Getting bills out the door faster and better managing work processes are just two of the reasons that a time and billing system can help a professional firm be more efficient.
Abak is a Canadian company that has developed a time and billing application focused on professional services firms for the U.S. and Canadian markets, including accountants. The application can be installed on a firm’s internal network or can be used by practices as a hosted ASP program.
Practice Relief is the time and billing system in the web-based product suite offered by AccountantsWorld. This system was developed specifically for accountants, not other professional service industries.
BillQuick is a time and billing product designed for professional service firms, including accountants, engineers, lawyers and consultants. BillQuick has leveraged its knowledge and experience from other professional services industries to create a time and billing system that provides specific tools for the public accounting profession.
BigTime is Edison’s Attic’s time and billing system for firms that are using QuickBooks, providing seamless add-on integration to the small business accounting program. So if your firm is a QuickBooks-oriented practice, you should consider looking into this product.
ImagineTime’s Time & Billing program is targeted at smaller accounting firms and it gets the job done. There is nothing fancy about this product, but we accountants don’t like fancy, we just want something that works. ImagineTime fits this mold.
Timeslips has a user friendly design and user interface that makes data entry processes for tracking time and expense information simple and straight forward. The system offers multiple entry screen formats, including daily time slips and weekly input screens.
Tenrox is a web-based (SAS 70 compliant) project management solution that has many modules from which to choose. I will focus on the Timesheet and Billing modules for this review. If your firm is interested in the other modules in the product, please visit their website for further information.
TPS is a time and billing product that is specifically designed for accountants in public practice. The product is built on Microsoft technologies; therefore the product has nice integration with other Microsoft applications.
Virtual Software has created a web-based time and billing product that has been included in the Intuit Marketplace and the company is an Intuit Gold Developer.