Practice Management Overview

Never waste a billable minute again with the right combination of time recording and early billing. Maximise productivity, performance and output with over 180 structured management reports including; WIP, Debtors, Billing, Creditors & Financial.

Practice Management

Time/Expense Recording & Monitoring

Increase time capture: DRIVE’s unique time sheet generation button throughout the system removes the headache of time sheets. Simply click during a task to update timesheet automatically.

Lockout feature: Forces all employees to complete timesheets within a pre-defined period of time, ensuring timesheet completion.

Timesheet monitoring: A comprehensive visually interactive managerial tool allows tracking and drill-down on all key timesheet data across the entire practice.

Key Features

  • Maximise Time Control – review all staff on one screen
  • Minimise Administration – all staff enter their own time
  • Drilldown into individual timesheets
  • Review Full Year’s Timesheets on one screen
  • Review Non-Chargeable Time
  • Email or SMS a staff member who is late or missing time entries
  • Time Sheet Monitoring
  • Guaranteed Time Recording
  • Real-time Updating
  • Warnings Issued to Staff Automatically
  • Tolerance & Frequency can be set by administrator
  • User Friendly Weekly Input screen
  • Fast keys for quick entry
  • 10 Charge Out Rates along with Grade Rates
  • Inter-Department Transfer Rates
  • WIP Surcharge & Discount %
  • Set accountable hours and part-time working
  • Record time in hours and minutes, decimal hours or unit values
  • Extensive Notes input per time line
  • Mileage Rates
  • Expense control with grade limits and warnings
  • WEB Timesheets
  • 24/7 Input
  • Pass & Review Options
Practice Management

Billing Manager

Billing processes to suit every practice: Speed up your practice’s billing process with auto-fill function based on real time WIP. Easily edit bill templates using Microsoft Word.

Ensure Prompt Payment: Email bills or statements directly from billing module.

Extensive report pack: Generate billing reports for management overview to assess performance of client/staff & practice overall.

More Information…

Key Features

  • Microsoft Word Billing Templates
  • Letterhead Templates for Bills and Statements
  • Default Billing Paragraphs
  • WIP Recovery Analysis Tab
  • Accrued WIP for later allocation
  • Take Super Profits
  • Staff Profit Allocations for bonus allocations
  • Allocate Profits/Losses by Staff/WIP Code
  • Alerts when client is due for billing
  • Cross-Client Billing
  • Bill On Account
  • Recurring Bills
  • Nominal Ledger Automatic Update
  • Self-Defined Auto-Generate Bill Number Sequence
  • Multi-User Billing
  • Multi-Currency Billing
  • Bill Backing Report
  • Pro-forma & Vat Bill
  • Email Billing and Statement Templates
Billing Manager

Billing Manager Icon
Practice Financials

Practice Financials

Integrated financial ledgers: Eliminate the need to double post transactions to a separate financial system. DRIVE updates Debtors and Creditors ledger, VAT return and posts an entry into the financial accounts for the practice.

Access Levels: Restrict or allow staff access to any level of detail to the practice financials.

Improve Cash Flow: Integrated credit control facilities, Deal with issues before they become a problem.

Key Features

  • Suppliers List
  • Purchase Invoices
  • Purchase Credit Notes
  • Purchase Recurring Invoices
  • Linked Outlay
  • Bank Payments
  • Bank Recurring Payments
  • Lodgements
  • Bank Transfers
  • Bank Reconciliation
  • Nominal Ledger
  • Nominal Drilldown
  • Cost Centre Analysis
  • Sub-Codes
  • Comparatives
  • Budgets
  • Accruals
  • Prepayments
  • Journals
  • Practice Trial Balance
  • Practice Profit & Loss Report
  • Practice Balance Sheet
  • Full Practice Management Accounts (V2.1 or later)
Practice Financials

Dashboards

Live Practice Data: Over 90 live user defined dashboards allow for graphical representation of practice data for analysis. e.g. Partner/ Staff/Client performance & profitability.

Efficiently Measure KPIs: Partners have a 360° view of their practice in one user friendly tool.

Improved Management Control: Quickly monitor how the firm is performing and address the issues which are costing the practice time and money.

More Information…

Key Features

  • Aged WIP Barchart
  • Aged Debtors Barchart
  • Aged Creditors Barchart
  • Drilldown to Top 10 WIP, Debtors, Creditors
  • Income Charts By Office, Partners, Managers, Departments
  • Monthly Income Charts
  • WIP Code Analysis Chart
  • WIP Chargeable v Non Chargeable Chart
Dashboards Feature
Dashboards Feature






Sign up for our newsletter

Relate Software news, offers, tips and advice for accountants in practice.

Awards
Awards
Awards
Awards
Awards
Awards
Awards