The creators of PCLaw are entering the market with a second generation Time, Billing and Accounting solution for Law Firms. With over thirty-five years of experience Alan Tuback and his team created Soluno to provide an updated option for firms leaving legacy platforms.
Soluno speaks to the complex needs of firms that have used premised based tools by offering a cloud or server based option. Flexible licensing plans and agreement terms make the switch affordable and attractive.
Overview
When speaking to Alan about Soluno’s ideal client, he explained that their experience in the marketplace has proven mid-sized to large law firms are not looking for an all-in-one practice management solution. Which, to be clear, Soluno is not a Practice Management Platform. In fact, the average law firm size that is a fit for Soluno is between five and twenty-five attorneys or “time-keepers”.
Cloud or Premise Based
While many firms are leaning towards purely cloud-based solutions, Soluno gives you options no matter what your IT requirements might be. Use the browser based version, host Soluno in a private cloud environment, or install it locally on your own system.
Time and Billing
The user experience or (UX) of the product is meant to be basic and straightforward. Few fancy features or icons get in your way while entering time records. Yet, you still have the capability to split payments, enter vendor costs, and track expenses. Bills and checks are then linked to the client’s file, making it easy for all users to view documents related to the delivery of service.
Accounting and Tax Compliance
The management of multiple trust accounts is a feature requirement that very few cloud-based platforms have been able to meet. One that has actually prevented many law firms from leaving their legacy solutions for the cloud.
Soluno includes full General Ledger (GL) functionality. For a time and billing application, this makes management of one or multiple trust accounts much easier. Especially when end of the month reconciliation deadlines arrive, reap the time savings of everything living in one system.
Taxes for both US and Canadian law firms are factored into the billing and accounting portions of Soluno for accurate invoicing and tax preparation where needed.
Integrations
Because of Soluno’s laser focused feature set, integrations are a natural progression for the product. Current live connections include, NetDocuments and Office 365, with Clio next on the horizon for release. All provide users smart and simple ways to extend the product’s capabilities to suit the needs of the firm.
Migration
With a tremendous amount of experience that’s to the team’s tenure at PCLaw, migrations are handled for free in-house or through a network of certified consultants. Many of which have a background in accounting, or law firm bookkeeping.
Pricing
Only pay for the users who enter time, create bills or manage the law firm’s accounting needs. A tiered pricing schedule helps law firms save money as they grow with a decrease in price for firms of over ten users. Take advantage of a month-to-month option or prepay for a year.
Bonus! Soluno is available for Canadian Law Firms
For multi-national or Canadian Law Firms, Soluno is able to support Canadian currency and trust accounting needs. Which includes tax compliance and trust account reconciliation tools.
In Summary
For law firms that are looking for a stand-alone time, billing and accounting tool Soluno has the depth of capabilities to match the legacy systems you previously used, with the flexibility to run in the environment of your choice.
Learn more about Soluno’s campabilities here: https://www.devlossoftware.com/
