2012 Innovation Awards Nomination:
BillQuick Practice Management 2012
www.BillQuick.com
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Visit www.bqe.com/CPA to see a quick run-down of the New Innovative Features in BillQuick 2012.
BillQuick 2012 is designed to address major pain points faced by small and mid-sized accounting firms. While most use software to capture their time and expenses and invoice their clients, they don’t have the time or the tools to analyze this valuable data to help identify the bottlenecks in their business. Without such data, firms often make the same mistakes repeatedly which impacts their profitability and performance.
BillQuick 2012 provides cutting edge features to improve a firm’s success. Some of these include:
- New Engagement Center – Displays easy-to-understand charts and graphs on profitability, billability and efficiency.
- New Collection Center – Gives two metrics that are important to cash flow: Time Entry to Invoice and Invoice to Payment.
- New Report Center – A perfect example of how smart programming can make difficult tasks easy.
- Hybrid Cloud Model – Allows desktop, browser and mobile app to communicate in real time with our cloud server.
Traditional time billing programs end with client billing. We’ve taken the traditional time and billing concept and added a significant business intelligence model, without requiring any additional data entry. This repurposing of data is best demonstrated in our three new Centers: Engagement, Collection and Report Center.
Our new Engagement Center displays easy-to-understand charts and graphs on profitability, billability and efficiency. Professionals can effortlessly monitor and control engagements at-a-glance to see which are running at a loss, have burned through the budget or have overspent their contract. To identify engagements needing attention, simple red dots identify the at-risk engagements. This Center helps managers act rather than react to at-risk engagements.
To help professionals identify bottlenecks in the cash flow process and make informed decisions instantly, we added the Collection Center. In addition to simplifying and enhancing collections tracking, this Center includes two metrics that are important to cash flow: Time Entry to Invoice and Invoice to Payment. If the bottleneck is in Time Entry to Invoice, it requires an action such as changing the billing frequency or billing practices. If the bottleneck is in Invoice to Payment, the business owner can re-write engagement letters, fire the client or add late fees to future agreements. This new approach of analyzing the elements impacting cash flow is unique to BillQuick.
The Report Center is a perfect example of how smart programming can make difficult tasks easy. Once a report is selected, BillQuick’s intelligent algorithm analyzes it, figures out the applicable filters, provides a list of similar reports, and displays an instant preview of the report. BillQuick also remembers the last filters applied the next time you run the same report. This smart technology works with all reports including the ones created by users themselves! In addition you can Memorize reports and filters, tag your Favorites, and rerun previous reports with a click. Considering that an average BillQuick user runs over 1,000 reports per year these features are a huge time-saver.
Finally, we developed the hybrid cloud model allowing desktop, browser and mobile app to communicate in real time with our cloud server. This innovation involved developing custom protocols for syncing data from various platforms and devices in a seamless and frictionless way. Now within one firm the tech savvy users can move to the cloud while others continue using the desktop application.
After 16 years in business, BQE Software is not content with our matured applications. We reinvent ourselves every 12 months with cutting-edge technology that helps our customers embrace the latest technology without disruption. This forward thinking approach is rare, especially in the Time and Billing market, and deserves recognition.
BQE Contact:
Stephanie Deakins
310-602-4010 x366
stephanie@bqe.com
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