No items found.
8 min read

Boost your CPA Firm's Efficiency with Firm360's Time Tracking and Billing Features

Published on
November 9, 2023
woman working productively
No items found.
Blog

Boost your CPA Firm's Efficiency with Firm360's Time Tracking and Billing Features

Contributors
No items found.
Subscribe now to receive our latest updates and news.
By subscribing you agree to with our Privacy Policy.
Share this post

Copied!

The pursuit of maximum productivity is a common goal shared by CPA firms worldwide, and with good reason. Efficient operations drive profitability, client satisfaction, and growth. However, achieving this can be a challenge, particularly when it comes to time tracking and billing. These essential tasks can often be time-consuming and prone to human error. 

But what if there was a way to streamline and automate these processes, freeing up valuable time for your team to focus on higher-value tasks? Enter Firm360, a comprehensive accountants practice management software designed specifically for CPA firms. 

With innovative time tracking and billing features, Firm360 empowers firms to maximize productivity, increase accuracy, and enhance client service. This software is more than a tool; it's a game-changer for CPA firms seeking to improve their operations and achieve their growth objectives.

Harnessing the Power of Firm360's Time Tracking and Billing Tools for CPA Firms

1. Automated Timers Track Time Effortlessly and Accurately

Tracking time accurately is essential for billing clients, managing budgets, and optimizing resource allocation. However, manual time tracking can often be cumbersome and error-prone, leading to inaccuracies and inefficiencies. Firm360's platform features automated timers that make the process of tracking time both effortless and accurate for your team. By using these timers, your team will spend less time on mundane tasks and more time on high-value client work.

Key advantages of automated timers:

  • Improved accuracy in time tracking for billing and project management
  • Increased efficiency, allowing your team to focus on core tasks
  • Enhanced transparency in resource allocation and workload management
  • Streamlined communication with clients regarding billable hours

2. Customizable Billing Templates Generate Professional, Consistent Invoices

Ensuring that your firm's invoicing process is professional and consistent is vital to maintain a positive reputation and strong client relationships. Firm360's platform offers customizable billing templates, enabling you to easily create professional, branded invoices that meet each client's unique requirements. With Firm360's templates, you can simplify your billing process while ensuring a smooth, efficient, and accurate invoicing experience for your clients.

Benefits of customizable billing templates:

  • Professional, consistent invoicing that upholds your firm's reputation
  • Personalized invoices tailored to each client's needs
  • Streamlined billing process, reducing the risk of errors
  • Enhanced client satisfaction through accurate, well-presented invoices

3. Real-Time Reporting Make Informed Decisions Based on Up-to-Date Data

Access to real-time data is invaluable for CPA firms seeking to make informed decisions and optimize their operations. Firm360's platform includes real-time reporting features that provide instant insights into your team's time tracking and billing activities. With this data at your fingertips, you can quickly identify inefficiencies, monitor your team's progress, and make strategic decisions to optimize your practice's performance.

Advantages of real-time reporting:

  • Improved decision-making based on up-to-date and accurate data
  • Enhanced oversight of your team's time tracking and billing activities
  • Streamlined communication regarding project budgets and timelines
  • Increased agility to adapt to changing circumstances and client demands

4. Seamless Integration with Existing Tools Simplify Your Firm's Workflow

Adopting new software can often be overwhelming, particularly when considering its compatibility with existing tools. To minimize disruption and ensure a seamless transition, Firm360's platform is designed to integrate effortlessly with popular accounting tools, ensuring that your firm's billing and time tracking data can be easily consolidated and synchronized. This compatibility not only streamlines your firm's overall workflow but also helps your staff to adapt to the new system and enjoy its benefits quickly.

Benefits of seamless integration:

  • Smooth transition to Firm360's platform with minimal disruption
  • Increased efficiency through the consolidation of data and workflows
  • Easier staff adaptation to the new system
  • Enhanced compatibility with your firm's existing tools and processes

Leverage Firm360's Time Tracking and Billing Solutions to Propel Your CPA Firm's Success

By embracing Firm360's Accounting Practice Management Software, your CPA firm can significantly improve its time tracking and billing processes, overcoming the challenges of inefficiency, inaccuracies, and time-consuming tasks. With advanced features such as automated timers, customizable billing templates, real-time reporting, and seamless integration with popular accounting tools, the platform offers a comprehensive, tailored solution to help your practice flourish in a competitive market.

Invest in Firm360's platform and harness the transformative potential of state-of-the-art accounting practice management software designed to streamline your firm's billing and time tracking activities. By adopting these innovative solutions, your firm can boost productivity, enhance client relationships, and pave the way for long-term success, profitability, and growth in the dynamic world of accounting services.

Firm360

Canopy

Karbon

TaxDome

Best For Firms That:
Need an expert-driven, robust solution with U.S. support
Focus on tax resolution services, but also need project management
Firms operating globally that consider AI a necessity
Require support for multiple languages & desire a heavily branded client experience
Document Management
Client Portal
Integrated Time & Billing
Basic Reporting Options
Advanced Reporting Options
At some plan levels
Payment Collection via Credit Card & ACH
E-signature
Via integration
Additional fee
Piloting as of November 2024
Project Management
At some plan levels
Additional fee
Automated Workflows
Additional fee
Advanced Integration Options
At some plan levels
Dedicated Customer Success Manager
At some plan levels
Unclear
Additional fee
At some plan levels
Strong Customer Service Reputation
U.S. Based Customer Support
Unclear
Unclear
Built by Accountants, for Accountants
IRS-integrated Transcript Retrieval Tool
Additional fee
AI Integration
Straightforward Pricing
Monthly Pricing
Based on annual billing and listed prices in Nov. 2024. *Denotes "per user"
$49 - $99*

Custom pricing for 20+ users.

3-user minimum for Standard & Premium plans.
$150 - $175 base price for client engagement platform only.

PLUS

$89 - $107 for remainder of modules for first user.

Small-firm pricing available with limited capabilities.
$59 - $89*

Enterprise pricing available.

Add-ons for implementation, training, customer support & more.
$58 - $66* depending on subscription length.

Seasonal users: $85.

Basic

Popular
$96/year
Basic features for up to 10 users with everything you need.
Get started

Business

$192/year
Advanced features and reporting, better workflows and automation.
Get started

Enterprise

$384/year
Personalised service and enterprise security for large teams.
Get started
Overview
Basic features
Users
10
20
Unlimited
Individual data
20GB
40GB
Unlimited
Support
Automated workflows
200+ integrations
Reporting and analytics
Analytics
Basic
Advanced
Advanced
Export reports
Scheduled reports
API access
Advanced reports
Saved reports
Customer properties
Custom fields
User access
SSO/SAML authentication
Advanced permissions
Audit log
Data history

Firm360

Best For Firms That:
Need an expert-driven, robust solution with U.S. support
Document Management
Client Portal
Integrated Time & Billing
Basic Reporting Options
Advanced Reporting Options
Payment Collection via Credit Card & ACH
E-signature
Via integration
Project Management
At some plan levels
Automated Workflows
Advanced Integration Options
At some plan levels
Dedicated Customer Success Manager
At some plan levels
Strong Customer Service Reputation
U.S. Based Customer Support
Built by Accountants, for Accountants
IRS-integrated Transcript Retrieval Tool
AI Integration
Straightforward Pricing
Monthly Pricing
Based on annual billing and listed prices in Nov. 2024. *Denotes "per user"
$49 - $99*

Custom pricing for 20+ users.

3-user minimum for Standard & Premium plans.

Basic

Popular
$96/year
Basic features for up to 10 users with everything you need.
Get started

Business

$192/year
Advanced features and reporting, better workflows and automation.
Get started

Enterprise

$384/year
Personalised service and enterprise security for large teams.
Get started
Overview
Basic features
Users
10
20
Unlimited
Individual data
20GB
40GB
Unlimited
Support
Automated workflows
200+ integrations
Reporting and analytics
Analytics
Basic
Advanced
Advanced
Export reports
Scheduled reports
API access
Advanced reports
Saved reports
Customer properties
Custom fields
User access
SSO/SAML authentication
Advanced permissions
Audit log
Data history

Canopy

Best For Firms That:
Focus on tax resolution services, but also need project management
Document Management
Client Portal
Integrated Time & Billing
Basic Reporting Options
Advanced Reporting Options
At some plan levels
Payment Collection via Credit Card & ACH
E-signature
Additional fee
Project Management
Additional fee
Automated Workflows
Additional fee
Advanced Integration Options
Dedicated Customer Success Manager
Unclear
Strong Customer Service Reputation
U.S. Based Customer Support
Unclear
Built by Accountants, for Accountants
IRS-integrated Transcript Retrieval Tool
Additional fee
AI Integration
Straightforward Pricing
Monthly Pricing
Based on annual billing and listed prices in Nov. 2024. *Denotes "per user"
$150 - $175 base price for client engagement platform only.

PLUS

$89 - $107 for remainder of modules for first user.

Small-firm pricing available with limited capabilities.Custom pricing for 20+ users.

Basic

Popular
$96/year
Basic features for up to 10 users with everything you need.
Get started

Business

$192/year
Advanced features and reporting, better workflows and automation.
Get started

Enterprise

$384/year
Personalised service and enterprise security for large teams.
Get started
Overview
Basic features
Users
10
20
Unlimited
Individual data
20GB
40GB
Unlimited
Support
Automated workflows
200+ integrations
Reporting and analytics
Analytics
Basic
Advanced
Advanced
Export reports
Scheduled reports
API access
Advanced reports
Saved reports
Customer properties
Custom fields
User access
SSO/SAML authentication
Advanced permissions
Audit log
Data history

Karbon

Best For Firms That:
Firms operating globally that consider AI a necessity
Document Management
Client Portal
Integrated Time & Billing
Basic Reporting Options
Advanced Reporting Options
Payment Collection via Credit Card & ACH
E-signature
Piloting as of November 2024
Project Management
Automated Workflows
Advanced Integration Options
Dedicated Customer Success Manager
Additional fee
Strong Customer Service Reputation
U.S. Based Customer Support
Built by Accountants, for Accountants
IRS-integrated Transcript Retrieval Tool
AI Integration
Straightforward Pricing
Monthly Pricing
Based on annual billing and listed prices in Nov. 2024. *Denotes "per user"
$59 - $89*

Enterprise pricing available.

Add-ons for implementation, training, customer support & more.

Basic

Popular
$96/year
Basic features for up to 10 users with everything you need.
Get started

Business

$192/year
Advanced features and reporting, better workflows and automation.
Get started

Enterprise

$384/year
Personalised service and enterprise security for large teams.
Get started
Overview
Basic features
Users
10
20
Unlimited
Individual data
20GB
40GB
Unlimited
Support
Automated workflows
200+ integrations
Reporting and analytics
Analytics
Basic
Advanced
Advanced
Export reports
Scheduled reports
API access
Advanced reports
Saved reports
Customer properties
Custom fields
User access
SSO/SAML authentication
Advanced permissions
Audit log
Data history

TaxDome

Best For Firms That:
Require support for multiple languages & desire a heavily branded client experience
Document Management
Client Portal
Integrated Time & Billing
Basic Reporting Options
Advanced Reporting Options
Payment Collection via Credit Card & ACH
E-signature
Project Management
Automated Workflows
Advanced Integration Options
Dedicated Customer Success Manager
At some plan levels
Strong Customer Service Reputation
U.S. Based Customer Support
Unclear
Built by Accountants, for Accountants
IRS-integrated Transcript Retrieval Tool
AI Integration
Straightforward Pricing
Monthly Pricing
Based on annual billing and listed prices in Nov. 2024. *Denotes "per user"
$58 - $66* depending on subscription length.

Seasonal users: $85.

Basic

Popular
$96/year
Basic features for up to 10 users with everything you need.
Get started

Business

$192/year
Advanced features and reporting, better workflows and automation.
Get started

Enterprise

$384/year
Personalised service and enterprise security for large teams.
Get started
Overview
Basic features
Users
10
20
Unlimited
Individual data
20GB
40GB
Unlimited
Support
Automated workflows
200+ integrations
Reporting and analytics
Analytics
Basic
Advanced
Advanced
Export reports
Scheduled reports
API access
Advanced reports
Saved reports
Customer properties
Custom fields
User access
SSO/SAML authentication
Advanced permissions
Audit log
Data history

Related Blog Posts