Today's Technology for Tomorrow's Firm.
Issue link: https://cpapracticeadvisor.epubxp.com/i/200952
Reviews For Your Firm TIME & BILLING TPS Time and Billing 2013 OVERALL RATING 4.5 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/11190124 graphs which can be used to BEST FIRM FIT S m a l l a n d m e d i u m - s i z e d prepare client invoices accounting and bookkeeping frms • Tight integration with Quickwho would like a traditional on- Books and Microsoft Office premises application which uses applications. modern technologies and integrates • The application was recently rewritten to take advantage of tightly both with Microsof Ofce the latest technology developand QuickBooks. ment tools, and includes tools which should allow the applicaSTRENGTHS tion to scale to larger frms • Application is designed, marketed, and sold exclusively to • Includes support for the customer-paid Paycli x payment accounting frms gateway • Includes a user maintainable library of standard billing para- AccountantsWorld Practice Relief 2013 OVERALL RATING 4.25 accessible from almost any Web BEST FIRM FIT browser, and does not require Firms who require a web-based installation of sofware applicatime and billing solution, as well as tions or updates on client or those w ho use the Accounserver computers. tantsWorld Power Practice suite of cloud-based applications for prac- • C l i e n t c o m m u n i c a t i o n s , including e-mail broadcasts, can titioners. be ma naged usi ng Prac t ice Relief, and real-time assistance STRENGTHS • Tightly integrated into the other can be provided using Account a nt- C l ient Me s sag i ng , a n prog ra ms i n t he Accou ninstant messaging tool built into ta ntsWorld Power Prac t ice all AccountantsWorld applicasystem. tions. • Te product's simple interface is Chrometa 4.5 2013 OVERALL RATING 4 8 BEST FIRM FIT Chrometa is an excellent tool for capturing user activity on a personal computer for individuals and teams. This tool is best for timekeepers who want to log the applications and documents accessed so that they can create a detailed time diary from the history. The tool may also fit well for small practitioners who bill for all of their time entries based on actual time at hourly rates. Finally, the tool's integration with a number of cloud-based solutions make it atractive for those who need to add a personal and team time tracking tool to the supported web applications. November 2013 • www.CPAPracticeAdvisor.com POTENTIAL LIMITATIONS • Te application does not have a web, mobile, or MacOS X version of the sofware, but TPS can be hosted online by commercial application hosting companies frms who want a traditional time and billing solution which has industry practices built into the application. TPS is priced starting at $399 for a single user, plus $149 for each additional user. Annual renewals and support plan pricing is available SUMMARY & PRICING TPS is an excellent on-premises upon request. time and billing application, and its www.TPSSoftware.com technology updates should allow it to work well into the future. Its legac y of supporting only accounting professionals and their practices makes it a good choice for Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/11190120 POTENTIAL LIMITATIONS • Although Practice Relief will work as a standalone application, its integration with the other par ts of the Power Practice System are more elegant than using the standalone application. not as comprehensive as some of the on-premises applications, the simple navigation structure and the ease with which users can enter data into the application make it simple for end users to use efectively. AccountantsWorld Practice Relief is priced at $40 per month, or $395 per year for an unlimited SUMMARY & PRICING Practice Relief is a good tool for number of users and clients. managing traditional and virtual www.accountantsworld.com accounting frms, and allows partners and staf to work with clients anywhere. Although its reporting is Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/11190114 STRENGTHS • Chrometa is a web-based time t rack i ng appl icat ion wh ich integrates with many cloudbased project management, accounting, and small law frm billing applications. • Mobile apps and PC/Mac sofware allow users to track and log activities on a device automatically. • An easy to use application which simplifes the task of creating a diary of the time spent on client tasks. • Includes live support chat on website and within application. Live chat is available from 8am - 8pm Eastern time. POTENTIAL LIMITATIONS • Chrometa has very limited client management, invoicing and reporting options, although the application interfaces with certain third party billing systems in higher tier plans. • Te limits on stored data within the application restrict this product to a time capture tool for organizations who may keep a project for months or years before closing it out. SUMMARY & PRICING Chrometa is an exceptional tool for time tracking, and will automatically create and sync time entries for computer-based activities as well as calls on mobile devices. Te invoicing function is very basic, but the interface with outside applications makes it possible to use other applications for client invoicing. Timekeepers who struggle to maintain an accurate diary of their activities will find this program creates amazingly detailed logs of all tasks performed on a PC or Mac which can be annotated and e x p o r te d f o r d e t a i l e d t i m e reporting. Chrometa ofers plans for individuals and teams starting at $19.00 per user, per month for a limited account with two weeks of stored data, up to $49.00 per user, per month for a premium account with 12 months of stored information. www.Chrometa.com