DT Practice logo

DT Practice

by Thomson Reuters · Since 2008
No reviews yet
Active1+ countriesCloud
Quick facts
VendorThomson Reuters
Year launched2008
StatusActive
Location19 Duncan Street Toronto, Ontario M5H 3H1 Canada 1 416.687.7500
Countries served1+
Languages1
Integrations
Free tier
Free trialYES
Contact salesYES

About DT Practice

DT Practice by Thomson Reuters is a cloud practice management system for accounting and tax firms. It combines time and billing with electronic invoicing, client portals, and dashboards that track firm, staff, and client performance. Project and staff management tools help monitor workloads, while secure portals support file sharing and e-signatures. The platform is delivered as SaaS with training via webinars and documentation, and pricing is by quote. DT Practice is aimed at large firms that need centralized visibility into billing, productivity, and client activity. Key capabilities Time tracking and billing automation Electronic invoicing and payments Client portals and e-signatures Project and staff management Performance dashboards and reporting Best for: Large accounting firms managing billing and workflows.

DT Practice is a comprehensive accounting practice management software designed to enhance firm productivity and client service. It provides an integrated solution for managing various aspects of accounting operations, including projects, client interactions, and staff activities. The software features a user-friendly interface with centralized dashboards, allowing for real-time tracking and management of firm operations, staff tasks, and client activities. The platform includes several key features such as project management, client management, staff oversight, and electronic billing. Users can track projects and tasks in real time, monitor client activities, and manage staff time and benefits. The software supports customizable invoicing, secure client portals for file sharing and electronic signatures, and automated time and expense tracking. It also provides detailed financial reports and performance metrics through its dashboard functionality. DT Practice integrates with payment gateways to facilitate electronic billing and accepts credit card payments through secure client portals. While it does not specify integrations with banks or tax authorities, it supports electronic tax filing. The software is primarily web-based and accessible via standard browsers on desktop and laptop computers.

Pros & Cons

What users like
  • +Comprehensive management tools for projects, clients, and staff.
  • +Real-time dashboards for effective decision-making.
  • +Secure client portals for improved client service.
  • +Customizable billing and invoicing features.
What users flag
  • Limited information on bank and tax authority integrations.
  • Pricing details not publicly listed; requires contact for specifics.

Features

Key features

Electronic Billing
Enables fast accounts receivable turnover with paperless billing, customized electronic invoices, and online payment acceptance.
Time and Billing
Records time and expenses automatically, supports various billing methods, and generates detailed financial reports.
Dashboards
Provides real-time firm, staff, and client dashboards to monitor key performance indicators and make informed decisions.
Client Portals
Creates secure, private client portals for sharing files and obtaining electronic signatures.

Additional features

Project Management
Monitors projects and tasks in real time.
Client Management
Centralized location for client collaboration and activity tracking.
Staff Management
Tracks comp time, benefits, holidays, and sets performance targets.
Time Tracking
Automatic recording of billable hours and expenses.
Billing Options
Supports various billing methods and customizable invoices.
Reports
Generates detailed financial summaries and reports.
Secure Portals
Facilitates file sharing and electronic signatures with clients.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
1
Interface languages
1
Billing currencies

Available in

Canada.

Interface languages

English.

Billing currencies

🇨🇦CAD

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