SOS hosted service targets smaller firms
Virtual Accounts Service hits the right mark
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Virtual Accounts Service hits the right mark
Virtual Practices, the latest innovation to be launched by leading software company Solicitors Own Software (SOS) is already creating interest and excitement among smaller legal firms, with new firms signing up weekly.
According to legal IT guru, Charles Christian, this secure, web-based legal accounting and matter management service is “one of the most technically and commercially attractive hosted solutions we have seen to date.”
A key benefit of Virtual Practices, which provides lawyers with their own virtual accounts department for a set monthly fee, is that it provides access to the full functionality of SOS Connect – an award winning .NET based practice management system.
For £450 per month, including 200 postings and full month-end management and financial reports, Virtual Practices will provide an online accounts bureau that will free up more time for the fee-earner for profitable work.
All the solicitor or staff member requires is a PC or laptop and connection to the Internet. The firm is simply connected to the service via the Internet for a monthly fee that provides access for all members of staff. The initial set-up and training required is minimal, the system is permanently on-line and requires no day-to-day administration. Employment costs and associated risks are reduced or removed.
The accounts are managed on-line by a team of skilled specialists who provide a secure cashier service and create and maintain records to Law Society standards. Peace of mind is assured as the Legal Practices accounts information is stored in secure and managed servers off site.
But Virtual Practices is much more than accounting software - its time-saving features include intuitive time recording, client and matter creation, matter management and automatic filing of emails against matters.
The matter management scripting function lets users build their own workflow processes into the software, delivering results much faster and more easily than a case management system.
It is also fully integrated with Microsoft Outlook so is easy to use.
“Virtual Practices is a secure and affordable accounting solution for smaller practices,” said SOS managing director, Michael Platt. “Our software is used by many top 100 law firms and VP offers all the functionality of SOS Connect, our award winning .NET practice management system, at an affordable price.
“Since Virtual Practices provides virtual legal cashiers whenever required, firms save on salaries and all the headaches that employing staff can entail. But that’s not all - the accounting and matter management features also liberate fee-earners from time-consuming administrative work, helping to make smaller practices more profitable.”
He added: “It is also extremely flexible – both in the range of reports it provides and the number of users who can access it so its capabilities can expand as a firm grows.”
For more information on Virtual Practices, call SOS on Freephone 0800 027 7341.