2010 review of ImagineTime, Inc. — ImagineTime Practice Management
Users can view outstanding AR, WIP and expense balances at a glance, as well as additional client information. WIP reporting features an aging analysis, which is an important management feature in limiting client credit exposure and unbilled time. Activity, productivity and realization can be managed in real time by on-screen or printed reports. Reporting options are available with filtering by date ranges, staff, client, billing partner, and billable versus non-billable time and expense.
ImagineTime supports processing of credit cards and ACH transactions, allowing users to email invoices with a click-to-pay online feature. As well, the program supports remote time entry and synchronization with smartphones.
MANAGEMENT FUNCTIONS: 
The main screen view is customizable based on user functions and roles, with the option to display items such as the calendar, tasks, due-dates, notes, etc. User roles are available for system managers, supervisors and staff, with various permissions, rights and restrictions available for each.
Managerial reporting includes options for daily time reports and performance reports for tracking invoiced time and produced time. Forecasting and budgeting tools are available, and users can track engagements, projects and tasks. Client snapshot reports are a terrific way to get key information at-a-glance. The information on these snapshot reports can be sorted and filtered in various ways to identify a firm’s most profitable clients and can include information such as balances, production activity, realization time slip adjustments, invoices, collections and bad debt. Management can also utilize reports for evaluating staff performance.
INTEGRATION & DATA MANAGEMENT: 
ImagineTime provides integration with the Microsoft Office suite, as well as integration with Lacerte, ATX and UltraTax. It also offers the option to export time slips to QuickBooks.
HELP/SUPPORT: 
The on-screen Help system is impressive, with many topics covered in great depth, and with screens shots to illustrate how the data entry and report generation works. When program updates are available, they only need to be installed on one workstation; updates are then automatically distributed. Various support options are available at the silver, gold and platinum levels.
SUMMARY & PRICING
ImagineTime is designed primarily for small accounting firms and offers a good lineup of add-on modules. Pricing for the base time & billing system starts at $295 for a single-user license and $595 for a multi-users system. Add-on modules cost extra.
2010 OVERALL RATING: 

