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Tax & AccountingAugust 29, 2023

Four ways to get the most out of your practice management system

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What is practice management software?

Simply put, a practice management system helps you better manage your firm.

A modernised practice management system makes time tracking easy to use and implement, simplifies billing and invoicing clients, helps with forecasting and resource allocation, and centralises data for firm-wide reporting.

We have seen practice management systems evolve out of basic time and billing software, but modern firms need a practice management system that goes beyond time tracking and invoice creation.

A future-focused firm management systems should include a host of tools to improve productivity, reduce time spent on manual, repetitive tasks so staff can focus on core work, versus administrative duties.

A modern practice management system has to go beyond the basics

Your practice management system should support firm-wide growth goals through simplified and streamlined processes while providing data-driven insights.

In this eBook, we’ll discuss four detailed ways your firm’s practice management system can help you do just this by:

  1. Avoid bottlenecks with better forecasting and resourcing
  2. Enable automation and transparency across all jobs
  3. Simplify billing and invoicing clients
  4. Centralise data for firm-wide reporting

Learn how your firm can maximise billable hours and streamline administrative work using modern practice management systems; complete the form below to download the eBook.

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CCH iFirm
An award-winning suite of unified cloud tools to support your end-to-end firm management and compliance workflow.
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