2014 Review of Thomson Reuters Practice CS

Best Fit: Organizations who use the Thomson Reuters CS suite of applications for professional accounting firms, especially those who use the NetClient CS portals, Virtual Office CS, and GoFileRoom ES.  The application meets the needs of most firms from two users up to large firms with hundreds of staff. 

Strengths:

  • Written using modern .NET development tools and customizable based on user preferences.
  • Uses easy to understand dashboard views
  • Firms can electronically present invoices to clients through the NetClient CS portals, and client can pay their bills to the firm via ACH using an optional service from Intercept EFT.
  • The application can be installed on a firm’s internal network, hosted on Thomson Reuters network using Virtual Office CS, or hosted by a third party IT service provider.

Potential Limitations:

  • There are few, if any, integrations with between Practice CS and products outside of the Thomson Reuters CS Suite.
  • The optional project management module is required to implement workflow management using Practice CS.
  • Firms with more complex departmental structures and those wanting high-end ERP functions may better be served by Thomson Reuters Elite practice management solution.

Practice CS is designed to be the hub managing to work in an accounting firm running the Thomson Reuters CS Professional Suite.  When combined with the optional modules for managing projects, clients, and employees, Practice CS provides a comprehensive toolset which meets the needs of many small and midsize firms.

Click "Continue Reading" to see the full review.

Loading