MyWorkpapers, the innovative cloud-based working paper solution for accountants and auditors has been named the winner of the ‘Best Cloud Finance Solution’ at the Cloud Excellence Awards 2021.

The prestigious accolade saw MyWorkpapers go up against some of the biggest names in tech with its solution that streamlines the flow of work through accountancy and audit firms, enabling them to allocate, track and apply quality control along the way, while cutting out unnecessary manual tasks and opportunities for error.

The rigorous judging process for the Cloud Excellence Awards saw MyWorkpapers make a detailed written submission, setting out the features and benefits the platform offers users and their clients, as well as the key updates that have been implemented this year.

These upgrades include new two-way integrations with Xero and Sage Accounting, enabling firms to take information directly from the packages used by their clients and then feed it straight back without the need for any manual data entry.

Rich Neal, Founder and CEO at MyWorkpapers, said: “This is wonderful recognition for the whole team.

“We work hard to make sure we are delivering a service that meets the needs of our clients, helping them become more productive, paperless and more profitable.

“It is all too easy to simply move an existing set of functions to the cloud to add the inherent benefits of offering remote access, continuously updated features and collaboration.

“However, we have built a platform that adds considerable value, over and above the inherent benefits of the cloud, enabling work to flow through firms in an efficient and effective way, with built-in programmes, checks and audit trails as well as content packs from market-leading providers, including Mercia and HAT Group.”

The range of innovative features in MyWorkpapers has proven popular with accountants and auditors in recent years, seeing the firm named as one of the UK’s fastest-growing tech firms in the Deloitte Tech Fast 50 2020.