CPA Practice Advisor

APR 2016

Today's Technology for Tomorrow's Firm.

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April 2016 • www.CPAPracticeAdvisor.com 11 PRACTICE MANAGEMENT Reviews BEST FIT Well suited to accounting frms large and small, and with its fat-rate pricing structure, can be particularly benefcial to frms that hire seasonal help. PRODUCT STRENGTHS • Available in three deployment methods • Ofers a free client portal • Product contains excellent docu- ment management and CR M capability • Ofer top-of-the-line work fow management capability POTENTIAL LIMITATIONS • Limited timer function SUMMARY & PRICING TaxWorkFlow is available for an annual fee of $1,500, which includes all product training, sup- port, an unlimited number of users, unlimited clients and storage, and a client portal. For frms with the need for comprehensive workfow management capability, this prod- uct really can't be beat. www.TheTaxWorkFlow.com BEST FIT Tomson Reuters Practice CS is suitable for accounting frms of all sizes; though frms using other Tomson Reuters applications will see the most productivity from the product. STRENGTHS • Scalable product is well suited for accounting frms of just about any size • Te extensive use of dashboards ofers easy customization and intuitive data entry screens • Ofered as both an SaaS product and an On-Premise product for added fexibility • Solid reporting capability • Integrates with CS Professional Suite products • Ofers a mobile app for easy time and expense entr y from any where POTENTIAL LIMITATIONS: • Product has limited integration capabi l it y w it h t h i rd-pa r t y applications SUMMARY & PRICING Tomson Reuters Practice CS, part of the CS Professional Suite is a scalable solution that is suitable for frms of just about any size. Pricing for a fve-user license begins at $2,050, with all related modules available for an additional cost. cs.ThomsonReuters.com BEST FIT Empire Suite is a cloud-based product that is well suited to frms looking for Practice Management capability, along with CRM, Project Management, Resource Manage- ment and Financial Management capabilities. STRENGTHS • Scalable product that is well suited to frms of all sizes • Product ofers excellent integra- tion with Microsof Ofce and other applications • Te Mobile app allows users to access the product from any iOS or A ndroid device • Cloud access ofers easy anytime accessibility from any location POTENTIAL LIMITATIONS • Comprehensive capabilities and deep integrations may require training SUMMARY & PRICING Empire Suite is designed for frms of any size, and ofers four distinct ver- sions of the product. Basic includes only Time and Expense Entry func- tionality. Te Basic subscription is $10.00 per user per month. Te Pro user also ofers Project Billing, and is $18.00 per user per month. Te Business version is $21.00 per user per month and ofers more advanced billing and reporting functionality and the Enterprise version pricing is available on request and is designed for larger frms with more complex needs. All add-on modules are extra. www.EmpireSuite.com BEST FIT Te program is a natural ft for frms with clients using Xero, providing strong integration options and prac- tice resources with the convenience of a cloud-based system. STRENGTHS • Users can easily scale the system to meet the needs of most frm sizes • A ny where/anytime convenience of a cloud-based systsem • Integration with more than 450 third party programs • App adds more convenience for mobile professionals POTENTIAL LIMITATIONS • Comprehensive capabilities and deep integrations may require training SUMMARY & PRICING Xero Practice Manager is free for members of the Xero Partner Program, which also includes product discount. Pricing for others is based on the number of users starting at $99 per month. Te product also ofers free migration for frms interested in converting from QuickBooks to Xero. www.Xero.com TaxWorkFlow Practice Management Thomson Reuters - Practice CS WSG Systems - Empire Suite Xero Practice Manager Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12191635 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12191662 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12191659 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12191624 4.75 5 5 4.5 2016 OVERALL RATING 2016 OVERALL RATING 2016 OVERALL RATING 2016 OVERALL RATING

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