CPA Practice Advisor

OCT 2011

Today's Technology for Tomorrow's Firm.

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TIME & BILLING Reviews For Your Firm BQE Software Inc. — BillQuick 2011 OVERALL RATING BEST FIRM FIT Small and mid-sized fi rms. STRENGTHS • Feature-rich SaaS version avail- able, which can synchronize automatically with the desktop product. • Native iPhone & Android apps. • Free Lite version available. • Tracks personal time off hours & approvals. • T e most extensive integration options with accounting soſt ware among products reviewed. 855-687-1024 ImagineTime, Inc. — ImagineTime Practice Management 2011 OVERALL RATING BEST FIRM FIT Small firms, especially those taking advantage of the tax soſt - ware integration available. STRENGTHS • Ribbon interface similar to Microsoſt Offi ce. • Integration with tax soſt ware & QuickBooks. • Synchronization with Outlook, including viewing staff calendars side-by-side. 877-520-1525 Abak Software — Abak Time & Billing 2011 OVERALL RATING BEST FIRM FIT Small and mid-sized accounting fi rms, especially those integrating with certain accounting soſt ware (Sage Simply Accounting, Sage Accpac ERP, Avantage and Acomba). STRENGTHS • T ree-level approval system for time & expenses. • Web-based interface for a few of the program's functions. 888-849-8059 16 October 2011 • www.CPAPracticeAdvisor.com POTENTIAL LIMITATIONS • Help fi le is diffi cult to navigate, and online resources are not as strong as its competitors. SUMMARY & PRICING Abak should be considered among small and mid-sized accounting firms that need multi-level approval of time and expenses as well as integration with certain accounting systems. The base price is $120 per year per user. T e additional cost for Abak to inte- grate with an accounting system is $13.20 per year per employee. Remote time entry is also available for additional fees. PRODUCT DELIVERY METHODS: ■ ✔ On-Premises ■ SaaS ■ Hosted by Vendor BASIC SYSTEM FUNCTIONS TIME MANAGEMENT CAPABILITIES INVOICING FUNCTIONS MANAGEMENT FEATURES INTEGRATION & DATA MANAGEMENT HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10346447 www.abaksoftware.com POTENTIAL LIMITATIONS • No SaaS version. SUMMARY & PRICING ImagineTime is a time and billing system best suited for small accounting fi rms, and when inte- grated with its off ering of add-on modules, it becomes a powerful comprehensive practice manage- ment system. Pricing is based on the number of concurrent users, and starts at $295 for the stand- alone single-user version. The add-on modules, including due date tracker, Outlook synchroni- zation, document management, QuickBooks and tax software integration are available individu- ally with optional one-time charges. ✔ On-Premises ■ SaaS ■ PRODUCT DELIVERY METHODS: ■ ✔ Hosted by Vendor BASIC SYSTEM FUNCTIONS TIME MANAGEMENT CAPABILITIES INVOICING FUNCTIONS MANAGEMENT FEATURES INTEGRATION & DATA MANAGEMENT HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10346548 www.imaginetime.com • Strong technical support & online resources. POTENTIAL LIMITATIONS • With so many options, users may have to do extra work on the front end to learn the product & adjust set ings as preferred. SUMMARY & PRICING Because of its sleek design, ease of use and powerful integration with accounting programs, BillQuick is an excellent time and billing program for small and mid-sized firms. The base price for the two-user Basic edition is $495, with additional licenses off ered at $145. T e Pro edition comes with five licenses and costs $1,295; additional licenses may be added for $125 each. PRODUCT DELIVERY METHODS: ■ ✔ SaaS ■ Hosted by Vendor ✔ On-Premises ■ BASIC SYSTEM FUNCTIONS TIME MANAGEMENT CAPABILITIES INVOICING FUNCTIONS MANAGEMENT FEATURES INTEGRATION & DATA MANAGEMENT HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10346566 www.BillQuick.com

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