pricing or integration, Cloudoffis said.
“The firms that shaped this product were with us from the beginning,” Munden said.
“They came on the journey, gave us feedback, and we built it. Most of our clients have been with us for more than four years, and harnessing those relationships is how Workpapers Sorted was made - and it’s how we’ll keep developing it.”
Amelia is a Professional Services Journalist with Momentum Media, covering Lawyers Weekly, HR Leader, Accountants Daily and Accounting Times. She has a background in technical copy and arts and culture journalism, and enjoys screenwriting in her spare time.
