IRIS Time and Fees

Ensuring that all work has been charged for and appropriate fees have been collected can be a tough challenge, but it’s one that IRIS Time and Fees has been designed to meet. You need an accounting system that will help ensure all the work is invoiced correctly and one that will manage all billing processes, including staff time recording, work in progress monitoring, billing the client, and practice budgeting. Partners are looking for a system that will manage all aspects of billing, and one that offers an effective way to record staff time.

IRIS Time and Fees is an effective solution to manage all billing processes, allowing you to generate every necessary document, including invoices, statements and payment reminders. You can manage staff timesheets and record work in progress that can be used to bill the clients and calculate recoverability. Monitor staff performance and chargeable/non-chargeable time, reduce errors and ensure clients are invoiced correctly.

Efficient management

Manages all aspects of billing and ensures clients are promptly and accurately invoiced for the work done. Increases users’ productivity when performing day-to-day billing activities. You can also effectively manage cash flow and set and monitor budgets.

Fully integrated

As part of the IRIS Accountancy suite, it is fully integrated with Practice Management software, improving user productivity and ensuring a seamless process of capturing chargeable time for each job, controlling WIP and billing clients.

Performance insight

Tackles the problem firms often have with a lack of visibility into staff performance and chargeable versus non-chargeable time. Provides an effective way to record staff time and gives you the ability to monitor accumulated work in progress and outstanding fees.

Accurate

Accurate up-to-date picture through automatically generated reports.