2011 Overall Rating 4.5
800-890-9500
www.DrakeSoftware.com
Best Firm Fit:
1040-focused practices looking to broaden their services with integrated write-up and tax planning options, as well as retail environments with multiple locations.
Strengths:
– Exceptional live support
– Affordable all-inclusive pricing includes all entities, states, e-filing, plus tax planning, document management & write-up with ATF payroll
– Multi-office manager sync system
– Free basic websites for firms
Potential Limitations:
– No client portals
– Limited document automation tools (scan & fill)
– Limited internal collaboration tools
Executive Summary & Pricing:
The Drake system provides virtually everything a tax practice needs at one simple cost, making it a good turnkey solution for new firms or those looking to enhance their tax services with planning, write-up, after-the-fact payroll and other offerings. The system is best suited to smaller and mid-sized practices primarily focused on 1040s, with some moderately complex returns, as well as a growing business client base. Drake also offers excellent program support and tax training options. The system costs $1,495, although various discounts are often available and early renewal pricing is under $1,095, making it one of the most affordable fully comprehensive professional tax suites on the market. Pricing includes any number of users within a practice. A pay-per-return model is also available, with each return costing $19, inclusive of federal and state e-filing.
4.75 – Core Product Functions/Features
product depth/multi-state
navigation/ease-of-use
support for special situations
electronic filing
3.75 – Paperless Workflow
paperless creation
paperless open items
access control for limiting access into returns
digital document storage/mgmt.
data import/export
4.25 – Integration
w/in Publisher’s own suite
w/tax research tools & guidance
w/other or external programs
w/external services
5 – Help/Support
online resource center
tech assistance availability
Downloadable program updates
Preferred SaaS route
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Tags: Software
