CPA Practice Advisor

APR 2015

Today's Technology for Tomorrow's Firm.

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April 2015 • www.CPAPracticeAdvisor.com 17 PRACTICE MANAGEMENT Reviews BEST FIT APS is a good fit for firms with more than 50 employees that are looking for a fully customizable practice management solution that has stong tools for project manage - ment and workfow. STRENGTHS • Well-suited to larger frms • Fully customizable dashboard technology • S ol id i nt e g r a t ion w it h t h i rd party applications • Suitable for frms with multiple locations and departments POTENTIAL LIMITATIONS • Not well suited to smaller frms with limited resources SUMMARY & PRICING APS Advance Practice Manage- ment is a fexible application that provides ver y large firms with a custom designed tool that easily integrates with other applications. Larger frms would do well to take a moment to examine the available business intelligence feature that ofers advanced functionality in this custom product. APS Advance Practice Manage- ment includes the core time and billing module, the client contact module, the staf f management module and the workfow toolkit for an initial cost of $300 per user with annual renewals priced at $100 per user. Te optional APS Advance Practice IQ application is sold and implemented separately, as are s e v e r a l o t h e r c o m p l e m e n t a r y modules. If fexibility and customization are a must, APS Advance Practice Management may be the best ft. www.CLI-USA.com APS Advance Practice Management Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12058796 4.75 2015 OVERALL RATING BEST FIT With its easy integration, CCH A xcess Practice work s best for medium to large frms that are cur- rently using or plan to utilize the CCH Axcess suite of products. STRENGTHS • CCH A xcess is bui lt on Cloud technology, making it a convenient application for frms with multiple locations or remote/ofsite workers • Easy system nav igation al lows users to quick ly f ind their way around the system with litle down time needed for implementation • Used as a complete suite of prod- ucts, the CCH A xcess Suite ofers complete practice management capability POTENTIAL LIMITATIONS • Tough available as a stand-alone s ystem, CCH A xcess Pract ice offers limited practice manage- ment capabilities if not coupled with the other modules available in the A xcess Suite • For those migrating from Pro- System fx Practice Management, a steep learning curve may exist as the CCH A xcess Practice interface has litle resemblance to the older product. SUMMARY & PRICING CCH Axcess Practice is optimally designed for those using other CCH Axcess modules and is an ideal ft for mid-sized to larger frms with mul- tiple locations or more complex remote access requirements. CCH Axcess Practice starts at $255.00 per user per year. www.cchgroup.com CCH Axcess Practice Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12058790 4.75 2015 OVERALL RATING BEST FIT Te Practice Management applica- tion from the CCH ProSystem fx Suite is well suited to mid-sized to large frms that already utilize the ProSystem fx Suite of products in their frms. STRENGTHS • Part of the CCH ProSystem fx Suite , CCH ProSystem fx Practice M a nagement of fer s e xcel lent integration with other products in the Suite. • Ofers excellent management tools such as dashboards • Product offers solid integration with Microsof Ofce • Solid product with a good history of providing practice management tools to accounting frms POTENTIAL LIMITATIONS • C C H P r o Sy s t e m fx P r a c t i c e Management ofers litle out of the box integration with third party applications, however does pro- vide an open database if your frm wants to contract w ith a th ird party to read information from the program's database • Limited remote access – although the product does offer Internet Time Entry option to remote users SUMMARY & PRICING Designed for mid-sized to larger accounting frms, CCH ProSystem fx Practice Management's Basic Edition starts at around $900.00. For those using the CCH Pro- System fx Suite, adding the Practice Management module makes a lot of sense. www.cchgroup.com CCH ProSystem fx Practice Management Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12058799 4.75 2015 OVERALL RATING BEST FIT PowerPM Suite is well suited for sma l l to m i d- s i zed f i r ms w i t h between 5-300 employees. The application features a series of six modules which can be licensed independently, depending on user need. Available only as a hosted solution, PowerPM is well suited to firms with remote employees or others w ho need any time web access to the suite of products. STRENGTHS • PowerPM is a fully hosted solution so users can access from anywhere • User s c a n pu rc h a se on l y t he modules they need and add the rest if desired • Users can now access the Trak- Time timesheet remotely instead of installing locally • Will provide users with mobile access to the TrakTime timesheet in the spring POTENTIAL LIMITATIONS • Look up options are lack ing in s o m e o f t h e e n t r y s c r e e n s , slowing down data entry SUMMARY & PRICING Customers access PowerPM using Microsof Windows Server Terminal Ser vices, with user licenses pur- chased in units of fve, with a min- imum user count of 10 and a $200 minimum monthly recurring license fee. The company also charges a one-time $1,000 setup fee. PowerPM starts at $20 per user per month for the frst ffeen users and drops to as low as $10 per user per month for organizations who need over 100 named users. PowerForecast is priced at $2 per user per month, and the TrakDate Due Date Tracking application is $4 per user per month. www.CLI-USA.com Commercial Logic PowerPM Suite Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12058788 4.5 2015 OVERALL RATING

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