What do you like best?
Specialized for audit and assurance engagements, a very powerful document manager and project tracker that allows teams to embed files in a document tree and track progress through preparer and reviewer sign-offs. All within one easy to access window listing all the files included. It allows collaboration through multiple users being able to access the same project file at once, including over networks. The program itself is very responsive with little delays if working through an intranet or local storage. The compression feature allows all the documents in the file to be packaged into a single, smaller file for easy transfer through email, removable storage, etc. The file can be locked down once it has been completed. It also allows a sign-out or check-out feature of either the entire file or individual files for working offline or away from the master file, and the files can be signed back in at a later date.
What do you dislike?
As multiple users enter into a single project file, they can each edit separate embedded files but usually cannot collaborate on the same file at once. Multiple users will also slow the program down significantly, to the point of being unusable if over an internet connection. The program is also more of a file manager than file storage, meaning the files listed in the main window are only links to the actual files. Files can be deleted outside of CaseWare Working Papers and thus the links will break. There is also a chance for corruption when using the compression feature as well as when transferring or working remotely through a network connection; the program does not appear to have a fail safe for network disconnects in mid-transfer.
Recommendations to others considering the product
This is a highly effective project management tool. However, actual document editing and markups depends on other programs such as Microsoft Office. CaseWare Working Papers stores and tracks the documents related to an engagement after they have been created by other programs.
What business problems are you solving with the product? What benefits have you realized?
CaseWare Working Papers provides a very easy engagement management process for electronic files. All documents can be listed in a single view and there are visual cues for showing what has been signed off as complete and reviewed, and the file can be locked down upon completion of issuing audit reports. It is a highly effective assurance engagement tool. It also has features for reviewers to leave review notes for the prepare to address, all with easy to see visual cues on where review notes are outstanding to be addressed.