TimeSolv
UnclaimedMaximize billable hours and simplify invoicing for professionals across various industries.
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TL;DR - TimeSolv
- Accurately tracks billable hours and expenses from any device, including offline.
- Simplifies invoicing with customizable templates and integrated online payment processing.
- Offers comprehensive practice management tools including trust accounting, project management, and CRM.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Highly rated for usability, simplifying complex billing processes.
- Integrated online payment options significantly speed up collections.
- Comprehensive feature set covers time tracking, billing, accounting, project management, and CRM.
- Offers specific tools like trust accounting and ABA task codes for legal professionals.
- Flexible for various professional services beyond legal, such as consulting and accounting.
Cons
- Pricing structure is per user, which might be costly for larger teams.
- Some advanced features like marketing automation and website building are add-ons at additional cost.
- Requires integration with external tools for certain functionalities like email and document management.
Key Features
Automatic Time TrackingEffortless Invoicing with Customizable TemplatesFrictionless Online Payments (Credit Card & ACH)Built-in, Compliant Trust AccountingData-Driven Reporting (30+ reports)Project Management (tasks, timelines, budgets)Client Portal for Secure CommunicationIntegrated CRM for Lead Generation
Pricing Plans
Free TrialPro
$147 USD/month
- Legal Project Management
- Conflict Check
- Calendaring and Task Management
- Matter Custom Fields
- Matter Budgets
- Custom Data Views
- Mobile App
- Document Management
- Secure Document Sharing & eSignatures
- Outlook, O365, LawPay, Xero, Quickbooks Integration
- Time & Expense Tracking
- Auto Trust Transfer & Holds
- LEDES Billing
- Split Billing
- Flexible Billing Templates
- Online Payments
- Recurring Payments
- Client Portal
- Custom Abbreviations
- Flexible Billing Rates
- Batch Invoicing
- Trust Accounting
- Financial & Productivity Reports
- Bulk Payment Collection
- Built-in Payment Processing
- Phone, Email, Chat Support
- Dedicated Account Manager
- Live Onboarding & Migration
About TimeSolv
By Toolradar Team·
TimeSolv is a comprehensive legal billing and time tracking software designed for professionals, particularly law firms, consultants, accountants, and freelancers. It streamlines the process of capturing billable hours, generating professional invoices, and managing client payments. The platform aims to eliminate missed revenue opportunities and accelerate collections through features like automatic time tracking, customizable invoice templates, and integrated online payment processing.
Beyond core time and billing, TimeSolv offers a suite of tools to manage firm operations, including data-driven reporting, compliant trust accounting, project management capabilities, and a built-in CRM for lead generation and client communication. It is built to scale with businesses, ensuring compliance and providing insights into firm performance, making it suitable for professionals seeking to optimize their billing workflows and overall practice management.
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TimeSolv FAQ
How does TimeSolv ensure compliance with legal trust accounting requirements?
TimeSolv includes built-in, compliant trust accounting features that allow for separate tracking of client funds, automated three-way reconciliations, and the generation of trust reports specifically designed to meet bar association requirements.
Can TimeSolv help prevent budget overruns on client projects?
Yes, TimeSolv allows users to set maximum hours per task, matter, or phase. It also provides real-time alerts to notify users when they are approaching budget limits, helping to prevent costly overages and maintain scope.
What is the 'TimeSync' desktop app and how does it facilitate offline work?
The TimeSync desktop app is a feature that enables users to record time and expense entries even when they are offline. Once reconnected to the internet, the entries can be manually synced with the main TimeSolv system, ensuring no billable time is lost.
How does TimeSolv integrate with existing accounting software like QuickBooks?
TimeSolv offers a two-way sync with QuickBooks, allowing for accurate data flow between time entries, invoicing, and financial reporting. This integration helps streamline reconciliation and billing processes without disrupting existing accounting workflows.
Beyond time and billing, what project management capabilities does TimeSolv offer?
TimeSolv provides tools to plan, prioritize, and track projects with precision. Users can assign tasks, monitor timelines, manage budgets, and ensure team alignment, all without requiring extensive micromanagement.
Does TimeSolv support different billing models for various professions?
Yes, TimeSolv is highly flexible and supports various billing models. Professionals can bill hourly, by retainer, or per project, and can customize billing rates and templates to suit their specific client agreements and industry practices.
Source: timesolv.com