Brought to you by
AIA
Save content
Have you found this content useful? Use the button above to save it to your profile.

Star Practice Dashboard -- The key to client knowledge and practice profitability

25th May 2006
Brought to you by
AIA
Save content
Have you found this content useful? Use the button above to save it to your profile.

SYSTEM HAS POTENTIAL TO REVOLUTIONISE PRACTICE MANAGEMENT

Professional and commercial accountancy specialist, Star Computers, has launched a powerful web-based business intelligence system that has the potential to revolutionise the way in which practising accountants run their firms and interact with clients.

Called the Star Practice Dashboard, the system puts a wealth of information about clients, practice-wide and individual performance at partners' and managers' fingertips, combining a broad range of KPIs (Key Performance Indicators) and associated data into a suite of easy to customise screen views, and adopting practice corporate style.

Importantly, data can be retrieved from almost any source or database used by the firm ' whether within the Star Practice Management system or third party applications, including accounting systems.

Authorised users can monitor work in progress, debtors, billing, cash collection and staff performance etc. ' including efficiency and profitability ' against practice targets and budgets, analysed by partner, manager or staff member. At any point they can drill down from high-level summaries to the underlying detailed information. If they wish, partners and managers can benchmark their own performance against their colleagues.

Key financial data can be displayed instantly, broken down by portfolio, department and office, enabling effective management of the practice and monitoring of resources. An inbuilt graphics engine means that data can also be easily presented in chart form, with the added benefit of 'single click' export to Excel for further analysis.

In addition, the Star Practice Dashboard integrates with document management to locate and retrieve client-related documents, as well as generating and auto-filing letters and emails.

David Blechner, Managing Director of Star Computers, commented that accountants are under increasing pressure as they balance the need to manage their practices profitably while building business, dealing with increasingly onerous regulation and compliance, and ensuring client satisfaction.

'The Star Practice Dashboard is highly intuitive, needs very little training and gives instant access through clearly laid out PC screens to invaluable information and key performance indicators. No software is required on the PC other than a browser, through which a huge variety of client, engagement, audit, tax and compliance data from various sources can be called up instantly. Star Practice Dashboard is a significant development that helps put partners and managers in charge of their practices,' Blechner says.

For an online overview, please go to http://www.starplc.com/star-dashboard.htm

- ends -

About Star Computers:

Star Computers is the leading supplier of practice management and payroll software to the UK accountancy profession. More than 1,000 firms of all sizes use Star solutions to help run their businesses ' including all of the 'Big Four' international accountancy practices and more than half of the Top 100 UK firms. The company also has a strong presence overseas. In addition, Star has a flourishing commercial division, which provides accounting, business management and CRM solutions based on Microsoft Navision, SAP Business One and Sage Enterprise, as well as a successful marina management software product, HavenStar.

http://www.starplc.com

More information from:
David Blechner
Star Computers Limited
Tel: 01923 246414
[email protected]

Tony Martin
Portfolio Communications Ltd
Tel: 020 7240 6959
[email protected]
Date: 25 May 2006 Ref: AccWEB 05

Tags:

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.