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Clio Becomes Only Industry Approved Law Firm Practice Management Software on the Intuit App Store
Wednesday, September 20, 2017Company Profile | Careers | Follow Company
Clio is the only legal practice management software approved by 64 Bar Associations, 44 State Bars, and the LCCA to be featured on Intuit's app marketplace.
Burnaby, BC, September 20, 2017--(T-Net)--Clio, a leader in cloud-based legal practice management software, announced that it is releasing an enhanced version of their accounting sync with longtime partner Intuit.
With this update comes a number of performance and functionality enhancements including the new ability to sync amounts held in law firms' trust accounts. These improved workflows have resulted in faster sync transactions and premier reliability.
“At Clio, we're always striving to improve our software to better meet the needs of our customers,” said Jack Newton, CEO and co-founder of Clio. “We have ongoing conversations with them to understand how to better support their businesses, and we know that meeting trust accounting requirements are a key part of that. As such, we've worked to incorporate a fully automated trust workflow that aligns with our customers needs and goals.”
Intuit QuickBooks is the global leader in cloud accounting, and Clio is now the only practice management software approved by 64 Bar Associations, 44 State Bars, and the Legal Cloud Computing Association (LCCA) featured on Intuit QuickBooks Online App store.
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To receive LCCA's approval a company needs to meet 21 standards for cloud computing that are responsive to the needs of the legal profession. The partnership of both the accounting and legal industries' most-used and trusted tools is helping lawyers focus on what they do best: practice law.
“Clio is more than just legal practice management software—it is a central platform that brings information from all the tools lawyers use in their practices into one place, eliminating excess administrative work. By deepening our partnership with Intuit, we are widening the range of cloud-based services we can deliver to lawyers and clients,” said Newton.
Law firms have a unique accounting need: holding funds on behalf of their clients in specially designated trust accounts. Amounts in trust are now seamlessly tracked from trust accounts in Clio to QuickBooks Online.
These new enhancements include a fully automated trust workflow, which allows users to sync any advance fee deposits, escrow, or bill payments involving trust between both tools, instantly removing the need for double entry. This one-time data entry from Clio efficiently appears as records in QuickBooks Online, and in turn, in users' connected bank accounts.
“At Intuit we are excited about the launch of Clio on the Intuit QuickBooks Online App store. The increased time savings of the enhanced Clio integration with QuickBooks Online combined with the power of the Intuit ProAdvisor network of accountants and bookkeepers will help ensure 1,000s of law firms achieve success as they move to the cloud,” said David Leary, Intuit's Small Business Ecosystem Evangelist.
With this update, firms can conduct end-of-month bookkeeping efficiently, meaning lawyers and their support staff can spend more time on the billable tasks that make firms profitable.
About Clio:
Founded in 2008, Clio is the most comprehensive cloud-based practice management platform for the legal industry. With the help of the cloud, Clio eases the process of time tracking, billing, administration, and collaboration for law firms of all sizes. One of Canada's fastest-growing companies with international reach, Clio employs over 200 individuals with a rapidly growing customer base spanning 50 countries. For the last two years, Clio's growth has been recognized by Deloitte on both the Fast50 and the Fast500 lists. Learn more at clio.com.
For more information please contact:
Sasha Perrin
Corporate Communications Manager
1-888-858-2564 x625
sasha.perrin@clio.com
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