IRIS Time and Fees is a comprehensive billing management solution designed for accounting practices. It streamlines the process of recording time, monitoring work in progress, raising bills, sending statements, and controlling debtors. The software ensures accurate and prompt invoicing for all work done, helping practices improve cash flow and efficiency. It offers powerful features for staff performance monitoring, budget tracking, and analysis of chargeable versus non-chargeable time. As part of the IRIS Accountancy suite, it integrates seamlessly with other practice management tools. IRI...
Vendor
IRIS Capital
Company Website
IRIS Time and Fees is a powerful billing management solution tailored for accounting practices. It offers a comprehensive set of tools to streamline the entire billing process, from time recording to fee collection. The software enables partners, managers, and staff to efficiently record time, monitor work in progress, raise bills, send statements, and control debtors. By ensuring all work is accurately charged and invoiced, IRIS Time and Fees helps practices improve their cash flow and overall financial management.
Key Features
Comprehensive Billing Management Manages all aspects of the billing process
- Time and expense recording
- Work in progress monitoring
- Invoice generation and management
Performance Monitoring Provides insights into staff and practice performance
- Chargeable vs. non-chargeable time analysis
- Budget tracking
- Automatically generated performance reports
Integration and Efficiency Seamlessly integrates with other IRIS Accountancy suite tools
- Improves user productivity
- Ensures smooth capture of chargeable time for each job
- Streamlines WIP control and client billing
Benefits
Improved Cash Flow Enhances financial management and revenue collection
- Prompt and accurate invoicing
- Effective credit control facilities
- On-screen billing and authorization
Enhanced Productivity Streamlines billing processes and increases efficiency
- Automated report generation
- Easy creation and editing of fee documents using Microsoft Word
- Reduced errors in invoicing
Better Practice Insights Provides valuable data for decision-making and performance improvement
- Up-to-date picture of practice performance
- Insight into practice activity
- Effective monitoring of staff performance