Cimplico Workpapers is a leading, cloud-based solution designed to simplify and enhance the preparation of accounting compliance workpapers. Built for modern accounting firms, Cimplico Workpapers helps ensure compliance with quality standards while optimising the workflow across preparation, review, and approval processes.

Leveraging advanced logic and sophisticated algorithms, Cimplico Workpapers guides users through each stage of the workpaper process, delivering efficiency, control, and visibility at every step.

At the heart of Cimplico Workpapers are three key pillars:

• Control & Governance

• Efficiency

• Visibility

Cimplico Workpapers empowers accounting firms to maintain strict compliance while allowing the flexibility needed for varied organisational requirements. The system incorporates robust control and governance measures, providing peace of mind throughout the workpaper process. Key control and governance features include:

• Configurable checklist and procedure templates at the firm level

• Role and entity-specific procedures

• Explicit roles and inherent privileges to ensure proper task assignment

• A detailed audit trail of worksheet-related events

• Automatic control checks that prevent reviews and certifications if items remain outstanding

• Automatic updates of review and certification status when data changes

These features allow firms to ensure compliance, reduce risk, and uphold high standards across all workpapers.

Optimising efficiency is central to the Cimplico Workpapers offering. The platform includes features designed to streamline the preparation of compliance workpapers, saving firms valuable time and reducing manual effort. Some of the efficiency-boosting capabilities include:

• Seamless integrations with other tools

• Advanced searching and filtering of data

• Worksheet-specific checklist items for better organisation

• Automations (Coming soon)

These tools allow users to move quickly and focus on delivering high-quality results rather than on administrative tasks.

Cimplico Workpapers offers transparency across all workpaper tasks, reducing the need for manual status updates and improving overall visibility within the firm. Key features include:

• Firm-wide insights into workpaper statuses

• Group and entity-specific workpaper tracking

• A comprehensive workpaper dashboard that provides an at-a-glance overview of progress

• KPIs and alerts for tracking key performance indicators (Coming soon)

With these features, firms can stay informed on every workpaper’s status and ensure timely completion.

At Cimplico, we define a workpaper as:

“The creation, collection, and completion of information by a professional to evidence and support the conclusions reached in the conduct of a professional assignment.”

This broad definition goes beyond the traditional notion of workpapers as mere financial records. Instead, Cimplico Workpapers provides a tool that allows professionals to evidence their work, whether it’s accounting compliance or any other professional service.

Our goal is to challenge the norm by breaking away from lengthy checklists and cumbersome spreadsheets, offering instead a streamlined solution that simplifies and encourages the use of workpapers across a variety of professional services.

Currently, Cimplico Workpapers primarily supports accounting compliance workpapers. These workpapers typically involve verifying base information such as the trial balance and related schedules like tax reconciliations.

Cimplico Workpapers includes several built-in features to ensure accuracy and governance throughout this evidencing process, while enhancing efficiency and visibility for users.