SOURCE: Sage Software

July 01, 2008 09:45 ET

New Timeslips by Sage 2009 Offers Service-Based Professionals More Control Over Time and Billing Management

Streamlined Billing and New Reporting Features Are Keys to Helping Improve the Bottom Line

ATLANTA, GA--(Marketwire - July 1, 2008) - Sage Software announced today the availability of Timeslips by Sage 2009. Continuing its success as a market-leading time and billing application, Timeslips 2009 offers new and improved features to further simplify and streamline processes including billing, client entry and payment processing, along with enhanced reporting.

Timeslips is the recognized standard in time and billing software among service-based professionals including lawyers, accountants and thousands of other professional services firms in many industries. It provides time-tracking tools and reporting that help increase profitability, and billing tools that can help minimize costs and improve a company's bottom line.

"Timeslips helps to minimize the pain that can sometimes be involved in getting paid for services rendered, because it helps professionals track time and stay on top of the billing process with alerts, filters and some of the best timekeeper reporting on the market," said Sam Hunter, Sage Software senior vice president and general manager, Business Management Division. "Timeslips is a comprehensive solution, and with each new release we add more powerful functionality while making it easier for businesses to use and incorporate into their time and billing management process. In addition, the improvements made to this version's training features help customers get their solution up and running even more quickly so they can get back to the business of serving their clients."

The new features and enhancements to Timeslips 2009 offer improvements across the entire time and billing process to make it even easier to use and allow professionals more flexibility and control over the product. Timeslips 2009 includes:

--  Streamlined Billing -- Enhancements to the Billing Assistant further
    streamline navigation, and customizable buttons activate user-defined
    billing procedures that reduce the number of steps required to complete
    routine tasks. For more billing insight, Timeslips now provides additional
    information about interest and hold charges associated with clients.
    
--  A New Timekeeper Report -- Timeslips further expands its available
    reports with the new Timekeeper Contributions and Collections report, which
    enables businesses to track work in process, billed time, paid bills, and
    write-offs for each timekeeper. The report also allows for deeper reviews
    of the details behind the values with drill-downs to the client level.
    
--  New Reporting Capabilities -- User-defined reporting capabilities have
    been strengthened with more report fields. The new fields allow firms to
    include information such as billing rates, overdue balances, last payment
    details and fee allocation percentages on user-defined reports. The new
    calculated report fields enable businesses to create formulas similar to
    those in Excel® in their user-designed reports.
    
--  Simpler Client and Payment Entry Processes -- Timeslips 2009 now
    offers the option to auto-fill transactions with a client's current
    balance, automatically run conflict of interest checks during the client
    entry process, and the ability to hide inactive references.
    

Timeslips 2009 also offers several improvements to the Help and Support areas to make it even easier for businesses to get started using the solution, or for long-time users to learn how to use the new features.

Pricing and Availability

Timeslips by Sage 2009 has a suggested retail price (SRP) of $499.99 for the single user version. For firms with multiple timekeepers, Timeslips by Sage 2009 multi-user value packs have an SRP of $899.99 for up to 5 users, $1,599.99 for up to 10 users, and volume discounts available to firms requiring more than 10 users. Timeslips 2009 is available direct from Sage Software, retailers including Fry's Electronics and MicroCenter, and distributors CDW, Ingram Micro and Tech Data. Timeslips 2009 comes with 30 days of free technical support for all customers and a 60-day full money-back guarantee for first time customers. For more information on these and other available products or to order directly from Sage Software, call 800-285-0999 or visit www.timeslips.com.

About Sage Software

Sage Software supports the needs, challenges and dreams of nearly 2.9 million small and medium-sized business customers in North America through easy-to-use, scalable and customizable software and services. Our products support accounting, operations, customer relationship management, human resources, time tracking, merchant services and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate industries. Sage Software is a subsidiary of The Sage Group plc, a leading global supplier of business management software and services to small and medium-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989. Sage Group now has 5.7 million customers and employs over 14,800 people worldwide. For more information, please visit the web site at www.sagesoftware.com or call (866) 308-2378.

© 2008 Sage Software, Inc. All rights reserved. Sage Software, the Sage Software logo and the Sage Software product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities.

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