Question: Is there a platform that can help me automate timekeeping and improve profitability in my accounting practice?

If you want to automate time tracking and maximize profitability in your accounting firm, Laurel could be a good choice. The platform uses AI to automatically track and record billable work, reducing time leakage and providing accurate billing data. Among its features are Smart Work History for tracking across multiple digital platforms, Time Composer for creating accurate timesheets, and Billing Navigator for correctly assigning work to clients and projects. With a focus on data security, Laurel can free your attention to focus on your work, increase revenue and improve firm productivity.

Another good option is Replicon, a project time tracking and professional services automation tool. It uses AI and machine learning to automatically capture time data, ensuring 100% accurate timesheets and compliance with global labor laws. Replicon integrates with a variety of software, including project management, HR, payroll and accounting systems, so it works for businesses of all sizes. The platform increases employee productivity and ensures data accuracy for billing, resulting in better project profitability.

Timely is another option for automating time tracking. It offers AI-generated timesheets, billable rates optimization and a people dashboard for time allocation insights. The platform is geared for consultancies, agencies and professional services firms that want to optimize operations, streamline workflows and maximize margins. Timely's real-time data and integration with popular tools means you can make business decisions and drive profitability.

If you want a more integrated accounting practice management, look at Botkeeper. The platform automates bookkeeping work with machine learning and workflow tools, reducing errors and improving client service. It has high security standards and flexible support options. Botkeeper helps firms optimize resources, maximize return on investment and focus on high-value work, so they can maintain a healthy work-life balance.