CPA Practice Advisor

OCT 2011

Today's Technology for Tomorrow's Firm.

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Broadway Billing Systems — Bill4Time 2011 OVERALL RATING BEST FIRM FIT Small and mid-sized fi rms wanting to do all time and billing in the cloud. STRENGTHS • Many options for capturing time, including a desktop widget & mobile apps. • Easy integration with PayPal for collecting online payments. • Scheduling integration with Outlook, Google Calendar & iCal. • Billing rate fl exibility for specifi c clients, projects, activities & time entries. 877-245-5484 TPS Software Inc — TPS Time & Billing 2011 OVERALL RATING BEST FIRM FIT Small and mid-size firms using Microsoſt Offi ce. STRENGTHS • Most complete integration with Microsoſt Offi ce among products reviewed, allowing for maximum customization of invoices & reports. • Unique to the other products reviewed, the time entry screen includes a graphical timeline showing how a day's time was spent. • Solid integration with Quick- Books. 888-877-2231 Have you taken the www.cpapracticeadvisor.com/awards/readers-choice/ Reader's Choice survey yet? Voting closes on October 25 October 2011 • www.CPAPracticeAdvisor.com 19 POTENTIAL LIMITATIONS • No SaaS version or interface available. • Not as many online resources to learn about the product as its competitors, but it does have good built-in Help. SUMMARY & PRICING TPS Time and Billing may not have the outward appearance of a sports car with its older design elements, but it has a lot of power under the hood. T is is a good fi t for a small to mid-size fi rms with up to 60 employees using Micro- soft Office and seeking strong security and reporting capabilities. T e one-time license fee is $399 for the fi rst user plus $149 for each additional user actively tracking time. T is price includes technical support, updates and online user training for 60 days. 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/10346600 www.tpssoftware.com POTENTIAL LIMITATIONS • Limited customization of invoices & reports within the program, though Bill4Time designs customized templates at no charge. SUMMARY & PRICING Bill4Time is an excellent choice for small to mid-sized accounting fi rms that want to do their time and billing completely with a web-based program, especially those that will take advantage of the mobile application and PayPal integration. Bill4Time has a free version for one user with up to three clients and fi ve projects. T e Lite version goes up to 20 clients and 30 projects at $19.99 per month and $9.99 for additional users. T e Pro plan, at $39.99 per month and $19.99 for additional users, allows for unlimited clients and projects. Volume discounts are available for large companies. 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/10346580 www.Bill4Time.com

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