Taking a look back, I’m fortunate to share some of the exciting milestones from 2021 to prepare for a brighter 2022 and beyond. This year was no different in our commitment to our mission of finding, buying and growing our mission-critical SaaS businesses.
BILL4TIME CEO SOFTWARE
Despite the continued ebb and flow of our daily lives, I’m happy to share that ASG performed really well and our software companies continued to be mission-critical during this period of uncertainty.īeing a part of the ASG portfolio for the last 5 years through Bill4Time, Traject, and now leading ASG, I’ve had the unique opportunity to see ASG’s contribution in transforming the SaaS landscape.
BILL4TIME CEO PASSWORD
In addition to all of this, they encrypt every password on the platform, employees do not have access to your client data, and they perform backups daily in real-time.Coming out of 2020’s market uncertainty and global economic and social challenges, 2021 continued as a year of extraordinary challenges. These servers have classically had both high security and high uptime. They also host you data on Amazon Web Services (AWS) servers. TimeSolv encrypts data transmitted between your browser and its servers using 256-bit (bank-grade) encryption.
This means that if you’re using an application like TimeSlips or Tabs3, they can rebuild your historical data (even invoice images) for you, so you won’t miss a beat.
BILL4TIME CEO FULL
These migrations typically handle getting your starting balances into the system and your account structure setup.įor a few specific programs, though, TimeSolve provides a full historical conversion of your data. Which is why they have a specific conversion tool to help users auto-migrate from several legacy desktop timekeeping and billing programs. But, take care of your payroll, your malpractice insurance, and other firm obligations with your accounting software. Do your billing and time tracking in TimeSolve. Instead, they have a two-way synchronization with QuickBooks Online, QuickBooks Desktop, and Xero. But, at the same time, it’s not trying to compete in that sphere. It’s missing a few things like accounts payable and check writing. TimeSolv is not a complete accounting system for your firm. Through its integration with LawPay and Lexcharge, TimeSolv allows you to store client credit card information so you can easily charge your clients for services rendered without them re-entering their information every month.
You can take credit card or ACH payments and still comply with the ethical obligations of your Trust account. This allows you to quickly and easily start (or continue) to take online payments from your clients. TimeSolve seamlessly integrates with both LawPay and Lexcharge. With over 30 reports to help you track firm performance, you can easily keep track of tasks like, assessing how your billing is doing versus your projected budget, discovering which member of your firm is most profitable, or simply obtaining task summaries grouped by person or task. It is also trust account compliant, offers flexible billing options, and offers LEDES 1998B, 1998BI, Chubbs, and Litigation Advisor electronic billing formats. It will also help you determine when a fixed fee is your best choice. You can estimate matter costs to more confidently inform clients what kind of costs to expect. TimeSolv lets you create and track a budget for your firm. Although this isn’t as thorough as Asana or Monday, some practices may find that this amount of project management is all that they need and they can forgo the LPMS system. Here, subscribers can create tasks within their matters, associate users with those tasks, allot amounts of time to do the task, and track whether the task has been completed or not. This is essentially the flip-side of the estimating feature below. In creating their timekeeping and billing platform, TimeSolv has also included simple project and task management features.
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