Firm Central Now Handles Small Firm Accounting Too
Small firms are also small businesses and accounting is a critical function. Firm Central has added accounting software, which allows small and solo firms to now manage both their matters and finances all in one place, and eliminates the need for third-party accounting software. Firm Central provides a comprehensive “real-time” picture of the financial health of a firm’s business and generates detailed accounting reports for everything from balance sheets to bank reconciliations to P&Ls and more. Internal controls reduce errors, and help ensure compliance and audit readiness.
Other recent enhancements make it easier for clients to pay their bills with their mobile device and communicate with the firm about their matter. Together, the new features help small firms be more efficient, reduce costs and handle matters more effectively.