Reporting options abound and provide several means for management to view key financial information, such as the new Clients Not Billed Report, which identifies clients that have not been billed by a designated date. As well, most reports provide drilldown for better analysis, and all reports can be exported to Excel for easier comparison.
Many features of Timeslips may be enabled or disabled to suit management’s preferences and to simplify the interface, such as fee allocation and having revision stages on bills. The system manager could look these over occasionally, and see frequency of usage before disabling anything that might be extraneous. For permission control, the system administrator defines security profiles.
INTEGRATION & DATA MANAGEMENT:
The bidirectional transfer of data between Timeslips and Peachtree or QuickBooks Pro is well supported. When a change is made to this option, Timeslips will warn about the consequences to historical data. The program features a built-in text import utility for importing data, as well as an option to export files, which can then be imported into other GL packages with some configuration work on the receiving side. As well, the product offers integration with the Microsoft Office suite of products.
The Help system from the toolbar offers an online user’s guide, How-To guidance, access to the Timeslips community, and a link to the product support web page. The user may also launch several training videos or automated procedures with prompts and on-screen text to illustrate how to do common tasks such as new timeslip entry. This process works even better than having an expert sitting right there giving hints and guidance. New users should be able to train themselves and refresh their skills as needed.
SUMMARY & PRICING
Timeslips is an excellent choice for professional firms that want to utilize advanced features to improve time and expense data collection, and carefully manage billing and receivables. The program costs $499.99 for a single-user version. A five-user system costs $899.99, and a 10-user system costs $1,599.99.
2010 OVERALL RATING: