IntPRac Solutions

IntPRac Solutions (Integrated Practice Management Solution)

IntPRac is comprehensive Integrated Practice Management Solution, which integrates and automates various operations and functions of CPA and EA firms. IntPRac improves the management and operational efficiency, especially enhancing small and medium sized accountancy practices (SMPs). IntPRac intends to help CPAs for managing practices, address opportunities and challenges; improve their competitiveness, profitability, and sustainability; enhance their expertise, competence and efficiency whilst creating an environment conducive to the provision of high-quality services to showcase global best practices and latest practice management techniques.

What Do We Mean By Integrated Practice Management?

Practice management covers a wide array of functions, operational and strategic, involved in managing a successful accounting practice. Functions include marketing, proposal drafting, engagements, workflow management, Human Resource management, merging and purchasing practice, succession planning, compensation strategies, billing and collection, administration, time tracking etc. Interestingly, the theories, techniques, approaches, and tools of practice management share much in common with those in Business Management.

What aspects of Accounting Practice are covered in IntPRac?

  • Managing Proposal and Engagement Letter.
  • Time Tracking and Management.
  • Workflow Management.
  • Document Management.
  • Centralized Document Library
  • Auto Client follow-ups.
  • Customer Relationship Management Tools.
  • Client Portals.
  • Payroll Solutions.
  • Billing and Collections.
  • Expense Management.

Why IntPRac?

Effective management is essential for the success of any organization, including accountancy practices. By and large, it is about recognizing opportunities and leveraging them to the best benefit of the organization. Practices are continually evolving, and their practice management needs are constantly changing. Following are Salient Advantages of IntPRac

a. Import or Export any excel/csv files for master or other information.

b. Easy Transition.

c. Web based Application but all data is storedin accounting firms’ local servers,and not on cloud or third party services.

d. Thoroughly defined User Access Rights by Partner Login/Employee Login/Client Login.

e. 80% time saved in functions like client follow-ups, billings, collection management, work reviews etc.

f. Extensive Reporting like profitability reports for each assignment, employees, jobs, clients, services provided to each clients, Time Analysis Reports, Client follow-up Pendency etc.

g. Centralized and Integrated master data, client, engagement, employees, services, Jobs, billing etc.

h. Clients’ end-to-end Workflow Management.

i. Integration with QB.

j. Professional Approach to Practice.

k. Payroll and Leave Management.

More detailed features can be discussedat the time of personal demonstration