The ProVantage
® Time and Cost Accounting subsystem enables firms to easily and efficiently capture and manage all billable/non-billable time and incurred costs. It integrates with the unique ProVantage Entity database to provide a comprehensive, flexible tool for improving accountability and maximizing profitability.
Users can:
- Enter billable and non-billable time manually or automatically.
- Enter full-text descriptions in draft or final form, by task code or client/matter or delegate tasks to administrative assistants.
- Actively manage changes and exceptions by assigning effective dates for client matter assignments, fee rates, and cost changes. This enables administrators to make retroactive changes or define the effective dates for future changes without the costly and time-consuming process of re-opening matters, reconciled accounts, or client bills. The system updates automatically to reflect the changes.
- Calculate actual costs from standard fee and rate definitions maintained within ProVantage to get a clear picture of productivity and client profitability across the firm.
ProVantage also offers a convenient, browser-based fee entry system for times you're away from the office:
- Real-time updates to ProVantage fee database.
- Same powerful client/matter search capability.
- No ActiveX controls or plug-ins required.
- Secured access and protection of sensitive fee data.
Download Data sheet Here. Requires Adobe Acrobat. 
