CPA Practice Advisor

OCT 2011

Today's Technology for Tomorrow's Firm.

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TIME & BILLING Reviews For Your Firm Tenrox — Timesheet.com 2011 OVERALL RATING BEST FIRM FIT Medium-sized and large fi rms. STRENGTHS • Interface & many aspects of the program are very customizable. • Great user & project management capabilities. • Best management dashboards among products reviewed. • Tracks accrued vacation & sick days. • Integrat ion with many accounting & payroll products, the most comprehensive among products reviewed. 877-4-TENROX Sage North America — Sage Timeslips 2012 2011 OVERALL RATING BEST FIRM FIT Small and mid-sized fi rms. STRENGTHS • Timeslips eCenter allows users to enter t ime & expenses remotely. • Timeslips Today dashboard view provides helpful information & is customizable. • Integration with accounting sof tware, including Sage Peachtree and QuickBooks. 800-285-0999 AccountantsWorld — Practice Relief 2011 OVERALL RATING BEST FIRM FIT Small firms using the Accoun- tantsWorld Power Practice System. STRENGTHS • Intuitive, easy to set up & begin using. • Integration with other products in the AccountantsWorld suite. • E-mail broadcast for client communications, with tools to group clients for e-mails & track which e-mails were sent to clients. 888-999-1366 18 October 2011 • www.CPAPracticeAdvisor.com POTENTIAL LIMITATIONS • Limited invoice customization options. • Security settings can be set to restrict users' access to the major functions, but does not go into detail like other programs. SUMMARY & PRICING Practice Relief is best suited for bookkeepers and accounting fi rms using the AccountantsWorld Power Practice suite. Firms not using the suite may consider Practice Relief as a standalone product because of its simplicity, ease of use and short learning curve. Pricing is $395 per year or $40 a month for an unlimited number of users. 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/10346589 www.accountantsworld.com POTENTIAL LIMITATIONS • Does not support HR tracking, such as personal time off . SUMMARY & PRICING Sage Timeslips has defined its target market as any business that bills for its time, including sole practitioners and small to medium-sized service fi rms with multiple timekeepers. T e single- user version is $499.99, and additional users may be added for $249.99 each. 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/10346593 www.sagetimeslips.com POTENTIAL LIMITATIONS • Very small fi rms may not be able to take advantage of all the management & reporting features off ered. • May take time to properly set up & customize, though it will result in time savings later on. SUMMARY & PRICING Timesheet.com by Tenrox is well suited for medium-sized and large accounting fi rms. Tenrox's target market for its Express edition is firms with 10 to 30 users. And being a very scalable product, some of the vendor's customers have thousands of users. Each named user requires a license, and rates start at $10 per user per month. Discounts are available based on the number of modules purchased, commitments and other terms. 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/10346605 www.tenrox.com

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